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Sunday, November 24, 2024

Viola home prices fall in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in Viola fell by $48,250 while total sales decreased by 50%, according to BlockShopper.com.

From July through September of 2018, there were two homes sold, with a median sale price of $185,750 - a 20.6% decrease over the $234,000 median sale price for the same period of the previous year. There were four homes sold in Viola in the third quarter of 2017.

The median sales tax in Viola for the most recent year with available data, 2015, was $670, approximately 0.4% of the median home sale price for the third quarter of 2018.

The following table compares Viola to other Kent County cities with similar median sales prices in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Brookfield13-66.7%$195,000$265,000-26.4%
Smyrna11910414.4%$190,000$225,379-15.7%
Ryans Run41300%$189,050$239,900-21.2%
Spruance City47-42.9%$188,770$180,0004.9%
Highland Acres131118.2%$188,000$209,900-10.4%
Viola24-50%$185,750$234,000-20.6%
Harrington2142-50%$183,000$141,577.5029.3%
Bethel110%$181,000$227,000-20.3%
Hall Estates110%$180,000$265,000-32.1%
Dover247252-2%$180,000$146,00023.3%
Carlisle Village46-33.3%$179,750$207,250-13.3%

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