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Friday, December 27, 2024

Garrison Lake Green 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 Garrison Lake Green rose by $49,500 while total sales increased by 9.1%, according to BlockShopper.com.

From July through December of 2019, there were 12 homes sold, with a median sale price of $311,000 - a 18.9% increase over the $261,500 median sale price for the same period of the previous year. There were 11 homes sold in Garrison Lake Green in the second half of 2018.

The median sales tax in Garrison Lake Green for the most recent year with available data, 2015, was $1,213, approximately 0.4% of the median home sale price for the second half of 2019.

The following table compares Garrison Lake Green 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)
Bowers34-25%$345,000$179,50092.2%
Dogwood Meadows36-50%$323,653$288,50512.2%
Village at Chestnut Ridge2629-10.3%$317,634$331,529-4.2%
Garrison Lake Green12119.1%$311,000$261,50018.9%
Moores Lake Development46-33.3%$310,000$411,250-24.6%
Rising Sun-Lebanon403611.1%$309,650$287,4507.7%
Hickory Ridge38-62.5%$305,000$262,00016.4%
Brenford6520%$305,000$285,0007%
Magnolia98105-6.7%$301,028$289,9003.8%
Brookfield23-33.3%$293,000$281,0004.3%
Wind Song Farms63100%$290,664.50$295,000-1.5%

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