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| MARCH 2025 | |||
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| Units Sold 379 |
Active Inventory 573 |
Median Sale Price $332,500 |
Days On Market 29 |
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| Down -16% Vs. Year Ago |
Down -15% Vs. Year Ago |
Up 2% Vs. Year Ago |
No Change Vs. Year Ago |
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Units Sold
There was an increase in total units sold in March, with 379 sold this month in Delaware County Real Estate versus 325 last month, an increase of 17%. This month's total units sold was lower than at this time last year, a decrease of 16% versus March 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 102 units or 15%. The total number of active inventory this March was 573 compared to 675 in March 2024. This month's total of 573 is lower than the previous month's total supply of available inventory of 682, a decrease of 16%. |
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Median Sale Price
Last March, the median sale price for Delaware County Homes was $325,000. This March, the median sale price was $332,500, an increase of 2% or $7,500 compared to last year. The current median sold price is 4% higher than in February. 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 546 |
Current Contracts 549 |
Sold Vs. List Price 100.8% |
Months of Supply 1.5 |
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| Down -8% Vs. Year Ago |
Up 3% Vs. Year Ago |
Up 1.3% Vs. Year Ago |
No Change Vs. Year Ago |
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Months of Supply
In March, there was 1.5 months of supply available in Delaware County. The amount of supply is similar compared to 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 546 homes newly listed for sale in Delaware County compared to 596 in March 2024, a decrease of 8%. There were 549 current contracts pending sale this March compared to 531 a year ago. The number of current contracts is 3% higher than last March. |
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Sale Price to List Price Ratio
In March, the average sale price in Delaware County was 100.8% of the average list price, which is 1.3% higher than at this time last year. Days on Market
This month, the average number of days on market was 29, which is similar compared to a year ago. | |||
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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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