Patterson-Schwartz Real EstateMarket Update - A Local Perspective
New Castle County, DE
New Castle County experienced a 26.1% increase in the number of sold homes for the first month of 2025 compared to 2024 and an 11.1% increase in the median sales price from $315,000 to $350,000. The number of homes that went under contract in the 1st month of 2025 increased 6.8% from 2024.
Kent County, DE
For the 1st month of 2025, Kent County experienced a 2.9% increase in the number of sold homes compared to 2024 and an 0.9% increase in the median sales price from $320,000 to $323,000. The number of homes that went under contract in the first month of 2025 increased 22.7% from 2024.
Sussex County, DE
For the first month of 2025, Sussex County experienced a 1.5% increase in the number of sold homes compared to 2024 and a 5.6% increase in the median sales price from $450,000 to $475,000. The number of homes that went under contract in the 1st month of 2025 increased 10.9% from 2024.
Southern Chester County, PA
Southern Chester County experienced a 14.0% decrease in the number of sold homes for the first month of 2025 compared to 2024 and an 2.7% decrease in the median sales price from $543,880 to $529,145. The number of homes that went under contract in January 2025 was the same as in January 2024.
Cecil County, MD
For the 1st month of 2025, Cecil County experienced a 14.3% decrease in the number of sold homes compared to 2024 and a 4.8% decrease in the median sales price from $325,000 to $309,500. The number of homes that went under contract in the 1st month of 2025 decreased 6.8% from 2024.
Reports are based on data supplied by Bright MLS. Bright MLS does not guarantee nor is responsible for its accuracy. Data maintained by an MLS may not reflect all real estate activities in the market. Information is deemed reliable but not guaranteed. Data is as of 2/7/2025.