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Wednesday, October 16, 2024

Garrison Lake Green 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 Garrison Lake Green rose by $36,200 while total sales decreased by 50%, according to BlockShopper.com.

From April through June of 2019, there were two homes sold, with a median sale price of $299,950 - a 13.7% increase over the $263,750 median sale price for the same period of the previous year. There were four homes sold in Garrison Lake Green in the second quarter of 2018.

The median sales tax in Garrison Lake Green for the most recent year with available data, 2015, was $1,213, approximately 0.4% of the median home sale price for the second quarter of 2019.

The following table compares Garrison Lake Green 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)
Hunters Ridge10-$360,000$0-
Dogwood Meadows550%$347,500$280,80023.8%
Cheswold Farms330%$315,000$250,00026%
Voshell Mill21100%$312,450$166,00088.2%
Magnolia4252-19.2%$305,100$255,65419.3%
Garrison Lake Green24-50%$299,950$263,75013.7%
Rising Sun-Lebanon211723.5%$298,000$264,92012.5%
Village at Chestnut Ridge729-75.9%$295,000$299,000-1.3%
Brenford15-80%$293,000$234,90024.7%
Hammville110%$287,000$79,800259.6%
Pennwood110%$285,000$445,000-36%

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