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Wednesday, November 27, 2024

Route 4/ Greenbriar Drive home prices fall in the second half of 2018

Realestate4

The median sale price of a home sold in the second half of 2018 in Route 4/ Greenbriar Drive, a Springfield neighborhood, fell by $15,050 while total sales decreased by 25%, according to BlockShopper.com.

From July through December of 2018, there were 57 homes sold, with a median sale price of $162,200 - a 8.5% decrease over the $177,250 median sale price for the same period of the previous year. There were 76 homes sold in Route 4/ Greenbriar Drive in the second half of 2017.

The median sales tax in Route 4/ Greenbriar Drive for the most recent year with available data, 2017, was $4,189, approximately 2.6% of the median home sale price for the second half of 2018.

The following table compares Route 4/ Greenbriar Drive to other Springfield neighborhood with similar median sales prices in the second half of 2018:

NeighborhoodJuly - Dec. 2018 Home SalesJuly - Dec. 2017 Home Sales% change (Total Home Sales)July - Dec. 2018 Median Sales PriceJuly - Dec. 2017 Median Sales Price% change (Median Sales Price)
Salisbury/ Farmingdale14211226.8%$190,000$222,750-14.7%
Woodside4768-30.9%$180,000$188,750-4.6%
Leland Grove3139-20.5%$169,900$203,000-16.3%
Route 4/ Greenbriar Drive5776-25%$162,200$177,250-8.5%
Route 4/ Wabash Avenue5155-7.3%$137,000$142,500-3.9%
Toronto/ University of Illinois at Springfield5557-3.5%$135,000$147,500-8.5%
Route 4/ Washington Street8387-4.6%$133,000$130,0002.3%
Mayden Road/ Dirkson Parkway1831-41.9%$123,500$131,500-6.1%
Glenwood Avenue/ Fayette Avenue453721.6%$107,100$98,5008.7%
Devereux Heights231827.8%$99,500$110,000-9.5%
Lincoln Avenue/ Fayette Avenue39382.6%$91,000$98,575-7.7%

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