SEAFORD, LAUREL, AND WESTERN SUSSEX COUNTY HOUSING MARKET DATA

There was a decrease in total units sold in June, with 55 sold this month in Seaford, Laurel, and Western Sussex County Real Estate versus 58 last month, a decrease of 5%. This month's total units sold was lower than at this time last year, a decrease of 5% versus June 2024.

Versus last year, the total number of homes available this month is lower by 35 units or 17%. The total number of active inventory this June was 174 compared to 209 in June 2024. This month's total of 174 is lower than the previous month's total supply of available inventory of 189, a decrease of 8%.

Last June, the median sale price for Seaford, Laurel, and Western Sussex County Homes was $330,000. This June, the median sale price was $344,990, an increase of 5% or $14,990 compared to last year. The current median sold price is 1% 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.

In June, there was 3.2 months of supply available in Seaford, Laurel, and Western Sussex County, compared to 3.6 in June 2024. That is a decrease of 12% 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 65 homes newly listed for sale in Seaford, Laurel, and Western Sussex County compared to 103 in June 2024, a decrease of 37%. There were 65 current contracts pending sale this June compared to 62 a year ago. The number of current contracts is 5% higher than last June.

In June, the average sale price in Seaford, Laurel, and Western Sussex County was 98.8% of the average list price, which is 1.9% lower than at this time last year.

This month, the average number of days on market was 65, higher than the average last year, which was 32, an increase of 103%.





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

Zip Code(s): 19973, 19956, 19950, 19933, 19940 and 19931
Units Sold 55	Active Inventory 174	Median Sale Price $344,990	Days On Market 65

Down -5% Vs. Year Ago	Down -17% Vs. Year Ago	Up 5% Vs. Year Ago	Up 103% Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 55 sold this month in Seaford, Laurel, and Western Sussex County Real Estate versus 58 last month, a decrease of 5%. This month's total units sold was lower than at this time last year, a decrease of 5% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 35 units or 17%. The total number of active inventory this June was 174 compared to 209 in June 2024. This month's total of 174 is lower than the previous month's total supply of available inventory of 189, a decrease of 8%.
		Median Sale Price Last June, the median sale price for Seaford, Laurel, and Western Sussex County Homes was $330,000. This June, the median sale price was $344,990, an increase of 5% or $14,990 compared to last year. The current median sold price is 1% 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.



New Listings 65	Current Contracts 65	Sold Vs. List Price 98.8%	Months of Supply 3.2

Down -37% Vs. Year Ago	Up 5% Vs. Year Ago	Down -1.9% Vs. Year Ago	Down -12% Vs. Year Ago


		Months of Supply In June, there was 3.2 months of supply available in Seaford, Laurel, and Western Sussex County, compared to 3.6 in June 2024. That is a decrease of 12% 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 65 homes newly listed for sale in Seaford, Laurel, and Western Sussex County compared to 103 in June 2024, a decrease of 37%. There were 65 current contracts pending sale this June compared to 62 a year ago. The number of current contracts is 5% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Seaford, Laurel, and Western Sussex County was 98.8% of the average list price, which is 1.9% lower than at this time last year. Days on Market This month, the average number of days on market was 65, higher than the average last year, which was 32, an increase of 103%.


	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.