From October through December of 2020, there were nine homes sold, with a median sale price of $275,900 - a 57.4% increase over the $175,327 median sale price for the same period of the previous year. There were four homes sold in Cedarbrook Acres in the fourth 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 fourth quarter of 2020.
The following table compares Cedarbrook Acres to other Kent County cities with similar median sale prices in the fourth quarter of 2020:
| City | Oct. - Dec. 2020 Home Sales | Oct. - Dec. 2019 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2020 Median Sales Price | Oct. - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Church Creek | 2 | 2 | 0% | $284,000 | $301,500 | -5.8% |
| Dogwood Meadows | 3 | 0 | - | $282,459 | $0 | - |
| Brookfield | 2 | 1 | 100% | $280,500 | $315,000 | -11% |
| Summerfield Village | 1 | 1 | 0% | $280,000 | $32,000 | 775% |
| Felton | 77 | 58 | 32.8% | $279,000 | $230,000 | 21.3% |
| Cedarbrook Acres | 9 | 4 | 125% | $275,900 | $175,327 | 57.4% |
| John Char Estates | 3 | 0 | - | $275,000 | $0 | - |
| Village at Chestnut Ridge | 3 | 12 | -75% | $265,000 | $165,981 | 59.7% |
| Planters Woods | 3 | 3 | 0% | $260,000 | $244,900 | 6.2% |
| Smyrna | 114 | 134 | -14.9% | $255,650 | $212,663.50 | 20.2% |
| Brookhaven Estates | 2 | 3 | -33.3% | $254,000 | $183,500 | 38.4% |
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