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Monday, February 24, 2025

Village at Chestnut Ridge home prices rise in August 2018

Realestate3

The median sale price of a home sold in August 2018 in Village at Chestnut Ridge rose by $216,463 while total sales increased by 33.3%, according to BlockShopper.com.

In August 2018, there were four homes sold, with a median sale price of $336,463 - a 180.4% increase over the $120,000 median sale price for the same period of the previous year. There were three homes sold in Village at Chestnut Ridge in August 2017.

The median sales tax in Village at Chestnut Ridge for the most recent year with available data, 2015, was $70, approximately 0% of the median home sale price for August 2018.

The following table compares Village at Chestnut Ridge to other Kent County cities with similar median sales prices in August 2018:

CityAug. 2018 Home SalesAug. 2017 Home Sales% change (Total Home Sales)Aug. 2018 Median Sales PriceAug. 2017 Median Sales Price% change (Median Sales Price)
Hunters Ridge20-$402,500$0-
Rising Sun-Lebanon69-33.3%$359,950$202,00078.2%
Pennwood110%$355,000$275,00029.1%
Village at Chestnut Ridge4333.3%$336,462.50$120,000180.4%
Moores Lake Development31200%$333,300$175,00090.5%
Garrison Lake Green12-50%$305,500$247,50023.4%
Viola110%$300,000$101,250196.3%
Magnolia201353.8%$294,014.50$299,437-1.8%
Wind Song Farms10-$290,000$0-
Highland Acres4333.3%$273,000$220,00024.1%
Clayton302615.4%$271,750$201,75034.7%

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