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Sunday, November 24, 2024

Route 29/ Route 97 home prices fall in November 2018

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The median sale price of a home sold in November 2018 in Route 29/ Route 97, a Springfield neighborhood, fell by $1,500 while total sales decreased by 42.9%, according to BlockShopper.com.

In November 2018, there were four homes sold, with a median sale price of $45,500 - a 3.2% decrease over the $47,000 median sale price for the same period of the previous year. There were seven homes sold in Route 29/ Route 97 in November 2017.

The median sales tax in Route 29/ Route 97 for the most recent year with available data, 2017, was $1,112, approximately 2.4% of the median home sale price for November 2018.

The following table compares Route 29/ Route 97 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)
5th Street/ Griffiths Avenue78-12.5%$75,000$74,0001.4%
College Street/ Lawrence Avenue79-22.2%$74,000$59,50024.4%
Route 97/ Walnut Street52150%$73,641$37,05498.7%
Route 97/ 9th Street30-$64,900$0-
Grandview3250%$48,000$34,10040.8%
Route 29/ Route 9747-42.9%$45,500$47,000-3.2%
Ash Street/ Wirt Avenue15-80%$38,000$30,00026.7%
Edwards Street/ 11th Street21100%$34,009.50$19,83971.4%
16th Street/ Ash Street113266.7%$21,000$35,120-40.2%
Clear Lake Avenue/ 16th Street330%$20,000$28,500-29.8%
Cook Street/ 11th Street12-50%$20,000$22,500-11.1%

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