Quantcast

Lake County Gazette

Monday, November 25, 2024

Port Barrington (Lake County) home prices fall in the second quarter of 2019

Re 12

The median sale price of a home sold in the second quarter of 2019 in Port Barrington in Lake County fell by $44,250 while total sales increased by 50%, according to BlockShopper.com.

From April through June of 2019, there were three homes sold, with a median sale price of $295,000 - a 13% decrease over the $339,250 median sale price for the same period of the previous year. There were two homes sold in Port Barrington in the second quarter of 2018.

The median sales tax in Port Barrington for the most recent year with available data, 2017, was $8,120, approximately 2.8% of the median home sale price for the second quarter of 2019.

The following table compares Port Barrington 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)
Knollwood68-25%$322,500$320,0000.8%
Vernon Hills120155-22.6%$321,500$330,000-2.6%
Horatio Gardens8633.3%$317,500$227,50039.6%
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%
* This story only considers sales data for the part of Port Barrington that is in Lake County.

MORE NEWS