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Monday, November 25, 2024

Route 29/ Route 97 home prices rise in August 2018

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The median sale price of a home sold in August 2018 in Route 29/ Route 97, a Springfield neighborhood, rose by $30,224 while total sales increased by 120%, according to BlockShopper.com.

In August 2018, there were 11 homes sold, with a median sale price of $55,224 - a 120.9% increase over the $25,000 median sale price for the same period of the previous year. There were five homes sold in Route 29/ Route 97 in August 2017.

The median sales tax in Route 29/ Route 97 for the most recent year with available data, 2017, was $1,112, approximately 2% of the median home sale price for August 2018.

The following table compares Route 29/ Route 97 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)
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%
4th Street/ Cook Street48-50%$34,000$37,500-9.3%

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