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Saturday, November 16, 2024

Highland Acres home prices rise 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 Highland Acres rose by $42,000 while total sales increased by 76.9%, according to BlockShopper.com.

From July through September of 2019, there were 23 homes sold, with a median sale price of $230,000 - a 22.3% increase over the $188,000 median sale price for the same period of the previous year. There were 13 homes sold in Highland Acres in the third quarter of 2018.

The median sales tax in Highland Acres for the most recent year with available data, 2015, was $1,107, approximately 0.5% of the median home sale price for the third quarter of 2019.

The following table compares Highland Acres 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)
Woodfield21100%$241,950$140,00072.8%
John Char Estates13-66.7%$240,000$219,0009.6%
Pennwood110%$239,500$355,000-32.5%
Smyrna112119-5.9%$239,500$190,00026.1%
Misty Pines31200%$235,000$92,000155.4%
Highland Acres231376.9%$230,000$188,00022.3%
Bishops Corner10-$230,000$0-
Voshell Mill41300%$226,738$322,000-29.6%
Bethel21100%$224,500$181,00024%
Felton645516.4%$223,950$232,500-3.7%
Star Hill24-50%$223,206$53,400318%

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