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Kent County Today

Thursday, November 7, 2024

Rising home prices in Garrison Lake Green in the first quarter of 2021

Realestate5

The median sale price of a home sold in the first quarter of 2021 in Garrison Lake Green rose by $7,000 while total sales decreased by 50%, according to BlockShopper.com.

From January through March of 2021, there were two homes sold, with a median sale price of $320,500 - a 2.2% increase over the $313,500 median sale price for the same period of the previous year. There were four homes sold in Garrison Lake Green in the first quarter of 2020.

The median sales tax in Garrison Lake Green for the most recent year with available data, 2015, was $1,213, approximately 0.4% of the median home sale price for the first quarter of 2021.

The following table compares Garrison Lake Green to other Kent County cities with similar median sale prices in the first quarter of 2021:

CityJan. - Mar. 2021 Home SalesJan. - Mar. 2020 Home Sales% change (Total Home Sales)Jan. - Mar. 2021 Median Sales PriceJan. - Mar. 2020 Median Sales Price% change (Median Sales Price)
Magnolia433813.2%$354,059$275,00028.7%
Hall Estates13-66.7%$348,549$239,90045.3%
Brookfield10-$340,000$0-
Bishops Corner12-50%$335,000$203,55364.6%
Rising Sun-Lebanon301866.7%$331,640$304,3709%
Garrison Lake Green24-50%$320,500$313,5002.2%
Riverview121020%$317,500$262,51920.9%
Dogwood Meadows23-33.3%$317,038.50$293,3488.1%
Brenford110%$316,500$289,9009.2%
Cheswold41300%$314,250$274,90014.3%
Foxhall Courtside125140%$312,490$359,255-13%

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