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Sunday, April 20, 2025

Brandywine Springs home prices fall in the second quarter of 2017

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The median sale price of a home sold in the second quarter of 2017 in Brandywine Springs fell by $221,763 while total sales increased by 300%, according to BlockShopper.com.

From April through June of 2017, there were eight homes sold, with a median sale price of $3,238 - a 98.6% decrease over the $225,000 median sale price for the same period of the previous year. There were two homes sold in Brandywine Springs in the second quarter of 2016.

The median sales tax in Brandywine Springs for the most recent year with available data, 2015, was $1,710, approximately 52.8% of the median home sale price for the second quarter of 2017.

The following table compares Brandywine Springs to other New Castle County cities with similar median sales prices in the second quarter of 2017:

CityApr. - June 2017 Home SalesApr. - June 2016 Home Sales% change (Total Home Sales)Apr. - June 2017 Median Sales PriceApr. - June 2016 Median Sales Price% change (Median Sales Price)
Newport110%$68,500$141,000-51.4%
Pencader Village220%$64,000$85,750-25.4%
Oakmont220%$63,350$131,450-51.8%
Latimer Estates12-50%$59,000$97,500-39.5%
Lindamere12-50%$42,000$192,193-78.1%
Dunleith9728.6%$41,000$110,000-62.7%
Fredericks Addition12-50%$41,000$141,275-71%
Westview21100%$35,750$143,900-75.2%
Garfield Park15-80%$20,500$68,000-69.9%
Hamilton Park10-$16,000$0-
Brandywine Springs82300%$3,237.50$225,000-98.6%

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