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Kendall County Times

Sunday, November 24, 2024

Bristol home prices fall in the fourth quarter of 2017

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The median sale price of a home sold in the fourth quarter of 2017 in Bristol fell by $60,500 while total sales increased by 150%, according to BlockShopper.com.

From October through December of 2017, there were five homes sold, with a median sale price of $194,500 - a 23.7% decrease over the $255,000 median sale price for the same period of the previous year. There were two homes sold in Bristol in the fourth quarter of 2016.

The median sales tax in Bristol for 2017 was $5,404.40. In 2016, the median sales tax was $5,240.50. This marks an increase of 3.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.

The following table compares Bristol to other Kendall County cities with similar median sales prices in the fourth quarter of 2017:

CityOct. - Dec. 2017 Home SalesOct. - Dec. 2016 Home Sales% change (Total Home Sales)Oct. - Dec. 2017 Median Sales PriceOct. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Oswego183187-2.1%$230,000$220,0004.5%
Aurora362450%$225,000$184,00022.3%
Joliet4860-20%$222,500$187,688.5018.5%
Yorkville117123-4.9%$222,000$209,0006.2%
Minooka615-60%$209,250$157,00033.3%
Newark11837.5%$200,000$179,50011.4%
Bristol52150%$194,500$255,000-23.7%
Montgomery7173-2.7%$180,000$219,000-17.8%
Boulder Hill443912.8%$160,000$151,0006%
Plano715626.8%$146,500$150,000-2.3%
Lisbon220%$135,000$95,160.5041.9%

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