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| FOCUS ON: NEW CASTLE COUNTY HOUSING MARKET |
SEPTEMBER 2025 |
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Units Sold
455 |
Active Inventory
861 |
Median Sale Price
$370,000 |
Days On Market
27 |
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Down -1%
Vs. Year Ago |
Up 16%
Vs. Year Ago |
Down -3%
Vs. Year Ago |
Up 35%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in September, with 455 sold this month in New Castle County Real Estate versus 513 last month, a decrease of 11%. This month's total units sold was lower than at this time last year, a decrease 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 118 units or 16%. The total number of active inventory this September was 861 compared to 743 in September 2024. This month's total of 861 is lower than the previous month's total supply of available inventory of 921, a decrease of 7%.
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Median Sale Price
Last September, the median sale price for New Castle County Homes was $379,900. This September, the median sale price was $370,000, a decrease of 3% or $9,900 compared to last year. The current median sold price is 1% lower 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
529 |
Current Contracts
485 |
Sold Vs. List Price
99.4% |
Months of Supply
1.9 |
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Down -2%
Vs. Year Ago |
Down -4%
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 1.9 months of supply available in New Castle County, compared to 1.6 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 529 homes newly listed for sale in New Castle County compared to 542 in September 2024, a decrease of 2%. There were 485 current contracts pending sale this September compared to 504 a year ago. The number of current contracts is 4% lower than last September.
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Sale Price to List Price Ratio
In September, the average sale price in New Castle County was 99.4% 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 27, higher than the average last year, which was 20, an increase of 35%.
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| *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. |