Suburban Philadelphia Real Estate News

head_left_image

Delaware County PA and New Castle County DE By the Numbers

As of this morning, the MLS shows that both New Castle County DE and Delaware County PA have closed exactly the same number of properties - 4,477 properties sold in each county year to date.

This also happened in June for Chester County and Delaware County so I thought this would be a good time for another quick sales update for Delaware County PA, Chester County PA, and New Castle County DE.

 

Delaware County PA: Currently there are 1,367 properties on the market or coming soon, 857 properties pending, and 4,477 properties sold. This compares to 2018 with 1,736 on the market, 912 pending, and 4,635 sold. We are currently running about 3.5% behind last year in properties sold along with lower inventories and lower pending.

 

New Castle County DE: Currently there are 1,451 properties on the market or coming soon, 901 pending, and 4,477 sold. In 2018, there were 1,717 on the market, 967 pending, and 4732 sold. This puts us about 5% behind last year also with lower active listings and pending properties.

 

Chester County PA: Chester County is now the strongest area with 1,705 on the market, 1047 pending, and 4,571 sold year to date. In 2018, there were 2,083 on the market, 1,167 pending, and 4,808 sold. These numbers also put us about 5% behind last year.

 

Overall the market activity continues to show weakness throughout all three counties compared to 2018. On the other hand, we have gained versus the weak numbers we saw in June . With the continued volatility in the econmy, markets, and activity worldwide, the market could continue to exhibit some weakness through the remainder of the year.

 

David Henke
Long & Foster Real Estate Inc – Devon, PA/Wilmington, DE
Office: 610-225-7400/Direct: 610-618-0808
http://www.DelawarePAHomes.com

 (All statistics per the Bright MLS System and believed accurate but not guaranteed)

Comment balloon 1 commentDavid Henke • August 24 2019 02:36PM
Delaware County PA and New Castle County DE By the Numbers
share
As of this morning, the MLS shows that both New Castle County DE and Delaware County PA have closed exactly the same number of properties - 4, 477 properties sold in each county year to date. This also happened in June for Chester County and Delaware… more
Happy July 4 2019!
share
Happy July 4 2019! (Something a little different from the Delaware Museum of Natural History) Relax and enjoy the day with family and friends. Have a great one! David Henke Long & Foster Real Estate, Inc Devon PA / Wilmington DE Office… more
Happy July 4th 2017
share
Happy July 4th! A bit of a soggy mess to end a great day but it looks like it will be clear so the fireworks can go on… I hope everyone had a great holiday. Enjoy the rest of the summer. Happy 4th! David Henke Long & Foster Real… more
Happy Summer 2017
share
Have a Great Summer This Year! A bit cloudy to start but hope everyone has a great and relaxing summer! David Henke Long & Foster Real Estate Inc – Devon, PA/Wilmington, DE Office: 610-225-7400/Direct: 610-618-0808 http://www… more
Happy Easter 2017
share
Happy Easter 2017 A perfect April morning for a Riverfront Easter Sunrise Service in Wilmington Delaware. Take some time to reflect, relax, and enjoy the day. David Henke Long & Foster Real Estate Inc – Devon, PA/Wilmington, DE Office: 610… more
Happy New Years 2017!
share
Relax, Enjoy, and Recharge for a great 2017! David Henke Long & Foster Real Estate Inc – Devon, PA/Wilmington, DE Office: 610-225-7400/Direct: 610-618-0808 www. DelawarePAHomes. com more
Happy 2016 Labor Day to All
share
Happy 2016 Labor Day to All! Well we dodged that storm and can safely enjoy the remainder of the weekend. I hope everyone has a restful and happy remaining Labor Day weekend. Take some time to get ready for fall. Enjoy! David Henke Long &… more
Merry Christmas 2014
share
Merry Christmas! David Henke Long & Foster Real Estate Inc – Devon, PA/Wilmington, DE Office: 610-225-7400/Direct: 610-618-0808 www. DelawarePAHomes. com more
Westmoreland Homes and Real Estate Update Wilmington DE 19807
share
Westmoreland home prices have dropped and now appear to be stabilizing in line with other communities in the area. Westmoreland is a smaller community of approximately 45 single family homes on the east side of DuPont Rd within the Wilmington… more
Westhaven & West Park Homes and Real Estate Update DE 19807
share
Westhaven and West Park are ideal home choices for those looking for great classic housing in a convenient close to Wilmington location. Westhaven and West Park are two neighboring developments adjacent to Westover Hills They are located… more