Route 4/ Greenbriar Drive home prices fall in the second quarter of 2020

Medium realestate4

The median sale price of a home sold in the second quarter of 2020 in Route 4/ Greenbriar Drive, a Springfield neighborhood, fell by $7,500 while total sales decreased by 69.8%, according to

From April through June of 2020, there were 16 homes sold, with a median sale price of $167,500 - a 4.3% decrease over the $175,000 median sale price for the same period of the previous year. There were 53 homes sold in Route 4/ Greenbriar Drive in the second quarter of 2019.

The median sales tax in Route 4/ Greenbriar Drive for the most recent year with available data, 2018, was $4,527, approximately 2.7% of the median home sale price for the second quarter of 2020.

The following table compares Route 4/ Greenbriar Drive to other Springfield neighborhood with similar median sales prices in the second quarter of 2020:

NeighborhoodApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Salisbury/ Farmingdale5378-32.1%$249,000$217,07514.7%
Leland Grove818-55.6%$229,500$191,00020.2%
Route 4/ Greenbriar Drive1653-69.8%$167,500$175,000-4.3%
Toronto/ University of Illinois at Springfield1729-41.4%$159,000$146,0008.9%
Route 4/ Wabash Avenue2536-30.6%$146,000$162,250-10%
Route 4/ Washington Street2256-60.7%$138,850$133,4504%
Mayden Road/ Dirkson Parkway1118-38.9%$137,000$133,9502.3%
College Street/ Ash Street1933-42.4%$96,000$101,500-5.4%
Stanton Street/ Stevenson Drive936-75%$90,500$90,079.710.5%
Lincoln Avenue/ Fayette Avenue921-57.1%$87,500$100,000-12.5%

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