From January through March of 2018, there were four homes sold, with a median sale price of $41,500 - a 3.8% increase over the $40,000 median sale price for the same period of the previous year. There were nine homes sold in Southern View in the first quarter of 2017.
The median sales tax in Southern View for the most recent year with available data, 2017, was $1,173.90, approximately 2.8% of the median home sale price for the first quarter of 2018.
The following table compares Southern View to other Springfield neighborhood with similar median sales prices in the first quarter of 2018:
Neighborhood | Jan. - Mar. 2018 Home Sales | Jan. - Mar. 2017 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2018 Median Sales Price | Jan. - Mar. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Route 97/ 9th Street | 3 | 13 | -76.9% | $60,000 | $45,000 | 33.3% |
Jerome | 16 | 26 | -38.5% | $59,500 | $64,396.13 | -7.6% |
College Street/ Lawrence Avenue | 4 | 8 | -50% | $58,475 | $18,000 | 224.9% |
Arlington Heights | 15 | 15 | 0% | $48,500 | $37,000 | 31.1% |
Ash Street/ Wirt Avenue | 12 | 9 | 33.3% | $42,784.86 | $22,510 | 90.1% |
Southern View | 4 | 9 | -55.6% | $41,500 | $40,000 | 3.8% |
Grandview | 16 | 9 | 77.8% | $35,750 | $35,500 | 0.7% |
Route 29/ Route 97 | 15 | 18 | -16.7% | $33,500 | $35,750 | -6.3% |
16th Street/ Ash Street | 13 | 9 | 44.4% | $29,000 | $25,000 | 16% |
Cook Street/ Wheeler Avenue | 13 | 2 | 550% | $21,000 | $13,300 | 57.9% |
Cook Street/ 11th Street | 3 | 2 | 50% | $16,000 | $7,250 | 120.7% |