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Sunday, February 23, 2025

Village at Chestnut Ridge home prices rise in the third quarter of 2018

Realestate5

The median sale price of a home sold in the third quarter of 2018 in Village at Chestnut Ridge rose by $65,902 while total sales increased by 116.7%, according to BlockShopper.com.

From July through September of 2018, there were 13 homes sold, with a median sale price of $332,044 - a 24.8% increase over the $266,143 median sale price for the same period of the previous year. There were six homes sold in Village at Chestnut Ridge in the third quarter of 2017.

The median sales tax in Village at Chestnut Ridge for the most recent year with available data, 2015, was $70, approximately 0% of the median home sale price for the third quarter of 2018.

The following table compares Village at Chestnut Ridge to other Kent County cities with similar median sales prices in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Hunters Ridge220%$402,500$287,50040%
Moores Lake Development42100%$401,650$203,00097.9%
Pennwood12-50%$355,000$260,00036.5%
Village at Chestnut Ridge136116.7%$332,044$266,142.5024.8%
Wind Song Farms21100%$324,790$336,381-3.4%
Voshell Mill14-75%$322,000$322,500-0.2%
Dogwood Meadows34-25%$300,000$290,9393.1%
Cheswold Farms21100%$299,000$275,0008.7%
Rising Sun-Lebanon2224-8.3%$293,500$237,00023.8%
Magnolia564330.2%$289,900$300,000-3.4%
Brenford440%$285,000$232,50022.6%

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