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Tuesday, November 5, 2024

Colewood Acres home prices rise in August 2019

Re 5

The median sale price of a home sold in August 2019 in Colewood Acres rose by $10,000 while total sales increased by 50%, according to BlockShopper.com.

In August 2019, there were three homes sold, with a median sale price of $185,000 - a 5.7% increase over the $175,000 median sale price for the same period of the previous year. There were two homes sold in Colewood Acres in August 2018.

The median sales tax in Colewood Acres for the most recent year with available data, 2016, was $1,355, approximately 0.7% of the median home sale price for August 2019.

The following table compares Colewood Acres to other Wake County cities with similar median sales prices in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Lynwood Estates12-50%$233,000$210,00011%
Echo Heights110%$232,000$125,00085.6%
El Camino Estates21100%$210,500$167,50025.7%
Knightdale55533.8%$205,500$185,00011.1%
Waco Heights27-71.4%$205,000$187,0009.6%
Colewood Acres3250%$185,000$175,0005.7%
Heatherbrook21100%$172,500$223,000-22.6%
Golden Forest21100%$169,500$177,000-4.2%
Queen Pines20-$167,750$0-
Wendell302050%$167,500$208,500-19.7%
Riverview North20-$159,000$0-

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