From April through June of 2019, there were 28 homes sold, with a median sale price of $534,500 - a 6.4% decrease over the $571,250 median sale price for the same period of the previous year. There were 52 homes sold in Long Grove in the second quarter of 2018.
The median sales tax in Long Grove for the most recent year with available data, 2017, was $18,468, approximately 3.5% of the median home sale price for the second quarter of 2019.
The following table compares Long Grove to other Lake County cities with similar median sales prices in the second quarter of 2019:
City | Apr. - June 2019 Home Sales | Apr. - June 2018 Home Sales | % change (Total Home Sales) | Apr. - June 2019 Median Sales Price | Apr. - June 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Bannockburn | 1 | 4 | -75% | $2,800,000 | $1,000,000 | 180% |
Lake Forest | 88 | 98 | -10.2% | $683,750 | $815,750 | -16.2% |
Riverwoods | 16 | 13 | 23.1% | $672,500 | $615,000 | 9.3% |
Kildeer | 21 | 21 | 0% | $590,000 | $575,000 | 2.6% |
Green Oaks | 17 | 21 | -19% | $540,000 | $547,500 | -1.4% |
Long Grove | 28 | 52 | -46.2% | $534,500 | $571,250 | -6.4% |
North Barrington | 24 | 10 | 140% | $512,500 | $520,000 | -1.4% |
Deer Park | 16 | 16 | 0% | $509,000 | $452,500 | 12.5% |
Hawthorn Woods | 37 | 51 | -27.5% | $490,000 | $482,500 | 1.6% |
Highland Park | 120 | 136 | -11.8% | $473,750 | $476,250 | -0.5% |
Barrington Hills | 5 | 4 | 25% | $465,226 | $1,028,750 | -54.8% |