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Tuesday, November 26, 2024

College Street/ Lawrence Avenue home prices fall in August 2018

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The median sale price of a home sold in August 2018 in College Street/ Lawrence Avenue, a Springfield neighborhood, fell by $26,750 while total sales decreased by 42.9%, according to BlockShopper.com.

In August 2018, there were four homes sold, with a median sale price of $55,250 - a 32.6% decrease over the $82,000 median sale price for the same period of the previous year. There were seven homes sold in College Street/ Lawrence Avenue in August 2017.

The median sales tax in College Street/ Lawrence Avenue for the most recent year with available data, 2017, was $1,532, approximately 2.8% of the median home sale price for August 2018.

The following table compares College Street/ Lawrence Avenue 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)
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%
Clear Lake Avenue/ 16th Street15-80%$37,000$15,000146.7%
Grandview7475%$35,000$29,049.5020.5%

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