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Thursday, November 28, 2024

Briar Hill home prices fall in the second quarter of 2019

Realestate2

The median sale price of a home sold in the second quarter of 2019 in Briar Hill fell by $25,700 while total sales increased by 200%, according to BlockShopper.com.

From April through June of 2019, there were six homes sold, with a median sale price of $124,750 - a 17.1% decrease over the $150,450 median sale price for the same period of the previous year. There were two homes sold in Briar Hill in the second quarter of 2018.

The median sales tax in Briar Hill for the most recent year with available data, 2017, was $2,873, approximately 2.3% of the median home sale price for the second quarter of 2019.

The following table compares Briar Hill to other St. Clair County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Swansea71710%$178,650$171,4994.2%
Freeburg1627-40.7%$175,000$178,500-2%
Lebanon262313%$157,500$148,0006.4%
Summerfield10-$150,000$0-
St. Libory52150%$130,000$199,000-34.7%
Briar Hill62200%$124,750$150,450-17.1%
Collinsville2311109.1%$121,500$125,000-2.8%
Fairview Heights96109-11.9%$119,000$119,0000%
Belleville308398-22.6%$103,675$105,000-1.3%
Oak Hills23-33.3%$93,000$40,000132.5%
Caseyville342536%$89,950$85,0005.8%

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