NEW CASTLE, RED LION, AND DELAWARE CITY HOUSING MARKET DATA

There was an increase in total units sold in September, with 61 sold this month in New Castle, Red Lion, and Delaware City Real Estate. This month's total units sold was higher than at this time last year.

Versus last year, the total number of homes available this month is higher by 7 units or 12%. The total number of active inventory this September was 66 compared to 59 in September 2024. This month's total of 66 is lower than the previous month's total supply of available inventory of 68, a decrease of 3%.

Last September, the median sale price for New Castle, Red Lion, and Delaware City Homes was $315,000. This September, the median sale price was $319,000, an increase of 1% or $4,000 compared to last year. The current median sold price is 6% 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.

In September, there was 1.1 months of supply available in New Castle, Red Lion, and Delaware City, compared to 1.6 in September 2024. That is a decrease of 30% 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 52 homes newly listed for sale in New Castle, Red Lion, and Delaware City compared to 59 in September 2024, a decrease of 12%. There were 42 current contracts pending sale this September compared to 51 a year ago. The number of current contracts is 18% lower than last September.

In September, the average sale price in New Castle, Red Lion, and Delaware City was 99.1% of the average list price, which is 0.8% lower than at this time last year.

This month, the average number of days on market was 22, higher than the average last year, which was 12, an increase of 83%.





FOCUS ON: NEW CASTLE, RED LION, AND DELAWARE CITY HOUSING MARKET			SEPTEMBER 2025

Zip Code(s): 19720 and 19706
Units Sold 61	Active Inventory 66	Median Sale Price $319,000	Days On Market 22

Up Vs. Year Ago	Up 12% Vs. Year Ago	Up 1% Vs. Year Ago	Up 83% Vs. Year Ago


		Units Sold There was an increase in total units sold in September, with 61 sold this month in New Castle, Red Lion, and Delaware City Real Estate. This month's total units sold was higher than at this time last year.
Active Inventory Versus last year, the total number of homes available this month is higher by 7 units or 12%. The total number of active inventory this September was 66 compared to 59 in September 2024. This month's total of 66 is lower than the previous month's total supply of available inventory of 68, a decrease of 3%.
		Median Sale Price Last September, the median sale price for New Castle, Red Lion, and Delaware City Homes was $315,000. This September, the median sale price was $319,000, an increase of 1% or $4,000 compared to last year. The current median sold price is 6% 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.



New Listings 52	Current Contracts 42	Sold Vs. List Price 99.1%	Months of Supply 1.1

Down -12% Vs. Year Ago	Down -18% Vs. Year Ago	Down -0.8% Vs. Year Ago	Down -30% Vs. Year Ago


		Months of Supply In September, there was 1.1 months of supply available in New Castle, Red Lion, and Delaware City, compared to 1.6 in September 2024. That is a decrease of 30% 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 52 homes newly listed for sale in New Castle, Red Lion, and Delaware City compared to 59 in September 2024, a decrease of 12%. There were 42 current contracts pending sale this September compared to 51 a year ago. The number of current contracts is 18% lower than last September.
		Sale Price to List Price Ratio In September, the average sale price in New Castle, Red Lion, and Delaware City was 99.1% of the average list price, which is 0.8% lower than at this time last year. Days on Market This month, the average number of days on market was 22, higher than the average last year, which was 12, an increase of 83%.


	New Castle, Red Lion, and Delaware City are defined as properties listed in zip code/s 19720 and 19706.
	*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.