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Saturday, November 16, 2024

Garrison Lake Green 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 Garrison Lake Green rose by $72,000 while total sales increased by 40%, according to BlockShopper.com.

From July through September of 2019, there were seven homes sold, with a median sale price of $312,000 - a 30% increase over the $240,000 median sale price for the same period of the previous year. There were five homes sold in Garrison Lake Green in the third quarter of 2018.

The median sales tax in Garrison Lake Green for the most recent year with available data, 2015, was $1,213, approximately 0.4% of the median home sale price for the third quarter of 2019.

The following table compares Garrison Lake Green 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)
Bowers12-50%$345,000$31,750986.6%
Village at Chestnut Ridge14137.7%$334,900$332,0440.9%
Wind Song Farms220%$325,676.50$324,7900.3%
Dogwood Meadows330%$323,653$300,0007.9%
Garrison Lake Green7540%$312,000$240,00030%
Rising Sun-Lebanon2022-9.1%$310,000$293,5005.6%
Moores Lake Development440%$310,000$401,650-22.8%
Hickory Ridge35-40%$305,000$272,00012.1%
Magnolia5056-10.7%$302,208.50$289,9004.2%
Clayton68663%$273,348.50$242,45012.7%
Summerfield Village10-$272,000$0-

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