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Saturday, November 16, 2024

Frederica home prices fall in the third quarter of 2019

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The median sale price of a home sold in the third quarter of 2019 in Frederica fell by $30,583 while total sales decreased by 37.5%, according to BlockShopper.com.

From July through September of 2019, there were 20 homes sold, with a median sale price of $126,918 - a 19.4% decrease over the $157,500 median sale price for the same period of the previous year. There were 32 homes sold in Frederica in the third quarter of 2018.

The median sales tax in Frederica for the most recent year with available data, 2015, was $12, approximately 0% of the median home sale price for the third quarter of 2019.

The following table compares Frederica 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)
Rodney Village810-20%$151,450$117,45028.9%
Harrington4521114.3%$148,900$183,000-18.6%
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%

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