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Thursday, October 17, 2024

Viola home prices fall 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 Viola fell by $15,950 while total sales increased by 150%, according to BlockShopper.com.

From April through June of 2019, there were five homes sold, with a median sale price of $179,000 - a 8.2% decrease over the $194,950 median sale price for the same period of the previous year. There were two homes sold in Viola in the second quarter of 2018.

The median sales tax in Viola for the most recent year with available data, 2015, was $670, approximately 0.4% of the median home sale price for the second quarter of 2019.

The following table compares Viola 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)
Kent Acres10911.1%$194,900$125,00055.9%
Felton Heights41300%$191,000$103,00085.4%
Riverview13130%$191,000$230,000-17%
Dover202249-18.9%$191,000$160,57019%
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%

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