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Saturday, November 23, 2024

Frederica home prices fall in October 2018

Realestate4

The median sale price of a home sold in October 2018 in Frederica fell by $73,500 while total sales decreased by 75%, according to BlockShopper.com.

In October 2018, there were two homes sold, with a median sale price of $132,000 - a 35.8% decrease over the $205,500 median sale price for the same period of the previous year. There were eight homes sold in Frederica in October 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 October 2018.

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

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Kent Acres41300%$148,500$202,000-26.5%
Hudson Trails110%$140,000$204,000-31.4%
Woodside East220%$138,500$86,335.5060.4%
Pine Ridge12-50%$137,000$90,116.5052%
Milford141127.3%$133,250$195,000-31.7%
Frederica28-75%$132,000$205,500-35.8%
Rodney Village35-40%$115,280$113,5001.6%
Wyoming550%$110,000$158,000-30.4%
South Bowers10-$99,999$0-
Kenton10-$97,500$0-
Marydel110%$91,000$148,000-38.5%

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