From January through June of 2017, there were eight homes sold, with a median sale price of $227,000 - a 7.3% decrease over the $244,900 median sale price for the same period of the previous year. There were three homes sold in Salem Woods in the first half of 2016.
The median sales tax in Salem Woods for the most recent year with available data, 2015, was $2,387, approximately 1.1% of the median home sale price for the first half of 2017.
The following table compares Salem Woods to other New Castle 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) |
|---|---|---|---|---|---|---|
| Fairfax | 3 | 8 | -62.5% | $235,000 | $268,500 | -12.5% |
| Hanbys Corner | 2 | 2 | 0% | $231,050 | $291,250 | -20.7% |
| Albertson Park | 1 | 2 | -50% | $229,900 | $210,000 | 9.5% |
| Christiana Green | 5 | 4 | 25% | $229,000 | $184,000 | 24.5% |
| Christiana Landing | 6 | 10 | -40% | $229,000 | $153,000 | 49.7% |
| Salem Woods | 8 | 3 | 166.7% | $227,000 | $244,900 | -7.3% |
| Arundel | 1 | 3 | -66.7% | $227,000 | $252,500 | -10.1% |
| Wood Mill | 2 | 3 | -33.3% | $225,500 | $264,900 | -14.9% |
| Rutherford | 1 | 5 | -80% | $225,000 | $140,000 | 60.7% |
| Oaktree Apartments | 1 | 0 | - | $225,000 | $0 | - |
| Evergreen Acres | 2 | 1 | 100% | $222,134.19 | $285,000 | -22.1% |
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