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Saturday, November 16, 2024

Frederica home prices fall in September 2019

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The median sale price of a home sold in September 2019 in Frederica fell by $26,500 while total sales increased by 50%, according to BlockShopper.com.

In September 2019, there were 12 homes sold, with a median sale price of $80,000 - a 24.9% decrease over the $106,500 median sale price for the same period of the previous year. There were eight homes sold in Frederica in September 2018.

The median sales tax in Frederica for the most recent year with available data, 2015, was $12, approximately 0% of the median home sale price for September 2019.

The following table compares Frederica to other Kent County cities with similar median sales prices in September 2019:

CitySept. 2019 Home SalesSept. 2018 Home Sales% change (Total Home Sales)Sept. 2019 Median Sales PriceSept. 2018 Median Sales Price% change (Median Sales Price)
Kent Acres550%$152,000$199,500-23.8%
Cheswold20-$147,085.50$0-
Rodney Village25-60%$143,727.50$114,90025.1%
Voshell Mill10-$138,476$0-
Misty Pines20-$134,950$0-
Woodside East3250%$105,346$10,000953.5%
Bush Manor10-$96,450$0-
Frederica12850%$80,000$106,500-24.9%
Quails Nest10-$75,000$0-
Foxhall Courtside10-$65,000$0-
Houston440%$57,500$242,000-76.2%

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