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Wednesday, November 27, 2024

Southern View home prices fall in 2018

Realestate2

The median sale price of a home sold in 2018 in Southern View, a Springfield neighborhood, fell by $9,673 while total sales decreased by 31.6%, according to BlockShopper.com.

From January through December of 2018, there were 26 homes sold, with a median sale price of $41,100 - a 19.1% decrease over the $50,773 median sale price for the previous year. There were 38 homes sold in Southern View in 2017.

The median sales tax in Southern View for the most recent year with available data, 2017, was $1,174, approximately 2.9% of the median home sale price for 2018.

The following table compares Southern View to other Springfield neighborhood with similar median sales prices in 2018:

NeighborhoodJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Route 97/ Walnut Street2829-3.4%$60,250$55,6008.4%
4th Street/ Cook Street5556-1.8%$55,000$45,95019.7%
Stanford Avenue/ Fox Bridge Road8186-5.8%$54,500$52,5003.8%
Arlington Heights4964-23.4%$52,000$41,597.5025%
Route 29/ Route 97756810.3%$45,000$41,7507.8%
Southern View2638-31.6%$41,100$50,772.90-19.1%
Grandview594434.1%$40,000$43,000-7%
Route 97/ 9th Street3139-20.5%$37,900$45,000-15.8%
Ash Street/ Wirt Avenue4761-23%$31,000$28,00010.7%
Cook Street/ Wheeler Avenue333010%$26,000$19,55033%
16th Street/ Ash Street57570%$25,000$21,00019%

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