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Monday, November 25, 2024

Devereux Heights home prices fall in August 2018

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The median sale price of a home sold in August 2018 in Devereux Heights, a Springfield neighborhood, fell by $47,000 while total sales decreased by 40%, according to BlockShopper.com.

In August 2018, there were three homes sold, with a median sale price of $65,000 - a 42% decrease over the $112,000 median sale price for the same period of the previous year. There were five homes sold in Devereux Heights in August 2017.

The median sales tax in Devereux Heights for the most recent year with available data, 2017, was $1,518, approximately 2.3% of the median home sale price for August 2018.

The following table compares Devereux Heights to other Springfield neighborhood with similar median sales prices in August 2018:

NeighborhoodAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
5th Street/ Griffiths Avenue36-50%$85,400$40,855.50109%
College Street/ Ash Street191090%$80,000$89,900-11%
Arlington Heights27-71.4%$77,500$53,00046.2%
Route 4/ Route 97910-10%$75,000$99,000-24.2%
Stanton Street/ Stevenson Drive1012-16.7%$71,197$87,750-18.9%
Devereux Heights35-40%$65,000$112,000-42%
Southern View24-50%$62,007.57$61,7500.4%
College Street/ Lawrence Avenue47-42.9%$55,250$82,000-32.6%
Route 29/ Route 97115120%$55,224.17$25,000120.9%
Cook Street/ Wheeler Avenue12-50%$44,000$24,55079.2%
16th Street/ Ash Street57-28.6%$38,000$18,000111.1%

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