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Thursday, December 26, 2024

Bowers 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 Bowers fell by $104,650 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

From October through December of 2019, there were two homes sold, with a median sale price of $242,850 - a 30.1% decrease over the $347,500 median sale price for the same period of the previous year. There were two homes sold in Bowers in the fourth quarter of 2018, as well.

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 fourth quarter of 2019.

The following table compares Bowers 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)
Lakeshore Village13-66.7%$264,900$249,9006%
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%

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