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Tuesday, December 31, 2024

Village at Chestnut Ridge home prices rise in the first half of 2020

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The median sale price of a home sold in the first half of 2020 in Village at Chestnut Ridge rose by $23,550 while total sales increased by 41.2%, according to BlockShopper.com.

From January through June of 2020, there were 24 homes sold, with a median sale price of $333,450 - a 7.6% increase over the $309,900 median sale price for the same period of the previous year. There were 17 homes sold in Village at Chestnut Ridge in the first half of 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 the first half of 2020.

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

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Wind Song Farms34-25%$477,249$310,853.5053.5%
Quails Nest31200%$445,000$335,00032.8%
Hickory Ridge24-50%$354,950$272,50030.3%
Cheswold Farms15-80%$335,000$315,0006.3%
Foxhall Courtside100-$334,457.50$0-
Village at Chestnut Ridge241741.2%$333,450$309,9007.6%
Rising Sun-Lebanon3741-9.8%$298,500$278,5957.1%
Brenford31200%$298,000$293,0001.7%
Pennwood330%$296,900$250,00018.8%
Clayton6197-37.1%$295,000$276,0006.9%
Magnolia958018.8%$295,000$299,450-1.5%

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