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Tuesday, November 26, 2024

Route 4/ Greenbriar Drive home prices fall in October 2017

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The median sale price of a home sold in October 2017 in Route 4/ Greenbriar Drive, a Springfield neighborhood, fell by $17,500 while total sales decreased by 41.2%, according to BlockShopper.com.

In October 2017, there were 10 homes sold, with a median sale price of $147,500 - a 10.6% decrease over the $165,000 median sale price for the same period of the previous year. There were 17 homes sold in Route 4/ Greenbriar Drive in October 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 2.8%.

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

NeighborhoodOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Woodside1014-28.6%$179,000$211,000-15.2%
Salisbury/ Farmingdale1317-23.5%$165,000$220,000-25%
Toronto/ University of Illinois at Springfield11757.1%$150,000$111,00035.1%
Route 4/ Greenbriar Drive1017-41.2%$147,500$165,000-10.6%
Lincoln Avenue/ Fayette Avenue4333.3%$141,700$101,00040.3%
Mayden Road/ Dirkson Parkway52150%$134,000$102,08031.3%
Devereux Heights5425%$119,000$64,25085.2%
Route 4/ Wabash Avenue10666.7%$113,000.50$153,500-26.4%
Leland Grove510-50%$109,900$158,950-30.9%
Grandview16-83.3%$93,000$47,75094.8%
Glenwood Avenue/ Fayette Avenue47-42.9%$91,500$122,000-25%

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