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Friday, December 6, 2019

Leland Grove home prices rise in the second quarter of 2019

Real Estate

By Local Labs News Service | Jul 7, 2019

Re 2

The median sale price of a home sold in the second quarter of 2019 in Leland Grove, a Springfield neighborhood, rose by $18,500 while total sales decreased by 30.8%, according to BlockShopper.com.

From April through June of 2019, there were 18 homes sold, with a median sale price of $191,000 - a 10.7% increase over the $172,500 median sale price for the same period of the previous year. There were 26 homes sold in Leland Grove in the second quarter of 2018.

The median sales tax in Leland Grove for the most recent year with available data, 2017, was $3,948, approximately 2.1% of the median home sale price for the second quarter of 2019.

The following table compares Leland Grove to other Springfield neighborhood with similar median sales prices in the second quarter of 2019:

Neighborhood
Apr. - June 2019 Home Sales
Apr. - June 2018 Home Sales
% change (Total Home Sales)
Apr. - June 2019 Median Sales Price
Apr. - June 2018 Median Sales Price
% change (Median Sales Price)
Salisbury/ Farmingdale
78
68
14.7%
$217,075
$229,450
-5.4%
Leland Grove
18
26
-30.8%
$191,000
$172,500
10.7%
Woodside
38
36
5.6%
$186,700
$195,750
-4.6%
Route 4/ Greenbriar Drive
53
30
76.7%
$175,000
$189,750
-7.8%
Route 4/ Wabash Avenue
36
41
-12.2%
$162,250
$142,900
13.5%
Toronto/ University of Illinois at Springfield
29
30
-3.3%
$146,000
$124,000
17.7%
Mayden Road/ Dirkson Parkway
18
16
12.5%
$133,950
$138,400
-3.2%
Route 4/ Washington Street
56
36
55.6%
$133,450
$127,250
4.9%
College Street/ Ash Street
33
30
10%
$101,500
$86,875
16.8%
Lincoln Avenue/ Fayette Avenue
21
26
-19.2%
$100,000
$107,500
-7%
Glenwood Avenue/ Fayette Avenue
22
17
29.4%
$93,750
$88,500
5.9%

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