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Wednesday, April 24, 2024

Route 4/ Greenbriar Drive home prices fall in May 2017

Realestate4

The median sale price of a home sold in May 2017 in Route 4/ Greenbriar Drive, a Springfield neighborhood, fell by $47,000 while total sales remained unchanged with 21 homes sold, according to BlockShopper.com.

In May 2017, there were 21 homes sold, with a median sale price of $168,000 - a 21.9% decrease over the $215,000 median sale price for the same period of the previous year. There were 21 homes sold in Route 4/ Greenbriar Drive in May 2016, as well.

The median sales tax in Route 4/ Greenbriar Drive for 2017 was $4,189. In 2016, the median sales tax was $4,307. This marks an decrease of 2.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.5%.

The following table compares Route 4/ Greenbriar Drive to other Springfield neighborhood with similar median sales prices in May 2017:

NeighborhoodMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Salisbury/ Farmingdale302711.1%$227,250$222,4022.2%
Woodside15150%$221,000$205,0007.8%
Leland Grove84100%$201,500$154,40030.5%
Route 4/ Greenbriar Drive21210%$168,000$215,000-21.9%
Route 4/ Wabash Avenue1112-8.3%$144,900$136,7006%
Route 4/ Washington Street1526-42.3%$137,500$127,5007.8%
Toronto/ University of Illinois at Springfield189100%$126,750$126,0000.6%
Devereux Heights25-60%$117,805.26$44,500164.7%
Route 4/ Route 9710100%$102,650$85,87519.5%
Mayden Road/ Dirkson Parkway70-$95,000$0-
Lincoln Avenue/ Fayette Avenue181338.5%$92,917.60$72,00029.1%

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