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Monday, October 7, 2024

Leland Grove home prices fall in November 2018

Re 11

The median sale price of a home sold in November 2018 in Leland Grove, a Springfield neighborhood, fell by $210,500 while total sales decreased by 50%, according to BlockShopper.com.

In November 2018, there were four homes sold, with a median sale price of $131,500 - a 61.5% decrease over the $342,000 median sale price for the same period of the previous year. There were eight homes sold in Leland Grove in November 2017.

The median sales tax in Leland Grove for the most recent year with available data, 2017, was $3,948, approximately 3% of the median home sale price for November 2018.

The following table compares Leland Grove to other Springfield neighborhood with similar median sales prices in November 2018:

NeighborhoodNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Salisbury/ Farmingdale232015%$173,000$216,550-20.1%
Woodside614-57.1%$159,950$196,750-18.7%
Route 4/ Greenbriar Drive810-20%$154,950$172,500-10.2%
Route 4/ Wabash Avenue45-20%$141,000$142,500-1.1%
Route 4/ Washington Street1318-27.8%$135,000$143,857.50-6.2%
Leland Grove48-50%$131,500$342,000-61.5%
Devereux Heights14-75%$128,000$116,25010.1%
Toronto/ University of Illinois at Springfield10911.1%$123,000$153,000-19.6%
Glenwood Avenue/ Fayette Avenue78-12.5%$116,022.47$54,125114.4%
Route 4/ Route 97511-54.5%$110,500$90,00022.8%
Stanton Street/ Stevenson Drive8633.3%$98,750$62,40058.3%

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