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Friday, April 26, 2024

Route 29/ Route 97 home prices fall in December 2018

Realestate3

The median sale price of a home sold in December 2018 in Route 29/ Route 97, a Springfield neighborhood, fell by $38,250 while total sales decreased by 16.7%, according to BlockShopper.com.

In December 2018, there were five homes sold, with a median sale price of $30,000 - a 56% decrease over the $68,250 median sale price for the same period of the previous year. There were six homes sold in Route 29/ Route 97 in December 2017.

The median sales tax in Route 29/ Route 97 for the most recent year with available data, 2017, was $1,112, approximately 3.7% of the median home sale price for December 2018.

The following table compares Route 29/ Route 97 to other Springfield neighborhood with similar median sales prices in December 2018:

NeighborhoodDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Route 4/ Route 9767-14.3%$66,350$54,00022.9%
Grandview5425%$60,000$51,25017.1%
Ash Street/ Wirt Avenue35-40%$57,420$30,00091.4%
16th Street/ Ash Street19-88.9%$45,000$30,00050%
Arlington Heights52150%$37,000$64,000-42.2%
Route 29/ Route 9756-16.7%$30,000$68,250-56%
5th Street/ Griffiths Avenue660%$25,350$61,100-58.5%
Cook Street/ Wheeler Avenue220%$22,100$34,825-36.5%
4th Street/ Cook Street13-66.7%$19,900$75,000-73.5%
Clear Lake Avenue/ 16th Street12-50%$18,000$10,45072.2%
Southern View13-66.7%$13,000$56,250-76.9%

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