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Tuesday, December 24, 2024

Lakeshore Village home prices fall 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 Lakeshore Village fell by $11,473 while total sales decreased by 75%, according to BlockShopper.com.

From July through December of 2019, there were two homes sold, with a median sale price of $229,528 - a 4.8% decrease over the $241,000 median sale price for the same period of the previous year. There were eight homes sold in Lakeshore Village in the second half of 2018.

The median sales tax in Lakeshore Village for the most recent year with available data, 2015, was $1,457, approximately 0.6% of the median home sale price for the second half of 2019.

The following table compares Lakeshore Village 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)
Eagles Nest84100%$246,500$234,5005.1%
John Char Estates13-66.7%$240,000$219,0009.6%
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%

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