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Tuesday, November 26, 2024

Leland Grove home prices fall in October 2017

Realestate2

The median sale price of a home sold in October 2017 in Leland Grove, a Springfield neighborhood, fell by $49,050 while total sales decreased by 50%, according to BlockShopper.com.

In October 2017, there were five homes sold, with a median sale price of $109,900 - a 30.9% decrease over the $158,950 median sale price for the same period of the previous year. There were 10 homes sold in Leland Grove in October 2016.

The median sales tax in Leland Grove for 2017 was $3,948. In 2016, the median sales tax was $3,967. This marks an decrease of 0.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.6%.

The following table compares Leland Grove 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)
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%
Stanton Street/ Stevenson Drive181428.6%$90,193.50$93,000-3%
Route 4/ Route 97990%$90,000$97,000-7.2%
College Street/ Ash Street11837.5%$87,000$105,000-17.1%

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