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Sunday, November 24, 2024

Felton 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 Felton rose by $12,500 while total sales decreased by 3.5%, according to BlockShopper.com.

From July through September of 2018, there were 55 homes sold, with a median sale price of $232,500 - a 5.7% increase over the $220,000 median sale price for the same period of the previous year. There were 57 homes sold in Felton in the third quarter of 2017.

The median sales tax in Felton for the most recent year with available data, 2015, was $348, approximately 0.1% of the median home sale price for the third quarter of 2018.

The following table compares Felton 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)
Clayton665813.8%$242,450$223,6608.4%
Brookhaven Estates14-75%$241,000$229,9504.8%
Garrison Lake Green550%$240,000$250,000-4%
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%

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