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Thursday, December 26, 2024

Chimney Hill home prices rise in the second half of 2019

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The median sale price of a home sold in the second half of 2019 in Chimney Hill rose by $15,450 while total sales decreased by 53.8%, according to BlockShopper.com.

From July through December of 2019, there were six homes sold, with a median sale price of $227,450 - a 7.3% increase over the $212,000 median sale price for the same period of the previous year. There were 13 homes sold in Chimney Hill in the second half of 2018.

The median sales tax in Chimney Hill for the most recent year with available data, 2015, was $1,162, approximately 0.5% of the median home sale price for the second half of 2019.

The following table compares Chimney Hill to other Kent County cities with similar median sales prices in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Woodfield45-20%$238,500$227,0005.1%
Misty Pines42100%$235,000$168,50039.5%
Cedarbrook Acres1113-15.4%$232,000$221,6494.7%
Lakeshore Village28-75%$229,527.50$241,000-4.8%
Viola6450%$227,500$227,0000.2%
Chimney Hill613-53.8%$227,450$212,0007.3%
Voshell Mill41300%$226,738$322,000-29.6%
Foxhall Courtside91800%$226,000$161,35640.1%
Hammville35-40%$226,000$269,000-16%
Highland Acres363116.1%$226,000$229,900-1.7%
Felton1221165.2%$225,000$202,50011.1%

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