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Kent County Today

Wednesday, November 6, 2024

Dogwood Meadows home prices fall in the third quarter of 2020

Realestate3

Adobe Stock

Adobe Stock

The median sale price of a home sold in the third quarter of 2020 in Dogwood Meadows fell by $8,653 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From July through September of 2020, there were three homes sold, with a median sale price of $315,000 - a 2.7% decrease over the $323,653 median sale price for the same period of the previous year. There were three homes sold in Dogwood Meadows in the third quarter of 2019, as well.

The median sales tax in Dogwood Meadows for the most recent year with available data, 2015, was $64, approximately 0% of the median home sale price for the third quarter of 2020.

The following table compares Dogwood Meadows 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)
Quails Nest41300%$434,665$75,000479.6%
Wind Song Farms12-50%$431,500$325,676.5032.5%
Hickory Ridge23-33.3%$399,950$305,00031.1%
Voshell Mill6450%$363,264.50$226,73860.2%
Village at Chestnut Ridge514-64.3%$333,807$334,900-0.3%
Dogwood Meadows330%$315,000$323,653-2.7%
Rising Sun-Lebanon242020%$312,470$310,0000.8%
Big Oak Corners10-$311,000$0-
Foxhall Courtside135160%$310,000$137,000126.3%
Hammville110%$310,000$219,50041.2%
Magnolia735046%$308,000$302,208.501.9%

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