From July through September of 2020, there were three homes sold, with a median sale price of $215,000 - a 30.6% decrease over the $310,000 median sale price for the same period of the previous year. There were four homes sold in Moores Lake Development in the third quarter of 2019.
The median sales tax in Moores Lake Development for the most recent year with available data, 2015, was $1,302, approximately 0.6% of the median home sale price for the third quarter of 2020.
The following table compares Moores Lake Development to other Kent County cities with similar median sales prices in the third quarter of 2020:
| City | July - Sept. 2020 Home Sales | July - Sept. 2019 Home Sales | % change (Total Home Sales) | July - Sept. 2020 Median Sales Price | July - Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Carlisle Village | 1 | 1 | 0% | $221,000 | $100,000 | 121% |
| Marydel | 2 | 4 | -50% | $220,000 | $186,250 | 18.1% |
| Spruance City | 7 | 10 | -30% | $217,400 | $184,950 | 17.5% |
| Wyoming | 14 | 14 | 0% | $217,375 | $174,000 | 24.9% |
| Milford | 26 | 22 | 18.2% | $215,750 | $207,500 | 4% |
| Moores Lake Development | 3 | 4 | -25% | $215,000 | $310,000 | -30.6% |
| Cheswold | 4 | 4 | 0% | $212,500 | $134,635.50 | 57.8% |
| Dover | 214 | 206 | 3.9% | $209,000 | $188,250 | 11% |
| Harrington | 48 | 45 | 6.7% | $207,500 | $148,900 | 39.4% |
| Kenton | 4 | 0 | - | $204,000 | $0 | - |
| Pine Ridge | 2 | 0 | - | $198,500 | $0 | - |
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