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Kent County Today

Tuesday, November 5, 2024

How did home prices perform in Village at Chestnut Ridge during the fourth quarter of 2020?

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The median sale price of a home sold in the fourth quarter of 2020 in Village at Chestnut Ridge rose by $99,019 while total sales decreased by 75%, according to BlockShopper.com.

From October through December of 2020, there were three homes sold, with a median sale price of $265,000 - a 59.7% increase over the $165,981 median sale price for the same period of the previous year. There were 12 homes sold in Village at Chestnut Ridge in the fourth quarter of 2019.

The median sales tax in Village at Chestnut Ridge for the most recent year with available data, 2015, was $70, approximately 0% of the median home sale price for the fourth quarter of 2020.

The following table compares Village at Chestnut Ridge to other Kent County cities with similar median sale prices in the fourth quarter of 2020:

CityOct. - Dec. 2020 Home SalesOct. - Dec. 2019 Home Sales% change (Total Home Sales)Oct. - Dec. 2020 Median Sales PriceOct. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Brookfield21100%$280,500$315,000-11%
Summerfield Village110%$280,000$32,000775%
Felton775832.8%$279,000$230,00021.3%
Cedarbrook Acres94125%$275,900$175,32757.4%
John Char Estates30-$275,000$0-
Village at Chestnut Ridge312-75%$265,000$165,98159.7%
Planters Woods330%$260,000$244,9006.2%
Smyrna114134-14.9%$255,650$212,663.5020.2%
Brookhaven Estates23-33.3%$254,000$183,50038.4%
Chimney Hill23-33.3%$252,500$241,0004.8%
Wynn Wood110%$250,000$225,00011.1%

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