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Tuesday, November 26, 2024

5th Street/ Griffiths Avenue home prices fall in December 2018

Realestate1

The median sale price of a home sold in December 2018 in 5th Street/ Griffiths Avenue, a Springfield neighborhood, fell by $35,750 while total sales remained unchanged with six homes sold, according to BlockShopper.com.

In December 2018, there were six homes sold, with a median sale price of $25,350 - a 58.5% decrease over the $61,100 median sale price for the same period of the previous year. There were six homes sold in 5th Street/ Griffiths Avenue in December 2017, as well.

The median sales tax in 5th Street/ Griffiths Avenue for the most recent year with available data, 2017, was $1,463, approximately 5.8% of the median home sale price for December 2018.

The following table compares 5th Street/ Griffiths Avenue 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)
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%
Cook Street/ 11th Street12-50%$4,000$21,250-81.2%

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