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Tuesday, November 26, 2024

Grandview home prices rise in August 2018

Realestate5

The median sale price of a home sold in August 2018 in Grandview, a Springfield neighborhood, rose by $5,951 while total sales increased by 75%, according to BlockShopper.com.

In August 2018, there were seven homes sold, with a median sale price of $35,000 - a 20.5% increase over the $29,050 median sale price for the same period of the previous year. There were four homes sold in Grandview in August 2017.

The median sales tax in Grandview for the most recent year with available data, 2017, was $986, approximately 2.8% of the median home sale price for August 2018.

The following table compares Grandview 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)
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%
Stanford Avenue/ Fox Bridge Road10742.9%$34,000$30,00313.3%
Ash Street/ Wirt Avenue38-62.5%$30,000$25,00020%
Route 97/ 9th Street78-12.5%$28,000$45,000-37.8%
Cook Street/ 11th Street13-66.7%$2,000$10,500-81%

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