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Thursday, December 26, 2024

Chimney Hill home prices rise in the fourth quarter of 2019

Realestate077

The median sale price of a home sold in the fourth quarter of 2019 in Chimney Hill rose by $60,000 while total sales decreased by 25%, according to BlockShopper.com.

From October through December of 2019, there were three homes sold, with a median sale price of $241,000 - a 33.1% increase over the $181,000 median sale price for the same period of the previous year. There were four homes sold in Chimney Hill in the fourth quarter of 2018.

The median sales tax in Chimney Hill for the most recent year with available data, 2015, was $1,162, approximately 0.5% of the median home sale price for the fourth quarter of 2019.

The following table compares Chimney Hill 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)
Hidden Acres13-66.7%$257,900$237,0008.8%
South Bowers5425%$248,000$121,999.50103.3%
Big Oak Corners20-$248,000$0-
Planters Woods3250%$244,900$242,5001%
Bowers220%$242,850$347,500-30.1%
Chimney Hill34-25%$241,000$181,00033.1%
Eagles Nest41300%$236,500$230,0002.8%
Misty Pines110%$235,000$245,000-4.1%
Felton5861-4.9%$230,000$184,90024.4%
Camden151315.4%$230,000$200,00015%
Hall Estates110%$225,000$221,0001.8%

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