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Monday, December 9, 2019

Grandview home prices rise in the first quarter of 2019

Real Estate

By Local Labs News Service | Apr 7, 2019

Re 8

The median sale price of a home sold in the first quarter of 2019 in Grandview, a Springfield neighborhood, rose by $3,000 while total sales decreased by 12.5%, according to BlockShopper.com.

From January through March of 2019, there were 14 homes sold, with a median sale price of $38,750 - a 8.4% increase over the $35,750 median sale price for the same period of the previous year. There were 16 homes sold in Grandview in the first quarter of 2018.

The median sales tax in Grandview for the most recent year with available data, 2017, was $986, approximately 2.5% of the median home sale price for the first quarter of 2019.

The following table compares Grandview to other Springfield neighborhood with similar median sales prices in the first quarter of 2019:

Neighborhood
Jan. - Mar. 2019 Home Sales
Jan. - Mar. 2018 Home Sales
% change (Total Home Sales)
Jan. - Mar. 2019 Median Sales Price
Jan. - Mar. 2018 Median Sales Price
% change (Median Sales Price)
4th Street/ Cook Street
16
15
6.7%
$55,200
$67,500
-18.2%
Route 29/ Route 97
10
15
-33.3%
$54,700
$33,500
63.3%
Route 97/ 9th Street
4
3
33.3%
$50,975
$60,000
-15%
Stanford Avenue/ Fox Bridge Road
24
14
71.4%
$50,470.26
$65,187
-22.6%
Cook Street/ 11th Street
2
3
-33.3%
$45,750
$16,000
185.9%
Grandview
14
16
-12.5%
$38,750
$35,750
8.4%
5th Street/ Griffiths Avenue
13
13
0%
$36,500
$66,748
-45.3%
Cook Street/ Wheeler Avenue
10
13
-23.1%
$29,000
$21,000
38.1%
College Street/ Lawrence Avenue
14
4
250%
$27,500
$58,475
-53%
16th Street/ Ash Street
12
13
-7.7%
$16,000
$29,000
-44.8%
Ash Street/ Wirt Avenue
11
12
-8.3%
$15,000
$42,784.86
-64.9%

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