SMYRNA, EAST DOVER, AND LITTLE CREEK HOUSING MARKET DATA

There was an increase in total units sold in May, with 77 sold this month in Smyrna, East Dover, and Little Creek Real Estate versus 61 last month, an increase of 26%. This month's total units sold was higher than at this time last year, an increase of 3% versus May 2024.

Versus last year, the total number of homes available this month is lower by 6 units or 4%. The total number of active inventory this May was 161 compared to 167 in May 2024. This month's total of 161 is lower than the previous month's total supply of available inventory of 166, a decrease of 3%.

Last May, the median sale price for Smyrna, East Dover, and Little Creek Homes was $310,000. This May, the median sale price was $325,000, an increase of 5% or $15,000 compared to last year. The current median sold price is 2% lower than in April.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In May, there was 2.1 months of supply available in Smyrna, East Dover, and Little Creek , compared to 2.2 in May 2024. That is a decrease of 6% 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 68 homes newly listed for sale in Smyrna, East Dover, and Little Creek compared to 79 in May 2024, a decrease of 14%. There were 49 current contracts pending sale this May compared to 70 a year ago. The number of current contracts is 30% lower than last May.

In May, the average sale price in Smyrna, East Dover, and Little Creek was 99.1% of the average list price, which is 1.6% lower than at this time last year.

This month, the average number of days on market was 39, higher than the average last year, which was 38, an increase of 3%.





FOCUS ON: SMYRNA, EAST DOVER, AND LITTLE CREEK HOUSING MARKET			MAY 2025

Zip Code(s): 19977, 19902, 19961 and 19901
Units Sold 77	Active Inventory 161	Median Sale Price $325,000	Days On Market 39

Up 3% Vs. Year Ago	Down -4% Vs. Year Ago	Up 5% Vs. Year Ago	Up 3% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 77 sold this month in Smyrna, East Dover, and Little Creek Real Estate versus 61 last month, an increase of 26%. This month's total units sold was higher than at this time last year, an increase of 3% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 6 units or 4%. The total number of active inventory this May was 161 compared to 167 in May 2024. This month's total of 161 is lower than the previous month's total supply of available inventory of 166, a decrease of 3%.
		Median Sale Price Last May, the median sale price for Smyrna, East Dover, and Little Creek Homes was $310,000. This May, the median sale price was $325,000, an increase of 5% or $15,000 compared to last year. The current median sold price is 2% lower than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 68	Current Contracts 49	Sold Vs. List Price 99.1%	Months of Supply 2.1

Down -14% Vs. Year Ago	Down -30% Vs. Year Ago	Down -1.6% Vs. Year Ago	Down -6% Vs. Year Ago


		Months of Supply In May, there was 2.1 months of supply available in Smyrna, East Dover, and Little Creek , compared to 2.2 in May 2024. That is a decrease of 6% 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 68 homes newly listed for sale in Smyrna, East Dover, and Little Creek compared to 79 in May 2024, a decrease of 14%. There were 49 current contracts pending sale this May compared to 70 a year ago. The number of current contracts is 30% lower than last May.
		Sale Price to List Price Ratio In May, the average sale price in Smyrna, East Dover, and Little Creek was 99.1% of the average list price, which is 1.6% lower than at this time last year. Days on Market This month, the average number of days on market was 39, higher than the average last year, which was 38, an increase of 3%.


	Smyrna, East Dover, and Little Creek are defined as properties listed in zip code/s 19977, 19902, 19961 and 19901.
	*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.