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Monday, November 25, 2024

New Berlin home prices fall in July 2018

Re 14

The median sale price of a home sold in July 2018 in New Berlin fell by $6,150 while total sales decreased by 14.3%, according to BlockShopper.com.

In July 2018, there were six homes sold, with a median sale price of $158,750 - a 3.7% decrease over the $164,900 median sale price for the same period of the previous year. There were seven homes sold in New Berlin in July 2017.

The median sales tax in New Berlin for the most recent year with available data, 2017, was $2,698, approximately 1.7% of the median home sale price for July 2018.

The following table compares New Berlin to other Sangamon County cities with similar median sales prices in July 2018:

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Sherman39-66.7%$194,900$225,000-13.4%
Loami13-66.7%$185,000$225,000-17.8%
Chatham1929-34.5%$159,000$172,000-7.6%
New Berlin67-14.3%$158,750$164,900-3.7%
Pleasant Plains31200%$151,000$53,300183.3%
Rochester911-18.2%$149,000$212,500-29.9%
Spaulding220%$136,250$104,50030.4%
Pawnee84100%$116,800$138,750-15.8%
Divernon21100%$110,000$35,000214.3%
Williamsville31200%$108,000$210,000-48.6%
Auburn1211100%$107,000$67,50058.5%

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