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Tuesday, November 5, 2024

Route 29/ Route 97 home prices rise in February 2019

Re 7

The median sale price of a home sold in February 2019 in Route 29/ Route 97, a Springfield neighborhood, rose by $28,750 while total sales decreased by 50%, according to BlockShopper.com.

In February 2019, there were two homes sold, with a median sale price of $45,500 - a 171.6% increase over the $16,750 median sale price for the same period of the previous year. There were four homes sold in Route 29/ Route 97 in February 2018.

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 February 2019.

The following table compares Route 29/ Route 97 to other Springfield neighborhood with similar median sales prices in February 2019:

NeighborhoodFeb. 2019 Home SalesFeb. 2018 Home Sales% change (Total Home Sales)Feb. 2019 Median Sales PriceFeb. 2018 Median Sales Price% change (Median Sales Price)
Stanford Avenue/ Fox Bridge Road82300%$69,695$68,626.501.6%
Stanton Street/ Stevenson Drive26-66.7%$65,500$90,000-27.2%
Glenwood Avenue/ Fayette Avenue220%$65,000$73,287-11.3%
Grandview770%$60,000$33,00081.8%
Cook Street/ 11th Street20-$45,750$0-
Route 29/ Route 9724-50%$45,500$16,750171.6%
5th Street/ Griffiths Avenue34-25%$43,800$80,374-45.5%
Southern View110%$41,050$25,02564%
Route 97/ Walnut Street3250%$30,000$49,436-39.3%
Cook Street/ Wheeler Avenue49-55.6%$28,500$21,00035.7%
College Street/ Lawrence Avenue42100%$22,252.50$58,475-61.9%

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