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Wednesday, April 24, 2024

5th Street/ Griffiths Avenue home prices fall in June 2019

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The median sale price of a home sold in June 2019 in 5th Street/ Griffiths Avenue, a Springfield neighborhood, fell by $31,500 while total sales increased by 66.7%, according to BlockShopper.com.

In June 2019, there were 10 homes sold, with a median sale price of $52,950 - a 37.3% decrease over the $84,450 median sale price for the same period of the previous year. There were six homes sold in 5th Street/ Griffiths Avenue in June 2018.

The median sales tax in 5th Street/ Griffiths Avenue for the most recent year with available data, 2017, was $1,463, approximately 2.8% of the median home sale price for June 2019.

The following table compares 5th Street/ Griffiths Avenue to other Springfield neighborhood with similar median sales prices in June 2019:

NeighborhoodJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
4th Street/ Cook Street37-57.1%$79,900$48,50064.7%
College Street/ Lawrence Avenue9650%$60,000$42,20042.2%
Jerome514-64.3%$60,000$73,000-17.8%
Stanford Avenue/ Fox Bridge Road39-66.7%$57,000$54,5004.6%
Route 97/ 9th Street110%$55,000$45,00022.2%
5th Street/ Griffiths Avenue10666.7%$52,950$84,450-37.3%
Route 97/ Walnut Street45-20%$45,500$40,00013.8%
Route 29/ Route 9738-62.5%$30,000$52,998.50-43.4%
16th Street/ Ash Street52150%$29,000$22,50028.9%
Arlington Heights7475%$25,000$81,972.50-69.5%
Edwards Street/ 11th Street12-50%$22,400$4,600387%

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