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Wednesday, November 27, 2024

Route 97/ 9th Street home prices fall in the second half of 2018

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The median sale price of a home sold in the second half of 2018 in Route 97/ 9th Street, a Springfield neighborhood, fell by $17,250 while total sales increased by 50%, according to BlockShopper.com.

From July through December of 2018, there were 24 homes sold, with a median sale price of $34,000 - a 33.7% decrease over the $51,250 median sale price for the same period of the previous year. There were 16 homes sold in Route 97/ 9th Street in the second half of 2017.

The median sales tax in Route 97/ 9th Street for the most recent year with available data, 2017, was $797, approximately 2.3% of the median home sale price for the second half of 2018.

The following table compares Route 97/ 9th Street 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)
Route 29/ Route 97392934.5%$52,000$47,00010.6%
Grandview3115106.7%$46,000$40,00015%
Stanford Avenue/ Fox Bridge Road4143-4.7%$42,400$62,500-32.2%
4th Street/ Cook Street2434-29.4%$41,000$43,000-4.7%
Edwards Street/ 11th Street24-50%$34,009.50$24,794.5037.2%
Route 97/ 9th Street241650%$34,000$51,250-33.7%
Cook Street/ Wheeler Avenue1214-14.3%$32,375$16,000102.3%
Ash Street/ Wirt Avenue2236-38.9%$32,000$27,70015.5%
16th Street/ Ash Street3032-6.3%$21,500$20,3005.9%
Clear Lake Avenue/ 16th Street1415-6.7%$16,500$15,00010%
Cook Street/ 11th Street912-25%$5,000$10,250-51.2%

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