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Saturday, November 23, 2024

Cedarbrook Acres home prices rise 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 Cedarbrook Acres rose by $11,967 while total sales decreased by 30%, according to BlockShopper.com.

From July through September of 2018, there were seven homes sold, with a median sale price of $221,649 - a 5.7% increase over the $209,683 median sale price for the same period of the previous year. There were 10 homes sold in Cedarbrook Acres in the third quarter of 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 the third quarter of 2018.

The following table compares Cedarbrook 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)
Eagles Nest330%$239,000$280,000-14.6%
Lakeshore Village56-16.7%$235,000$242,450-3.1%
Felton5557-3.5%$232,500$220,0005.7%
Church Creek21100%$231,200$228,0001.4%
Brookdale Heights14-75%$225,000$192,25017%
Cedarbrook Acres710-30%$221,649$209,682.505.7%
Hidden Acres13-66.7%$220,000$189,00016.4%
John Char Estates34-25%$219,000$244,500-10.4%
Cheswold210-80%$216,450$137,65057.2%
Chimney Hill9580%$212,000$204,9003.5%
Hudson Trails21100%$210,000$149,92240.1%

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