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Thursday, December 26, 2024

Misty Pines home prices rise in the second half of 2019

Realestate3

Adobe Stock

Adobe Stock

The median sale price of a home sold in the second half of 2019 in Misty Pines rose by $66,500 while total sales increased by 100%, according to BlockShopper.com.

From July through December of 2019, there were four homes sold, with a median sale price of $235,000 - a 39.5% increase over the $168,500 median sale price for the same period of the previous year. There were two homes sold in Misty Pines in the second half of 2018.

The median sales tax in Misty Pines for the most recent year with available data, 2015, was $255, approximately 0.1% of the median home sale price for the second half of 2019.

The following table compares Misty Pines 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)
Big Oak Corners21100%$248,000$254,900-2.7%
Planters Woods5366.7%$247,500$247,0000.2%
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%

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