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Thursday, October 17, 2024

Misty Pines home prices fall in the first half of 2019

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The median sale price of a home sold in the first half of 2019 in Misty Pines fell by $94,600 while total sales increased by 50%, according to BlockShopper.com.

From January through June of 2019, there were three homes sold, with a median sale price of $131,400 - a 41.9% decrease over the $226,000 median sale price for the same period of the previous year. There were two homes sold in Misty Pines in the first half of 2018.

The median sales tax in Misty Pines for the most recent year with available data, 2015, was $255, approximately 0.2% of the median home sale price for the first half of 2019.

The following table compares Misty Pines to other Kent County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Hall Estates110%$138,000$153,862-10.3%
Summerfield Village12-50%$135,000$163,000-17.2%
Houston15147.1%$135,000$112,50020%
Star Hill Village25-60%$134,500$159,900-15.9%
Hartly241833.3%$133,000$191,607.50-30.6%
Misty Pines3250%$131,400$226,000-41.9%
Bishops Corner12-50%$110,000$286,495-61.6%
Voshell Cove440%$97,276$114,450-15%
Star Hill4333.3%$92,000$159,900-42.5%
Kenton73133.3%$86,000$70,00022.9%
South Bowers27-71.4%$81,000$132,000-38.6%

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