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Sunday, November 24, 2024

Route 4/ Greenbriar Drive home prices fall in July 2017

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The median sale price of a home sold in July 2017 in Route 4/ Greenbriar Drive, a Springfield neighborhood, fell by $20,000 while total sales decreased by 31.3%, according to BlockShopper.com.

In July 2017, there were 11 homes sold, with a median sale price of $177,000 - a 10.2% decrease over the $197,000 median sale price for the same period of the previous year. There were 16 homes sold in Route 4/ Greenbriar Drive in July 2016.

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 2.4%.

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

NeighborhoodJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Salisbury/ Farmingdale2325-8%$227,500$195,50016.4%
Woodside13128.3%$177,500$239,450-25.9%
Route 4/ Greenbriar Drive1116-31.3%$177,000$197,000-10.2%
Leland Grove413-69.2%$174,950$119,50046.4%
Toronto/ University of Illinois at Springfield151315.4%$157,000$158,000-0.6%
Route 4/ Wabash Avenue912-25%$145,000$146,750-1.2%
Mayden Road/ Dirkson Parkway1211100%$134,750$102,00032.1%
Route 4/ Washington Street919-52.6%$122,000$128,000-4.7%
Lincoln Avenue/ Fayette Avenue52150%$101,900$123,250-17.3%
College Street/ Ash Street131118.2%$99,900$100,000-0.1%
College Street/ Lawrence Avenue45-20%$99,250$85,00016.8%

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