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Kent County Today

Sunday, November 24, 2024

Highland Acres 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 Highland Acres fell by $21,900 while total sales increased by 18.2%, according to BlockShopper.com.

From July through September of 2018, there were 13 homes sold, with a median sale price of $188,000 - a 10.4% decrease over the $209,900 median sale price for the same period of the previous year. There were 11 homes sold in Highland Acres in the third quarter of 2017.

The median sales tax in Highland Acres for the most recent year with available data, 2015, was $1,107, approximately 0.6% of the median home sale price for the third quarter of 2018.

The following table compares Highland Acres 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)
Kent Acres1314-7.1%$199,500$166,685.5019.7%
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%

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