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Saturday, November 16, 2024

Viola 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 Viola rose by $57,250 while total sales increased by 50%, according to BlockShopper.com.

From July through September of 2019, there were three homes sold, with a median sale price of $243,000 - a 30.8% increase over the $185,750 median sale price for the same period of the previous year. There were two homes sold in Viola in the third quarter of 2018.

The median sales tax in Viola for the most recent year with available data, 2015, was $670, approximately 0.3% of the median home sale price for the third quarter of 2019.

The following table compares Viola 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)
Brookhaven Estates110%$257,000$241,0006.6%
Planters Woods21100%$251,250$247,0001.7%
Cedarbrook Acres770%$248,900$221,64912.3%
Kent Acres14137.7%$246,000$199,50023.3%
Hidden Acres110%$245,000$220,00011.4%
Viola3250%$243,000$185,75030.8%
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%

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