Capitol Park home prices fall in the first quarter of 2019

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The median sale price of a home sold in the first quarter of 2019 in Capitol Park fell by $60,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From January through March of 2019, there were three homes sold, with a median sale price of $5,000 – a 92.3% decrease over the $65,000 median sale price for the same period of the previous year. There were three homes sold in Capitol Park in the first quarter of 2018, as well.

The median sales tax in Capitol Park for the most recent year with available data, 2015, was $803, approximately 16.1% of the median home sale price for the first quarter of 2019.

The following table compares Capitol Park to other Kent County cities with similar median sales prices in the first quarter of 2019:

City Jan. – Mar. 2019 Home Sales Jan. – Mar. 2018 Home Sales % change (Total Home Sales) Jan. – Mar. 2019 Median Sales Price Jan. – Mar. 2018 Median Sales Price % change (Median Sales Price)
Misty Pines 2 1 100% $128,271 $230,000 -44.2%
Bishops Corner 1 0 $110,000 $0
Kenton 3 1 200% $86,000 $40,000 115%
South Bowers 1 2 -50% $85,000 $140,000 -39.3%
Pine Ridge 2 1 100% $76,500 $8,800 769.3%
Star Hill 1 1 0% $55,750 $159,900 -65.1%
Voshell Cove 3 0 $55,000 $0
Little Creek 1 2 -50% $50,000 $50,658.50 -1.3%
Leipsic 2 2 0% $41,570 $116,116 -64.2%
Woodland Beach 1 3 -66.7% $15,000 $17,000 -11.8%
Capitol Park 3 3 0% $5,000 $65,000 -92.3%


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