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Thursday, October 17, 2024

Ryans Run 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 Ryans Run fell by $24,250 while total sales increased by 100%, according to BlockShopper.com.

From January through June of 2019, there were eight homes sold, with a median sale price of $227,500 - a 9.6% decrease over the $251,750 median sale price for the same period of the previous year. There were four homes sold in Ryans Run in the first half of 2018.

The median sales tax in Ryans Run for the most recent year with available data, 2015, was $1,160, approximately 0.5% of the median home sale price for the first half of 2019.

The following table compares Ryans Run 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)
Woodfield510-50%$233,000$193,00020.7%
Hidden Acres31200%$233,000$230,0001.3%
Highland Acres24229.1%$232,450$178,25930.4%
Church Creek83166.7%$231,750$174,10533.1%
Felton90103-12.6%$229,507.50$216,0006.3%
Ryans Run84100%$227,500$251,750-9.6%
John Char Estates42100%$225,275$169,00033.3%
Chimney Hill710-30%$220,000$201,9508.9%
Wynn Wood45-20%$212,500$183,50015.8%
Camden1929-34.5%$208,000$168,00023.8%
Smyrna187232-19.4%$207,460$207,0000.2%

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