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Wednesday, January 22, 2020

Southern View home prices rise in the first half of 2019

Real Estate

By Local Labs News Service | Jul 7, 2019

Re 11

The median sale price of a home sold in the first half of 2019 in Southern View, a Springfield neighborhood, rose by $23,000 while total sales decreased by 23.1%, according to BlockShopper.com.

From January through June of 2019, there were 10 homes sold, with a median sale price of $55,500 - a 70.8% increase over the $32,500 median sale price for the same period of the previous year. There were 13 homes sold in Southern View in the first half of 2018.

The median sales tax in Southern View for the most recent year with available data, 2017, was $1,174, approximately 2.1% of the median home sale price for the first half of 2019.

The following table compares Southern View to other Springfield neighborhood with similar median sales prices in the first half of 2019:

Neighborhood
Jan. - June 2019 Home Sales
Jan. - June 2018 Home Sales
% change (Total Home Sales)
Jan. - June 2019 Median Sales Price
Jan. - June 2018 Median Sales Price
% change (Median Sales Price)
Route 4/ Route 97
47
54
-13%
$74,900
$85,950
-12.9%
Route 54/ Sangamon Ave.
94
86
9.3%
$73,250
$70,000
4.6%
Jerome
40
47
-14.9%
$65,393
$70,000
-6.6%
College Street/ Lawrence Avenue
39
27
44.4%
$59,500
$53,000
12.3%
4th Street/ Cook Street
26
31
-16.1%
$55,700
$62,000
-10.2%
Southern View
10
13
-23.1%
$55,500
$32,500
70.8%
Arlington Heights
24
28
-14.3%
$53,500
$51,750
3.4%
Stanford Avenue/ Fox Bridge Road
41
40
2.5%
$53,440.51
$57,378.50
-6.9%
Route 97/ Walnut Street
16
11
45.5%
$52,250
$50,000
4.5%
Edwards Street/ 11th Street
2
4
-50%
$51,200
$4,700
989.4%
Route 97/ 9th Street
6
7
-14.3%
$50,025
$45,000
11.2%

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