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Wednesday, October 16, 2024

Highland Acres home prices rise in the first half of 2019

Realestate1

The median sale price of a home sold in the first half of 2019 in Highland Acres rose by $54,191 while total sales increased by 9.1%, according to BlockShopper.com.

From January through June of 2019, there were 24 homes sold, with a median sale price of $232,450 - a 30.4% increase over the $178,259 median sale price for the same period of the previous year. There were 22 homes sold in Highland Acres in the first half of 2018.

The median sales tax in Highland Acres for the most recent year with available data, 2015, was $1,107, approximately 0.5% of the median home sale price for the first half of 2019.

The following table compares Highland Acres 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)
Pennwood330%$250,000$234,0006.8%
Bay View Heights24-50%$249,000$187,50032.8%
Planters Woods42100%$234,250$260,000-9.9%
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%

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