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| JUNE 2025 | |||
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| Units Sold 528 |
Active Inventory 780 |
Median Sale Price $390,000 |
Days On Market 22 |
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| Down -2% Vs. Year Ago |
Up 3% Vs. Year Ago |
Up 7% Vs. Year Ago |
Up 16% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in June, with 528 sold this month in New Castle County Real Estate versus 521 last month, an increase of 1%. This month's total units sold was lower than at this time last year, a decrease of 2% versus June 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 25 units or 3%. The total number of active inventory this June was 780 compared to 755 in June 2024. This month's total of 780 is lower than the previous month's total supply of available inventory of 864, a decrease of 10%. |
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Median Sale Price
Last June, the median sale price for New Castle County Homes was $366,000. This June, the median sale price was $390,000, an increase of 7% or $24,000 compared to last year. The current median sold price is 4% higher than in May. 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 539 |
Current Contracts 507 |
Sold Vs. List Price 100.5% |
Months of Supply 1.5 |
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| Down -10% Vs. Year Ago |
Down -7% Vs. Year Ago |
No Change Vs. Year Ago |
No Change Vs. Year Ago |
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Months of Supply
In June, there was 1.5 months of supply available in New Castle County. The amount of supply is similar compared to 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 539 homes newly listed for sale in New Castle County compared to 599 in June 2024, a decrease of 10%. There were 507 current contracts pending sale this June compared to 544 a year ago. The number of current contracts is 7% lower than last June. |
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Sale Price to List Price Ratio
In June, the average sale price in New Castle County was 100.5% of the average list price, which is similar compared to a year ago. Days on Market
This month, the average number of days on market was 22, higher than the average last year, which was 19, an increase of 16%. | |||
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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. |
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