Prestbury home prices rise in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Prestbury rose by $20,450 while total sales increased by 6.7%, according to BlockShopper.com.

From July through September of 2020, there were 16 homes sold, with a median sale price of $290,450 - a 7.6% increase over the $270,000 median sale price for the same period of the previous year. There were 15 homes sold in Prestbury in the third quarter of 2019.

The median sales tax in Prestbury for the most recent year with available data, 2019, was $7,379, approximately 2.5% of the median home sale price for the third quarter of 2020.

The following table compares Prestbury to other Kane County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
St. Charles148166-10.8%$308,000$282,5009%
Sugar Grove5266-21.2%$297,750$265,50012.1%
Algonquin51486.3%$295,000$249,00018.5%
Five Island Park220%$293,500$199,25047.3%
Bowes30-$292,500$0-
Prestbury16156.7%$290,450$270,0007.6%
Elburn433522.9%$290,000$278,0004.3%
Sleepy Hollow1519-21.1%$288,000$277,8003.7%
North Aurora6586-24.4%$285,100$260,0009.7%
Hampshire564330.2%$285,000$267,0006.7%
Big Rock10825%$263,500$288,750-8.7%

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