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Friday, November 15, 2024

Cedarbrook 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 Cedarbrook Acres rose by $27,251 while total sales remained unchanged with seven homes sold, according to BlockShopper.com.

From July through September of 2019, there were seven homes sold, with a median sale price of $248,900 - a 12.3% increase over the $221,649 median sale price for the same period of the previous year. There were seven homes sold in Cedarbrook Acres in the third quarter of 2018, as well.

The median sales tax in Cedarbrook Acres for the most recent year with available data, 2015, was $881, approximately 0.4% of the median home sale price for the third quarter of 2019.

The following table compares Cedarbrook 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)
Woods Haven21100%$270,000$265,0001.9%
Eagles Nest4333.3%$269,950$239,00012.9%
Brenford440%$266,000$285,000-6.7%
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%

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