SEAFORD, LAUREL, AND WESTERN SUSSEX COUNTY HOUSING MARKET DATA

There was an increase in total units sold in July, with 67 sold this month in Seaford, Laurel, and Western Sussex County Real Estate versus 59 last month, an increase of 14%. This month's total units sold was higher than at this time last year, an increase of 31% versus July 2024.

Versus last year, the total number of homes available this month is lower by 46 units or 20%. The total number of active inventory this July was 184 compared to 230 in July 2024. This month's total of 184 is lower than the previous month's total supply of available inventory of 186, a decrease of 1%.

Last July, the median sale price for Seaford, Laurel, and Western Sussex County Homes was $327,500. This July, the median sale price was $349,990, an increase of 7% or $22,490 compared to last year. The current median sold price is 3% higher 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.

In July, there was 2.7 months of supply available in Seaford, Laurel, and Western Sussex County, compared to 4.5 in July 2024. That is a decrease of 39% 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.

This month there were 87 homes newly listed for sale in Seaford, Laurel, and Western Sussex County compared to 113 in July 2024, a decrease of 23%. There were 70 current contracts pending sale this July compared to 66 a year ago. The number of current contracts is 6% higher than last July.

In July, the average sale price in Seaford, Laurel, and Western Sussex County was 98.6% of the average list price, which is 1.5% lower than at this time last year.

This month, the average number of days on market was 49, higher than the average last year, which was 39, an increase of 26%.





FOCUS ON: SEAFORD, LAUREL, AND WESTERN SUSSEX COUNTY HOUSING MARKET			JULY 2025

Zip Code(s): 19973, 19956, 19950, 19933, 19940 and 19931
Units Sold 67	Active Inventory 184	Median Sale Price $349,990	Days On Market 49

Up 31% Vs. Year Ago	Down -20% Vs. Year Ago	Up 7% Vs. Year Ago	Up 26% Vs. Year Ago


		Units Sold There was an increase in total units sold in July, with 67 sold this month in Seaford, Laurel, and Western Sussex County Real Estate versus 59 last month, an increase of 14%. This month's total units sold was higher than at this time last year, an increase of 31% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 46 units or 20%. The total number of active inventory this July was 184 compared to 230 in July 2024. This month's total of 184 is lower than the previous month's total supply of available inventory of 186, a decrease of 1%.
		Median Sale Price Last July, the median sale price for Seaford, Laurel, and Western Sussex County Homes was $327,500. This July, the median sale price was $349,990, an increase of 7% or $22,490 compared to last year. The current median sold price is 3% higher 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.



New Listings 87	Current Contracts 70	Sold Vs. List Price 98.6%	Months of Supply 2.7

Down -23% Vs. Year Ago	Up 6% Vs. Year Ago	Down -1.5% Vs. Year Ago	Down -39% Vs. Year Ago


		Months of Supply In July, there was 2.7 months of supply available in Seaford, Laurel, and Western Sussex County, compared to 4.5 in July 2024. That is a decrease of 39% 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.
New Listings & Current Contracts This month there were 87 homes newly listed for sale in Seaford, Laurel, and Western Sussex County compared to 113 in July 2024, a decrease of 23%. There were 70 current contracts pending sale this July compared to 66 a year ago. The number of current contracts is 6% higher than last July.
		Sale Price to List Price Ratio In July, the average sale price in Seaford, Laurel, and Western Sussex County was 98.6% of the average list price, which is 1.5% lower than at this time last year. Days on Market This month, the average number of days on market was 49, higher than the average last year, which was 39, an increase of 26%.


	Seaford, Laurel, and Western Sussex County are defined as properties listed in zip code/s 19973, 19956, 19950, 19933, 19940 and 19931.
	*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.