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Saturday, November 23, 2024

Poquoson home prices rise in the first quarter of 2020

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The median sale price of a home sold in the first quarter of 2020 in Poquoson rose by $36,150 while total sales increased by 13.9%, according to BlockShopper.com.

From January through March of 2020, there were 41 homes sold, with a median sale price of $250,400 - a 16.9% increase over the $214,250 median sale price for the same period of the previous year. There were 36 homes sold in Poquoson in the first quarter of 2019.

The median sales tax in Poquoson for the most recent year with available data, 2015, was $4,392, approximately 1.8% of the median home sale price for the first quarter of 2020.

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