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Tuesday, October 15, 2019

Amboy home prices fall in the second quarter of 2019

Real Estate

By Local Labs News Service | Jul 7, 2019


The median sale price of a home sold in the second quarter of 2019 in Amboy fell by $23,500 while total sales decreased by 23.1%, according to BlockShopper.com.

From April through June of 2019, there were 10 homes sold, with a median sale price of $96,500 - a 19.6% decrease over the $120,000 median sale price for the same period of the previous year. There were 13 homes sold in Amboy in the second quarter of 2018.

The median sales tax in Amboy for the most recent year with available data, 2017, was $1,945, approximately 2% of the median home sale price for the second quarter of 2019.

The following table compares Amboy to other Lee County cities with similar median sales prices in the second quarter of 2019:

City
Apr. - June 2019 Home Sales
Apr. - June 2018 Home Sales
% change (Total Home Sales)
Apr. - June 2019 Median Sales Price
Apr. - June 2018 Median Sales Price
% change (Median Sales Price)
Lee
1
0
-
$142,000
$0
-
Paw Paw
4
11
-63.6%
$138,000
$116,500
18.5%
Steward
2
2
0%
$136,000
$198,500
-31.5%
Palmyra
4
8
-50%
$127,500
$231,750
-45%
Compton
4
0
-
$101,995.25
$0
-
Amboy
10
13
-23.1%
$96,500
$120,000
-19.6%
Dixon
34
60
-43.3%
$80,700
$76,000
6.2%
Franklin Grove
5
5
0%
$57,000
$60,000
-5%
Harmon
1
3
-66.7%
$50,100
$37,000
35.4%
Sublette
1
1
0%
$50,000
$300,000
-83.3%
Ashton
3
7
-57.1%
$48,000
$75,000
-36%

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Lee County Clerk and Recorder

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