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Saturday, November 23, 2024

Cedarbrook Acres home prices rise in October 2018

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The median sale price of a home sold in October 2018 in Cedarbrook Acres rose by $15,563 while total sales increased by 150%, according to BlockShopper.com.

In October 2018, there were five homes sold, with a median sale price of $230,000 - a 7.3% increase over the $214,438 median sale price for the same period of the previous year. There were two homes sold in Cedarbrook Acres in October 2017.

The median sales tax in Cedarbrook Acres for the most recent year with available data, 2015, was $881, approximately 0.4% of the median home sale price for October 2018.

The following table compares Cedarbrook Acres 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)
Viola12-50%$246,500$143,50071.8%
Hidden Acres20-$240,500$0-
Riverview5425%$236,003$244,950-3.7%
Bishops Corner3250%$235,000$147,432.5059.4%
Highland Acres73133.3%$234,900$158,50048.2%
Cedarbrook Acres52150%$230,000$214,437.507.3%
Woodfield31200%$230,000$220,0004.5%
Ryans Run13-66.7%$230,000$223,0003.1%
Felton221457.1%$227,425$196,028.5016%
Woods Haven220%$225,450$122,00084.8%
Clayton252025%$192,400$210,745-8.7%

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