Suburban Philadelphia Real Estate News


Castle Hills - A Great Housing Choice in New Castle DE

Castle Hills remains one of the most popular housing choices between downtown Wilmington and New Castle Delaware.

Castle Hills New Castle DECastle Hills was one of the earliest suburban developments spreading north from New Castle as growth continued after the war.  The community is located west of Route 9 (Wilmington Rd/ New Castle Avenue) just to the north of Rogers Manor Park and east of Moores Lane.  This location provides immediate access to I-295 Castle Hills Homes New Castle DEand the Delaware Memorial Bridge and easy routes for quick commutes into Wilmington, Philadelphia, and New Jersey.  It is also easily accessible from Route 13 by crossing over Boulden Boulevard at the first light south of the Route 13 and I-295 intersection.

Today, Castle Hills is a well established suburban community of over 490 homes.  Development began in the 1950's with the first homes being completed in 1953.  Building began in the south along Moores Lane across from the Castle Hills Elementary School, part of the Colonial School District, and generally spread north and east from there.  New Castle DE HomesConstruction in the community was largely complete by 1956, although scattered infill homes have continued to be built.  By far the most popular design built in Castle Hills was the small ranch homes.  These were originally built on concrete slabs and were generally 850 to just over 1000 square feet.  Over time, these tended to grow to average over 1000 sq ft by 1956 and included some two story and split level properties by that time. 

Castle Hills Ranch Home New Castle DEAs we have seen throughout the area, pricing in Castle Hills also peaked in the 2006-2007 time frame.  In both years, the sales price averaged $163,000 with 28 sales in 2006 and 15 sales in 2007.  Since that time prices have fallen with 11 sales in 2008 averaging $150,000, 11 sales in 2009 for an average price of $136,000, and 3 sales year to date averaging $133,000.  There are also two pending sales with an average list price of $134,000 and 7 homes currently on the market averaging $171,000.

For potential homeowners, Castle Hills offers the convenience of being close to major transportation routes, solid comfortable homes in a variety of configurations, and a nice active community.  A great choice to call home in the New Castle DE area.

David Henke
Long & Foster Real Estate Inc - Newtown Square,PA/Bear, DE
Office: 610-353-1199/Direct: 610-359-3853/Cell: 610-618-0808

Comment balloon 0 commentsDavid Henke • March 31 2010 09:20PM


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