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Wednesday, November 27, 2024

Belvidere home prices fall in the first quarter of 2019

Realestate5

The median sale price of a home sold in the first quarter of 2019 in Belvidere fell by $22,400 while total sales increased by 18.6%, according to BlockShopper.com.

From January through March of 2019, there were 70 homes sold, with a median sale price of $117,500 - a 16% decrease over the $139,900 median sale price for the same period of the previous year. There were 59 homes sold in Belvidere in the first quarter of 2018.

The median sales tax in Belvidere for the most recent year with available data, 2018, was $3,653, approximately 3.1% of the median home sale price for the first quarter of 2019.

The following table compares Belvidere to other Boone County cities in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Caledonia62200%$312,500$198,95057.1%
Timberlane42100%$286,000$277,2503.2%
Loves Park34-25%$186,000$268,500-30.7%
Poplar Grove919-52.6%$169,900$210,000-19.1%
Candlewick Lake14140%$153,500$126,00021.8%
Belvidere705918.6%$117,500$139,900-16%
Capron220%$117,100$109,9506.5%
Garden Prairie00-$0$0-

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