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Sunday, December 29, 2024

Ryans Run home prices rise in the second quarter of 2020

Realestate5

The median sale price of a home sold in the second quarter of 2020 in Ryans Run rose by $60,000 while total sales decreased by 50%, according to BlockShopper.com.

From April through June of 2020, there were two homes sold, with a median sale price of $292,500 - a 25.8% increase over the $232,500 median sale price for the same period of the previous year. There were four homes sold in Ryans Run in the second quarter of 2019.

The median sales tax in Ryans Run for the most recent year with available data, 2015, was $1,160, approximately 0.4% of the median home sale price for the second quarter of 2020.

The following table compares Ryans Run to other Kent County cities with similar median sales prices in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Brenford21100%$301,500$293,0002.9%
Magnolia574235.7%$300,000$305,100-1.7%
Hall Estates20-$300,000$0-
Pennwood110%$296,900$285,0004.2%
Rising Sun-Lebanon1921-9.5%$296,490$298,000-0.5%
Ryans Run24-50%$292,500$232,50025.8%
Garrison Lake Green52150%$284,900$299,950-5%
Voshell Mill42100%$284,000$312,450-9.1%
Dogwood Meadows25-60%$282,250$347,500-18.8%
Clayton2944-34.1%$275,000$277,450-0.9%
John Char Estates24-50%$268,500$225,27519.2%

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