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Lake County Gazette

Monday, November 25, 2024

Highwood home prices fall in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Highwood fell by $121,000 while total sales decreased by 12.5%, according to BlockShopper.com.

From April through June of 2019, there were seven homes sold, with a median sale price of $290,000 - a 29.4% decrease over the $411,000 median sale price for the same period of the previous year. There were eight homes sold in Highwood in the second quarter of 2018.

The median sales tax in Highwood for the most recent year with available data, 2017, was $6,966, approximately 2.4% of the median home sale price for the second quarter of 2019.

The following table compares Highwood to other Lake County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Fox River Grove12-50%$315,000$505,000-37.6%
Cary84100%$305,000$360,000-15.3%
Port Barrington3250%$295,000$339,250-13%
Wadsworth241560%$292,450$349,900-16.4%
Harris Corners21100%$292,000$355,000-17.7%
Highwood78-12.5%$290,000$411,000-29.4%
Gurnee1611544.5%$245,000$234,2004.6%
Lake Villa835745.6%$241,600$227,0006.4%
Third Lake57-28.6%$238,500$285,500-16.5%
Forest Lake13944.4%$238,000$248,000-4%
Wauconda59565.4%$237,500$242,000-1.9%

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