From January through December of 2019, there were four homes sold, with a median sale price of $310,000 - a 9.9% decrease over the $344,150 median sale price for the previous year. There were eight homes sold in Moores Lake Development in 2018.
The median sales tax in Moores Lake Development for the most recent year with available data, 2015, was $1,302, approximately 0.4% of the median home sale price for 2019.
The following table compares Moores Lake Development to other Kent County cities with similar median sales prices in 2019:
| City | Jan. - Dec. 2019 Home Sales | Jan. - Dec. 2018 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2019 Median Sales Price | Jan. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Voshell Mill | 8 | 4 | 100% | $327,000 | $206,450 | 58.4% |
| Dogwood Meadows | 9 | 13 | -30.8% | $323,653 | $280,800 | 15.3% |
| Cheswold Farms | 5 | 7 | -28.6% | $315,000 | $265,900 | 18.5% |
| Village at Chestnut Ridge | 43 | 74 | -41.9% | $313,432 | $301,694 | 3.9% |
| Quails Nest | 4 | 8 | -50% | $312,500 | $288,550 | 8.3% |
| Moores Lake Development | 4 | 8 | -50% | $310,000 | $344,150 | -9.9% |
| Brenford | 7 | 12 | -41.7% | $305,000 | $276,500 | 10.3% |
| Hickory Ridge | 7 | 10 | -30% | $305,000 | $267,450 | 14% |
| Magnolia | 178 | 191 | -6.8% | $300,308.50 | $280,000 | 7.3% |
| Rising Sun-Lebanon | 81 | 68 | 19.1% | $299,555 | $282,650 | 6% |
| Brookfield | 2 | 11 | -81.8% | $293,000 | $2,661 | 10910.9% |
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