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Saturday, November 23, 2024

Frederica home prices rise in November 2018

Realestate4

The median sale price of a home sold in November 2018 in Frederica rose by $39,890 while total sales decreased by 16.7%, according to BlockShopper.com.

In November 2018, there were five homes sold, with a median sale price of $250,000 - a 19% increase over the $210,111 median sale price for the same period of the previous year. There were six homes sold in Frederica in November 2017.

The median sales tax in Frederica for the most recent year with available data, 2015, was $12, approximately 0% of the median home sale price for November 2018.

The following table compares Frederica to other Kent County cities with similar median sales prices in November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Magnolia1520-25%$280,000$273,8682.2%
Garrison Lake Green20-$273,450$0-
Dogwood Meadows110%$266,500$55,000384.5%
Cheswold220%$260,000$207,74525.2%
Lakeshore Village13-66.7%$257,000$264,900-3%
Frederica56-16.7%$250,000$210,110.5019%
Smyrna3539-10.3%$245,900$220,00011.8%
Clayton1920-5%$233,900$234,500-0.3%
Eagles Nest10-$230,000$0-
Highland Acres550%$229,900$215,0006.9%
Ryans Run13-66.7%$229,900$260,000-11.6%

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