SMYRNA, EAST DOVER, AND LITTLE CREEK HOUSING MARKET DATA

There was a decrease in total units sold in June, with 61 sold this month in Smyrna, East Dover, and Little Creek Real Estate versus 79 last month, a decrease of 23%. This month's total units sold was lower than at this time last year, a decrease of 10% versus June 2024.

Versus last year, the total number of homes available this month is lower by 8 units or 5%. The total number of active inventory this June was 168 compared to 176 in June 2024. This month's total of 168 is lower than the previous month's total supply of available inventory of 181, a decrease of 7%.

Last June, the median sale price for Smyrna, East Dover, and Little Creek Homes was $389,490. This June, the median sale price was $347,500, a decrease of 11% or $41,990 compared to last year. The current median sold price is 7% 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 2.8 months of supply available in Smyrna, East Dover, and Little Creek , compared to 2.6 in June 2024. That is an increase 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 73 homes newly listed for sale in Smyrna, East Dover, and Little Creek compared to 75 in June 2024, a decrease of 3%. There were 64 current contracts pending sale this June compared to 56 a year ago. The number of current contracts is 14% higher than last June.

In June, the average sale price in Smyrna, East Dover, and Little Creek was 99.7% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 38, higher than the average last year, which was 25, an increase of 52%.





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

Zip Code(s): 19977, 19902, 19961 and 19901
Units Sold 61	Active Inventory 168	Median Sale Price $347,500	Days On Market 38

Down -10% Vs. Year Ago	Down -5% Vs. Year Ago	Down -11% Vs. Year Ago	Up 52% Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 61 sold this month in Smyrna, East Dover, and Little Creek Real Estate versus 79 last month, a decrease of 23%. This month's total units sold was lower than at this time last year, a decrease of 10% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 8 units or 5%. The total number of active inventory this June was 168 compared to 176 in June 2024. This month's total of 168 is lower than the previous month's total supply of available inventory of 181, a decrease of 7%.
		Median Sale Price Last June, the median sale price for Smyrna, East Dover, and Little Creek Homes was $389,490. This June, the median sale price was $347,500, a decrease of 11% or $41,990 compared to last year. The current median sold price is 7% 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 73	Current Contracts 64	Sold Vs. List Price 99.7%	Months of Supply 2.8

Down -3% Vs. Year Ago	Up 14% Vs. Year Ago	No Change Vs. Year Ago	Up 6% Vs. Year Ago


		Months of Supply In June, there was 2.8 months of supply available in Smyrna, East Dover, and Little Creek , compared to 2.6 in June 2024. That is an increase 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 73 homes newly listed for sale in Smyrna, East Dover, and Little Creek compared to 75 in June 2024, a decrease of 3%. There were 64 current contracts pending sale this June compared to 56 a year ago. The number of current contracts is 14% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Smyrna, East Dover, and Little Creek was 99.7% 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 38, higher than the average last year, which was 25, an increase of 52%.


	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.