Gold Coast home prices fall in July 2020

Medium realestate077

The median sale price of a home sold in July 2020 in Gold Coast, a Chicago neighborhood, fell by $47,500 while total sales decreased by 62.5%, according to BlockShopper.com.

In July 2020, there were 30 homes sold, with a median sale price of $360,000 - a 11.7% decrease over the $407,500 median sale price for the same period of the previous year. There were 80 homes sold in Gold Coast in July 2019.

The median sales tax in Gold Coast for the most recent year with available data, 2019, was $5,974, approximately 1.7% of the median home sale price for July 2020.

The following table compares Gold Coast to other Chicago neighborhood with similar median sales prices in July 2020:

NeighborhoodJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Logan Square32116-72.4%$395,000$420,250-6%
North Mayfair36-50%$372,000$323,75014.9%
Portage Park2273-69.9%$366,500$324,50012.9%
Irving Park 1532-53.1%$365,000$405,000-9.9%
Near West Side941-78%$363,500$433,000-16.1%
Gold Coast3080-62.5%$360,000$407,500-11.7%
Albany Park2353-56.6%$349,000$282,50023.5%
University Village / Little Italy1220-40%$347,500$303,00014.7%
Oriole Park318-83.3%$335,000$257,50030.1%
Union Ridge616-62.5%$332,000$272,50021.8%
West Loop419-78.9%$327,500$410,000-20.1%

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