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Saturday, November 16, 2024

Village at Chestnut Ridge home prices rise in the third quarter of 2019

Realestate1

The median sale price of a home sold in the third quarter of 2019 in Village at Chestnut Ridge rose by $2,856 while total sales increased by 7.7%, according to BlockShopper.com.

From July through September of 2019, there were 14 homes sold, with a median sale price of $334,900 - a 0.9% increase over the $332,044 median sale price for the same period of the previous year. There were 13 homes sold in Village at Chestnut Ridge in the third quarter of 2018.

The median sales tax in Village at Chestnut Ridge for the most recent year with available data, 2015, was $70, approximately 0% of the median home sale price for the third quarter of 2019.

The following table compares Village at Chestnut Ridge 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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