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Thursday, October 17, 2024

Hickory Ridge 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 Hickory Ridge fell by $8,950 while total sales increased by 100%, according to BlockShopper.com.

From January through June of 2019, there were four homes sold, with a median sale price of $272,500 - a 3.2% decrease over the $281,450 median sale price for the same period of the previous year. There were two homes sold in Hickory Ridge in the first half of 2018.

The median sales tax in Hickory Ridge for the most recent year with available data, 2015, was $1,977, approximately 0.7% of the median home sale price for the first half of 2019.

The following table compares Hickory Ridge 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)
Brenford17-85.7%$293,000$235,00024.7%
Hammville14-75%$287,000$246,54916.4%
Rising Sun-Lebanon413228.1%$278,595$277,7000.3%
Garrison Lake Green10911.1%$276,400$245,00012.8%
Clayton97109-11%$276,000$223,90023.3%
Hickory Ridge42100%$272,500$281,450-3.2%
Lakeshore Village83166.7%$252,000$250,0000.8%
Lucky Estates17-85.7%$250,000$130,00092.3%
Pennwood330%$250,000$234,0006.8%
Bay View Heights24-50%$249,000$187,50032.8%
Planters Woods42100%$234,250$260,000-9.9%

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