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Sunday, September 29, 2024

Bull Valley home prices fall in November 2017

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The median sale price of a home sold in November 2017 in Bull Valley fell by $216,250 while total sales increased by 100%, according to BlockShopper.com.

In November 2017, there were six homes sold, with a median sale price of $318,750 - a 40.4% decrease over the $535,000 median sale price for the same period of the previous year. There were three homes sold in Bull Valley in November 2016.

The median sales tax in Bull Valley for 2017 was $11,721.58. In 2016, the median sales tax was $11,867.80. This marks an decrease of 1.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.7%.

The following table compares Bull Valley to other McHenry County cities with similar median sales prices in November 2017:

CityNov. 2017 Home SalesNov. 2016 Home Sales% change (Total Home Sales)Nov. 2017 Median Sales PriceNov. 2016 Median Sales Price% change (Median Sales Price)
Barrington Hills3250%$753,000$2,695,000-72.1%
Trout Valley110%$400,000$213,00087.8%
Bull Valley63100%$318,750$535,000-40.4%
Ringwood110%$312,000$258,00020.9%
Spring Grove58-37.5%$300,000$259,75015.5%
Fox Lake20-$250,000$0-
Huntley29283.6%$240,000$202,25018.7%
Lakewood9728.6%$230,000$346,500-33.6%
Fox River Grove711-36.4%$222,000$209,0006.2%
Fox River Shores110%$220,000$125,00076%
Cary2223-4.3%$214,750$187,00014.8%

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