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Sunday, April 20, 2025

Frederica home prices fall in the second quarter of 2017

Realestate077

The median sale price of a home sold in the second quarter of 2017 in Frederica fell by $31,600 while total sales increased by 11.1%, according to BlockShopper.com.

From April through June of 2017, there were 20 homes sold, with a median sale price of $92,400 - a 25.5% decrease over the $124,000 median sale price for the same period of the previous year. There were 18 homes sold in Frederica in the second quarter of 2016.

The median sales tax in Frederica for the most recent year with available data, 2015, was $12, approximately 0% of the median home sale price for the second quarter of 2017.

The following table compares Frederica to other Kent County cities with similar median sales prices in the second quarter of 2017:

CityApr. - June 2017 Home SalesApr. - June 2016 Home Sales% change (Total Home Sales)Apr. - June 2017 Median Sales PriceApr. - June 2016 Median Sales Price% change (Median Sales Price)
Pine Ridge220%$131,750$72,74281.1%
Harrington4044-9.1%$115,250$153,950-25.1%
Smyrna Landing21100%$110,000$18,000511.1%
Marydel35-40%$94,000$260,000-63.8%
Houston13862.5%$93,451$98,325-5%
Frederica201811.1%$92,400$124,000-25.5%
Woods Haven12-50%$81,250$197,250-58.8%
Milford372454.2%$80,000$159,000-49.7%
Rodney Village330%$78,500$70,50011.3%
Woodland Beach110%$59,925$125,000-52.1%
Hammville110%$40,500$146,000-72.3%

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