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Thursday, October 17, 2024

Viola 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 Viola fell by $1,000 while total sales increased by 40%, according to BlockShopper.com.

From January through June of 2019, there were seven homes sold, with a median sale price of $179,000 - a 0.6% decrease over the $180,000 median sale price for the same period of the previous year. There were five homes sold in Viola in the first half of 2018.

The median sales tax in Viola for the most recent year with available data, 2015, was $670, approximately 0.4% of the median home sale price for the first half of 2019.

The following table compares Viola 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)
Hudson Trails24-50%$195,000$135,174.5044.3%
Eagles Nest13-66.7%$191,634$250,000-23.3%
Riverview1721-19%$191,000$235,000-18.7%
Dover383472-18.9%$185,000$160,55515.2%
Felton Heights84100%$182,500$212,400-14.1%
Viola7540%$179,000$180,000-0.6%
Marydel8714.3%$178,500$102,00075%
Brookdale Heights45-20%$177,500$205,000-13.4%
Wyoming211540%$175,000$180,000-2.8%
Smyrna Landing10-$168,000$0-
Spruance City1015-33.3%$167,350$193,000-13.3%

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