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Thursday, October 17, 2024

Cedarbrook Acres home prices rise in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Cedarbrook Acres rose by $5,000 while total sales decreased by 40%, according to BlockShopper.com.

From April through June of 2019, there were three homes sold, with a median sale price of $175,000 - a 2.9% increase over the $170,000 median sale price for the same period of the previous year. There were five homes sold in Cedarbrook Acres in the second quarter of 2018.

The median sales tax in Cedarbrook Acres for the most recent year with available data, 2015, was $881, approximately 0.5% of the median home sale price for the second quarter of 2019.

The following table compares Cedarbrook Acres to other Kent 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)
Marydel45-20%$182,450$115,20058.4%
Viola52150%$179,000$194,950-8.2%
Milford312334.8%$178,500$122,00046.3%
Brookdale Heights24-50%$177,500$224,000-20.8%
Cheswold3250%$175,500$173,074.501.4%
Cedarbrook Acres35-40%$175,000$170,0002.9%
Wyoming12119.1%$174,000$185,000-5.9%
Smyrna Landing10-$168,000$0-
Harrington4045-11.1%$162,200$144,00012.6%
Pine Ridge440%$158,450$114,666.5038.2%
Spruance City56-16.7%$146,272$196,500-25.6%

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