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Dupage Policy Journal

Saturday, November 16, 2024

Burr Ridge (DuPage County) home prices fall in November 2017

Realestate2

The median sale price of a home sold in November 2017 in Burr Ridge in DuPage County fell by $302,500 while total sales decreased by 14.3%, according to BlockShopper.com.

In November 2017, there were six homes sold, with a median sale price of $477,500 - a 38.8% decrease over the $780,000 median sale price for the same period of the previous year. There were seven homes sold in Burr Ridge in November 2016.

The median sales tax in Burr Ridge for 2017 was $10,708.26. In 2016, the median sales tax was $10,336.70. This marks an increase of 3.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.

The following table compares Burr Ridge to other DuPage County cities with similar median sales prices in November 2017:

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Hinsdale1022-54.5%$827,500$852,000-2.9%
Oak Brook10100%$690,000$582,00018.6%
Burr Ridge67-14.3%$477,500$780,000-38.8%
Glen Ellyn2136-41.7%$393,500$315,00024.9%
Medinah23-33.3%$377,000$375,0000.5%
Wheaton4356-23.2%$365,000$257,50041.7%
Wayne30-$350,000$0-
Winfield57-28.6%$349,000$275,00026.9%
Elmhurst44432.3%$338,500$320,5005.6%
Naperville1129419.1%$332,250$308,5007.7%
Darien272412.5%$307,000$255,00020.4%
* This story only considers sales data for the part of Burr Ridge that is in DuPage County.

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