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Friday, November 15, 2024

Capitol Park home prices rise in the third quarter of 2019

Realestate077

The median sale price of a home sold in the third quarter of 2019 in Capitol Park rose by $34,000 while total sales decreased by 33.3%, according to BlockShopper.com.

From July through September of 2019, there were two homes sold, with a median sale price of $99,000 - a 52.3% increase over the $65,000 median sale price for the same period of the previous year. There were three homes sold in Capitol Park in the third quarter of 2018.

The median sales tax in Capitol Park for the most recent year with available data, 2015, was $803, approximately 0.8% of the median home sale price for the third quarter of 2019.

The following table compares Capitol Park to other Kent County cities with similar median sales prices in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
Foxhall Courtside50-$137,000$0-
Cheswold42100%$134,635.50$216,450-37.8%
South Bowers30-$131,000$0-
Frederica2032-37.5%$126,917.50$157,500-19.4%
Carlisle Village14-75%$100,000$179,750-44.4%
Capitol Park23-33.3%$99,000$65,00052.3%
Bush Manor110%$96,450$81,50018.3%
Hall Estates110%$82,500$180,000-54.2%
Voshell Cove12-50%$80,851$279,950-71.1%
Houston12850%$75,000$209,500-64.2%
Quails Nest10-$75,000$0-

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