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Saturday, November 16, 2024

Frederica home prices fall in January 2020

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The median sale price of a home sold in January 2020 in Frederica fell by $172,900 while total sales decreased by 28.6%, according to BlockShopper.com.

In January 2020, there were five homes sold, with a median sale price of $40,000 - a 81.2% decrease over the $212,900 median sale price for the same period of the previous year. There were seven homes sold in Frederica in January 2019.

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 January 2020.

The following table compares Frederica to other Kent County cities with similar median sales prices in January 2020:

CityJan. 2020 Home SalesJan. 2019 Home Sales% change (Total Home Sales)Jan. 2020 Median Sales PriceJan. 2019 Median Sales Price% change (Median Sales Price)
Pine Ridge10-$162,000$0-
Misty Pines20-$143,750$0-
Hartly220%$131,500$57,321.50129.4%
Kent Acres220%$115,006$178,450-35.6%
Moores Lake Development10-$110,000$0-
Viola20-$103,757$0-
Star Hill31200%$100,000$55,75079.4%
Houston36-50%$75,000$149,000-49.7%
Frederica57-28.6%$40,000$212,900-81.2%
Marydel110%$16,100$184,000-91.3%
Woodside East40-$13,000$0-

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