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Sunday, December 29, 2024

Garrison Lake Green home prices fall in the second quarter of 2020

Realestate5

The median sale price of a home sold in the second quarter of 2020 in Garrison Lake Green fell by $15,050 while total sales increased by 150%, according to BlockShopper.com.

From April through June of 2020, there were five homes sold, with a median sale price of $284,900 - a 5% decrease over the $299,950 median sale price for the same period of the previous year. There were two homes sold in Garrison Lake Green in the second quarter of 2019.

The median sales tax in Garrison Lake Green for the most recent year with available data, 2015, was $1,213, approximately 0.4% of the median home sale price for the second quarter of 2020.

The following table compares Garrison Lake Green 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)
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%
Hunters Ridge21100%$262,500$360,000-27.1%

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