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Saturday, April 19, 2025

Holloway Terrace home prices fall in the first quarter of 2017

Realestate1

The median sale price of a home sold in the first quarter of 2017 in Holloway Terrace fell by $5,000 while total sales decreased by 40%, according to BlockShopper.com.

From January through March of 2017, there were three homes sold, with a median sale price of $60,000 - a 7.7% decrease over the $65,000 median sale price for the same period of the previous year. There were five homes sold in Holloway Terrace in the first quarter of 2016.

The median sales tax in Holloway Terrace for the most recent year with available data, 2015, was $633, approximately 1.1% of the median home sale price for the first quarter of 2017.

The following table compares Holloway Terrace to other New Castle County cities with similar median sales prices in the first quarter of 2017:

CityJan. - Mar. 2017 Home SalesJan. - Mar. 2016 Home Sales% change (Total Home Sales)Jan. - Mar. 2017 Median Sales PriceJan. - Mar. 2016 Median Sales Price% change (Median Sales Price)
Hamilton Park110%$75,000$40,00087.5%
Delaware City550%$75,000$194,900-61.5%
Cleland Heights8560%$71,690$103,536.68-30.8%
Oakmont10-$70,516$0-
Garfield Park13-66.7%$68,846$141,900-51.5%
Holloway Terrace35-40%$60,000$65,000-7.7%
Odessa12-50%$55,000$147,500-62.7%
Dunleith31200%$52,000$34,00052.9%
Mayview Manor220%$50,000$49,0002%
Fairfax14-75%$3,187.50$256,500-98.8%
Overview Gardens15-80%$1,215$108,000-98.9%

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