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Saturday, December 7, 2019

Route 29/ Route 97 home prices fall in November 2018

Real Estate

By Local Labs News Service | Dec 7, 2018

Re 1

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:

Neighborhood
Nov. 2018 Home Sales
Nov. 2017 Home Sales
% change (Total Home Sales)
Nov. 2018 Median Sales Price
Nov. 2017 Median Sales Price
% change (Median Sales Price)
5th Street/ Griffiths Avenue
7
8
-12.5%
$75,000
$74,000
1.4%
College Street/ Lawrence Avenue
7
9
-22.2%
$74,000
$59,500
24.4%
Route 97/ Walnut Street
5
2
150%
$73,641
$37,054
98.7%
Route 97/ 9th Street
3
0
-
$64,900
$0
-
Grandview
3
2
50%
$48,000
$34,100
40.8%
Route 29/ Route 97
4
7
-42.9%
$45,500
$47,000
-3.2%
Ash Street/ Wirt Avenue
1
5
-80%
$38,000
$30,000
26.7%
Edwards Street/ 11th Street
2
1
100%
$34,009.50
$19,839
71.4%
16th Street/ Ash Street
11
3
266.7%
$21,000
$35,120
-40.2%
Clear Lake Avenue/ 16th Street
3
3
0%
$20,000
$28,500
-29.8%
Cook Street/ 11th Street
1
2
-50%
$20,000
$22,500
-11.1%

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