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Kent County Today

Thursday, November 7, 2024

Garrison Lake Green home prices fall in August 2020

Realestate5

The median sale price of a home sold in August 2020 in Garrison Lake Green fell by $43,725 while total sales decreased by 60%, according to BlockShopper.com.

In August 2020, there were two homes sold, with a median sale price of $278,275 - a 13.6% decrease over the $322,000 median sale price for the same period of the previous year. There were five homes sold in Garrison Lake Green in August 2019.

The median sales tax in Garrison Lake Green for the most recent year with available data, 2015, was $1,213, approximately 0.4% of the median home sale price for August 2020.

The following table compares Garrison Lake Green to other Kent County cities with similar median sales prices in August 2020:

CityAug. 2020 Home SalesAug. 2019 Home Sales% change (Total Home Sales)Aug. 2020 Median Sales PriceAug. 2019 Median Sales Price% change (Median Sales Price)
Magnolia271758.8%$290,911$307,000-5.2%
Eagles Nest220%$290,000$269,9507.4%
Brenford10-$290,000$0-
Lucky Estates40-$290,000$0-
Church Creek10-$279,900$0-
Garrison Lake Green25-60%$278,275$322,000-13.6%
Felton241741.2%$272,121$120,000126.8%
Camden78-12.5%$265,000$227,35016.6%
Felton Heights20-$264,500$0-
Frederica46-33.3%$256,000$197,45029.7%
Misty Pines110%$255,000$235,0008.5%

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