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Kent County Today

Thursday, November 7, 2024

Cedarbrook Acres home prices rise in August 2020

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The median sale price of a home sold in August 2020 in Cedarbrook Acres rose by $90,250 while total sales increased by 50%, according to BlockShopper.com.

In August 2020, there were three homes sold, with a median sale price of $365,000 - a 32.8% increase over the $274,750 median sale price for the same period of the previous year. There were two homes sold in Cedarbrook Acres in August 2019.

The median sales tax in Cedarbrook Acres for the most recent year with available data, 2015, was $881, approximately 0.2% of the median home sale price for August 2020.

The following table compares Cedarbrook Acres 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)
Quails Nest10-$494,000$0-
Cedarbrook Acres3250%$365,000$274,75032.8%
Voshell Mill21100%$350,199.50$355,000-1.4%
Village at Chestnut Ridge39-66.7%$345,000$339,9001.5%
Rising Sun-Lebanon46-33.3%$322,450$305,3505.6%
Dogwood Meadows10-$315,000$0-
Big Oak Corners10-$311,000$0-
Foxhall Courtside51400%$308,990$226,00036.7%
Clayton1421-33.3%$301,247.50$271,79710.8%
Riverview220%$299,500$276,0008.5%
Brookfield110%$295,000$271,0008.9%

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