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Thursday, October 17, 2024

Lakeshore Village home prices fall in the second quarter of 2019

Realestate4

The median sale price of a home sold in the second quarter of 2019 in Lakeshore Village fell by $5,000 while total sales increased by 200%, according to BlockShopper.com.

From April through June of 2019, there were six homes sold, with a median sale price of $252,000 - a 1.9% decrease over the $257,000 median sale price for the same period of the previous year. There were two homes sold in Lakeshore Village in the second quarter of 2018.

The median sales tax in Lakeshore Village for the most recent year with available data, 2015, was $1,457, approximately 0.6% of the median home sale price for the second quarter of 2019.

The following table compares Lakeshore Village 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)
Hammville110%$287,000$79,800259.6%
Pennwood110%$285,000$445,000-36%
Highland Acres1213-7.7%$282,332.50$188,27250%
Wind Song Farms12-50%$277,764$315,488.50-12%
Clayton4464-31.3%$277,450$221,50025.3%
Lakeshore Village62200%$252,000$257,000-1.9%
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%

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