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Wednesday, December 25, 2024

Village at Chestnut Ridge home prices fall in the fourth quarter of 2019

Realestate3

Adobe Stock

Adobe Stock

The median sale price of a home sold in the fourth quarter of 2019 in Village at Chestnut Ridge fell by $159,596 while total sales decreased by 25%, according to BlockShopper.com.

From October through December of 2019, there were 12 homes sold, with a median sale price of $165,981 - a 49% decrease over the $325,577 median sale price for the same period of the previous year. There were 16 homes sold in Village at Chestnut Ridge in the fourth quarter of 2018.

The median sales tax in Village at Chestnut Ridge for the most recent year with available data, 2015, was $70, approximately 0% of the median home sale price for the fourth quarter of 2019.

The following table compares Village at Chestnut Ridge to other Kent County cities with similar median sales prices in the fourth quarter of 2019:

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Carlisle Village67-14.3%$179,950$184,000-2.2%
Cedarbrook Acres46-33.3%$175,327$190,325-7.9%
Bishops Corner14-75%$175,000$237,500-26.3%
Kent Acres11683.3%$170,000$148,50014.5%
Bay View Heights110%$169,000$60,000181.7%
Village at Chestnut Ridge1216-25%$165,981$325,577-49%
Woodside10-$165,000$0-
Felton Heights5425%$164,900$161,831.501.9%
Woodside East78-12.5%$161,900$181,765-10.9%
Harrington46429.5%$158,950$150,0006%
Smyrna Landing20-$155,500$0-

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