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Saturday, November 16, 2024

Village at Chestnut Ridge home prices fall in February 2020

Realestate4

The median sale price of a home sold in February 2020 in Village at Chestnut Ridge fell by $60,400 while total sales increased by 60%, according to BlockShopper.com.

In February 2020, there were eight homes sold, with a median sale price of $229,500 - a 20.8% decrease over the $289,900 median sale price for the same period of the previous year. There were five homes sold in Village at Chestnut Ridge in February 2019.

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 February 2020.

The following table compares Village at Chestnut Ridge to other Kent County cities with similar median sales prices in February 2020:

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Kent Acres110%$240,000$130,00084.6%
Hunters Ridge10-$235,000$0-
Misty Pines110%$235,000$125,14287.8%
Chimney Hill10-$235,000$0-
Felton1518-16.7%$232,903$236,613-1.6%
Village at Chestnut Ridge8560%$229,500$289,900-20.8%
Wynn Wood21100%$224,000$230,000-2.6%
Hartly6520%$222,174.50$145,00053.2%
Lucky Estates10-$217,500$0-
Wyoming4333.3%$215,750$189,90013.6%
Quails Nest110%$215,000$335,000-35.8%

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