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Kent County Today

Wednesday, November 6, 2024

Cedarbrook Acres home prices rise in the third quarter of 2020

Realestate3

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Adobe Stock

The median sale price of a home sold in the third quarter of 2020 in Cedarbrook Acres rose by $31,100 while total sales decreased by 14.3%, according to BlockShopper.com.

From July through September of 2020, there were six homes sold, with a median sale price of $280,000 - a 12.5% increase over the $248,900 median sale price for the same period of the previous year. There were seven homes sold in Cedarbrook Acres in the third quarter of 2019.

The median sales tax in Cedarbrook Acres for the most recent year with available data, 2015, was $881, approximately 0.3% of the median home sale price for the third quarter of 2020.

The following table compares Cedarbrook Acres to other Kent County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Eagles Nest84100%$305,000$269,95013%
Brookfield21100%$300,500$271,00010.9%
Brenford5425%$300,000$266,00012.8%
Lucky Estates60-$290,000$0-
Garrison Lake Green67-14.3%$289,000$312,000-7.4%
Cedarbrook Acres67-14.3%$280,000$248,90012.5%
Planters Woods52150%$280,000$251,25011.4%
Felton Heights70-$277,000$0-
Bethel220%$274,950$224,50022.5%
Bishops Corner110%$269,900$230,00017.3%
Church Creek41300%$267,950$210,00027.6%

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