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Sunday, September 29, 2024

Devereux Heights home prices fall in June 2017

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The median sale price of a home sold in June 2017 in Devereux Heights, a Springfield neighborhood, fell by $69,250 while total sales decreased by 66.7%, according to BlockShopper.com.

In June 2017, there were two homes sold, with a median sale price of $41,500 - a 62.5% decrease over the $110,750 median sale price for the same period of the previous year. There were six homes sold in Devereux Heights in June 2016.

The median sales tax in Devereux Heights for 2017 was $1,518. In 2016, the median sales tax was $1,580. This marks an decrease of 3.9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.7%.

The following table compares Devereux Heights to other Springfield neighborhood with similar median sales prices in June 2017:

NeighborhoodJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
College Street/ Ash Street222010%$78,450$111,500-29.6%
Arlington Heights73133.3%$67,000$63,0006.3%
5th Street/ Griffiths Avenue84100%$64,700$57,00013.5%
4th Street/ Cook Street45-20%$49,250$46,5005.9%
Stanford Avenue/ Fox Bridge Road1012-16.7%$45,000$51,700-13%
Devereux Heights26-66.7%$41,500$110,750-62.5%
Route 97/ 9th Street21100%$37,000$75,000-50.7%
Southern View5366.7%$36,000$61,000-41%
Grandview8560%$34,000$52,000-34.6%
Route 29/ Route 9759-44.4%$30,000$62,500-52%
Edwards Street/ 11th Street10-$28,200$0-

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