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Thursday, October 17, 2024

Ryans Run 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 Ryans Run fell by $19,250 while total sales increased by 100%, according to BlockShopper.com.

From April through June of 2019, there were four homes sold, with a median sale price of $232,500 - a 7.6% decrease over the $251,750 median sale price for the same period of the previous year. There were two homes sold in Ryans Run in the second quarter of 2018.

The median sales tax in Ryans Run for the most recent year with available data, 2015, was $1,160, approximately 0.5% of the median home sale price for the second quarter of 2019.

The following table compares Ryans Run 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)
Lucky Estates14-75%$250,000$132,50088.7%
Misty Pines110%$250,000$222,00012.6%
Bay View Heights23-33.3%$249,000$150,00066%
Planters Woods3250%$243,500$260,000-6.3%
Woodfield57-28.6%$233,000$204,00014.2%
Ryans Run42100%$232,500$251,750-7.6%
Church Creek4333.3%$231,750$174,10533.1%
John Char Estates42100%$225,275$169,00033.3%
Carlisle Village12-50%$220,000$186,95017.7%
Felton4462-29%$212,644$216,588.50-1.8%
Chimney Hill45-20%$212,500$199,0006.8%

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