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| SEPTEMBER 2025 | |||
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| Units Sold 20 |
Active Inventory 84 |
Median Sale Price $425,000 |
Days On Market 37 |
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| Down -20% Vs. Year Ago |
No Change Vs. Year Ago |
Up Vs. Year Ago |
Down -3% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in September, with 20 sold this month in Kent County Real Estate versus 30 last month, a decrease of 33%. This month's total units sold was lower than at this time last year, a decrease of 20% versus September 2024. |
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Active Inventory
The total number of homes available this month is 84 units, which is similar compared to a year ago. This month's total of 84 is lower than the previous month's total supply of available inventory of 88, a decrease of 5%. |
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Median Sale Price
Due to the relatively small number of units sold, the median sale price showed significant change this month. Last September, the median sale price for Kent County Homes was $320,000. This September, the median sale price was $425,000, an increase of $105,000 compared to last year. The current median sold price is 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. |
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| New Listings 32 |
Current Contracts 28 |
Sold Vs. List Price 97.3% |
Months of Supply 4.2 |
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| Down -14% Vs. Year Ago |
Up 4% Vs. Year Ago |
Down -3.2% Vs. Year Ago |
Up 25% Vs. Year Ago |
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Months of Supply
In September, there was 4.2 months of supply available in Kent County, compared to 3.4 in September 2024. That is an increase of 25% 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. |
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New Listings & Current Contracts
This month there were 32 homes newly listed for sale in Kent County compared to 37 in September 2024, a decrease of 14%. There were 28 current contracts pending sale this September compared to 27 a year ago. The number of current contracts is 4% higher than last September. |
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Sale Price to List Price Ratio
In September, the average sale price in Kent County was 97.3% of the average list price, which is 3.2% lower than at this time last year. Days on Market
This month, the average number of days on market was 37, lower than the average last year, which was 38, a decrease of 3%. | |||
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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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