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| SEPTEMBER 2025 | |||
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| Units Sold 1,088 |
Active Inventory 3,568 |
Median Sale Price $410,000 |
Days On Market 42 |
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| Up 1% Vs. Year Ago |
Up 17% Vs. Year Ago |
No Change Vs. Year Ago |
Up 20% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in September, with 1,088 sold this month in Delaware Real Estate versus 1,208 last month, a decrease of 10%. This month's total units sold was higher than at this time last year, an increase of 1% versus September 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 528 units or 17%. The total number of active inventory this September was 3,568 compared to 3,040 in September 2024. This month's total of 3,568 is lower than the previous month's total supply of available inventory of 3,632, a decrease of 2%. |
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Median Sale Price
Last September, the median sale price for Delaware Homes was $410,000. This September, the median sale price was $410,000, which is similar compared to a year ago. The current median sold price is 1% higher than in August. 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 1,354 |
Current Contracts 1,151 |
Sold Vs. List Price 99.3% |
Months of Supply 3.3 |
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| Down -2% Vs. Year Ago |
Down -9% Vs. Year Ago |
Down -1.2% Vs. Year Ago |
Up 17% Vs. Year Ago |
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Months of Supply
In September, there was 3.3 months of supply available in Delaware, compared to 2.8 in September 2024. That is an increase of 17% 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 1,354 homes newly listed for sale in Delaware compared to 1,375 in September 2024, a decrease of 2%. There were 1,151 current contracts pending sale this September compared to 1,259 a year ago. The number of current contracts is 9% lower than last September. |
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Sale Price to List Price Ratio
In September, the average sale price in Delaware was 99.3% of the average list price, which is 1.2% lower than at this time last year. Days on Market
This month, the average number of days on market was 42, higher than the average last year, which was 35, an increase of 20%. | |||
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*Defined as the counties of Kent, New Castle, and Sussex in DE | ||
| *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. |
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