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Thursday, December 26, 2024

Cedarbrook Acres home prices fall in the fourth quarter of 2019

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The median sale price of a home sold in the fourth quarter of 2019 in Cedarbrook Acres fell by $14,998 while total sales decreased by 33.3%, according to BlockShopper.com.

From October through December of 2019, there were four homes sold, with a median sale price of $175,327 - a 7.9% decrease over the $190,325 median sale price for the same period of the previous year. There were six homes sold in Cedarbrook Acres in the fourth quarter of 2018.

The median sales tax in Cedarbrook Acres for the most recent year with available data, 2015, was $881, approximately 0.5% of the median home sale price for the fourth quarter of 2019.

The following table compares Cedarbrook Acres 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)
Dover184248-25.8%$189,900$178,2506.5%
Spruance City511-54.5%$185,000$200,000-7.5%
Brookhaven Estates31200%$183,500$250,000-26.6%
Wyoming141216.7%$180,500$167,0908%
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-

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