Village at Chestnut Ridge home prices fall in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Village at Chestnut Ridge fell by $4,000 while total sales decreased by 75.9%, according to BlockShopper.com.

From April through June of 2019, there were seven homes sold, with a median sale price of $295,000 – a 1.3% decrease over the $299,000 median sale price for the same period of the previous year. There were 29 homes sold in Village at Chestnut Ridge in the second quarter of 2018.

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 second quarter of 2019.

The following table compares Village at Chestnut Ridge to other Kent County cities with similar median sales prices in the second quarter of 2019:

City Apr. – June 2019 Home Sales Apr. – June 2018 Home Sales % change (Total Home Sales) Apr. – June 2019 Median Sales Price Apr. – June 2018 Median Sales Price % change (Median Sales Price)
Cheswold Farms 3 3 0% $315,000 $250,000 26%
Voshell Mill 2 1 100% $312,450 $166,000 88.2%
Magnolia 42 52 -19.2% $305,100 $255,654 19.3%
Garrison Lake Green 2 4 -50% $299,950 $263,750 13.7%
Rising Sun-Lebanon 21 17 23.5% $298,000 $264,920 12.5%
Village at Chestnut Ridge 7 29 -75.9% $295,000 $299,000 -1.3%
Brenford 1 5 -80% $293,000 $234,900 24.7%
Hammville 1 1 0% $287,000 $79,800 259.6%
Pennwood 1 1 0% $285,000 $445,000 -36%
Highland Acres 12 13 -7.7% $282,332.50 $188,272 50%
Wind Song Farms 1 2 -50% $277,764 $315,488.50 -12%


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