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FOCUS ON: FELTON, CAMDEN WYOMING, AND SOUTHERN KENT COUNTY HOUSING MARKET |
JULY 2025 |
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Zip Code(s): 19934, 19962, 19952, 19946, 19954, 19979, 19980 and 19943 |
Units Sold
70 |
Active Inventory
216 |
Median Sale Price
$351,500 |
Days On Market
38 |
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Down -7%
Vs. Year Ago |
Up 11%
Vs. Year Ago |
Down -10%
Vs. Year Ago |
No Change
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in July, with 70 sold this month in Felton, Camden Wyoming, and Southern Kent County Real Estate versus 87 last month, a decrease of 20%. This month's total units sold was lower than at this time last year, a decrease of 7% versus July 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 22 units or 11%. The total number of active inventory this July was 216 compared to 194 in July 2024. This month's total of 216 is lower than the previous month's total supply of available inventory of 234, a decrease of 8%.
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Median Sale Price
Last July, the median sale price for Felton, Camden Wyoming, and Southern Kent County Homes was $390,000. This July, the median sale price was $351,500, a decrease of 10% or $38,500 compared to last year. The current median sold price is 9% lower than in June.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
72 |
Current Contracts
70 |
Sold Vs. List Price
100.2% |
Months of Supply
3.1 |
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Down -26%
Vs. Year Ago |
Down -8%
Vs. Year Ago |
Up 0.8%
Vs. Year Ago |
Up 19%
Vs. Year Ago |
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Months of Supply
In July, there was 3.1 months of supply available in Felton, Camden Wyoming, and Southern Kent County, compared to 2.6 in July 2024. That is an increase of 19% versus a year ago.
Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
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New Listings & Current Contracts
This month there were 72 homes newly listed for sale in Felton, Camden Wyoming, and Southern Kent County compared to 97 in July 2024, a decrease of 26%. There were 70 current contracts pending sale this July compared to 76 a year ago. The number of current contracts is 8% lower than last July.
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Sale Price to List Price Ratio
In July, the average sale price in Felton, Camden Wyoming, and Southern Kent County was 100.2% of the average list price, which is 0.8% higher than at this time last year.
Days on Market
This month, the average number of days on market was 38, which is similar compared to a year ago.
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Felton, Camden Wyoming, and Southern Kent County are defined as properties listed in zip code/s 19934, 19962, 19952, 19946, 19954, 19979, 19980 and 19943. |
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. |
Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc. |