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Thursday, December 26, 2024

Bowers home prices rise in the second half of 2019

Realestate5

The median sale price of a home sold in the second half of 2019 in Bowers rose by $165,500 while total sales decreased by 25%, according to BlockShopper.com.

From July through December of 2019, there were three homes sold, with a median sale price of $345,000 - a 92.2% increase over the $179,500 median sale price for the same period of the previous year. There were four homes sold in Bowers in the second half of 2018.

The median sales tax in Bowers for the most recent year with available data, 2015, was $233, approximately 0.1% of the median home sale price for the second half of 2019.

The following table compares Bowers 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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