From January through June of 2017, there were six homes sold, with a median sale price of $150,250 - a 44.5% increase over the $104,000 median sale price for the same period of the previous year. There were six homes sold in Banks Acres in the first half of 2016, as well.
The following table compares Banks Acres to other Sussex County cities with similar median sales prices in the first half of 2017:
City | Jan. - June 2017 Home Sales | Jan. - June 2016 Home Sales | % change (Total Home Sales) | Jan. - June 2017 Median Sales Price | Jan. - June 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Foxfire Meadow | 11 | 5 | 120% | $175,000 | $235,000 | -25.5% |
Eastman Heights | 6 | 1 | 500% | $174,950 | $125,900 | 39% |
Orchard Manor | 3 | 2 | 50% | $161,500 | $47,250 | 241.8% |
Milford | 38 | 43 | -11.6% | $160,750 | $157,000 | 2.4% |
Collins and Russell Development | 4 | 2 | 100% | $155,950 | $69,500 | 124.4% |
Banks Acres | 6 | 6 | 0% | $150,250 | $104,000 | 44.5% |
Country Estates | 15 | 14 | 7.1% | $150,000 | $145,500 | 3.1% |
Milton | 38 | 17 | 123.5% | $147,500 | $80,500 | 83.2% |
Banksville Park | 3 | 2 | 50% | $145,000 | $54,250 | 167.3% |
Wisseman Acres | 2 | 1 | 100% | $142,500 | $163,000 | -12.6% |
Laurel Creek | 4 | 4 | 0% | $141,500 | $126,250 | 12.1% |
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