Initial 2013 Delaware County PA home sales activity indicates a stronger area market.
It usually takes another week or so to have the accurate home sales statistics but the initial numbers indicate a stronger 2013.
Through February for all Delaware County we are seeing:
Active Listings On the Market: 2894 homes (down 23% from 2012)
Homes Under Contract: 724 homes ( up 9% from 2012)
Homes Sold Year to Date: 478 homes (up 18% from 2012)
After several years of a relaxed market, we are finally seeing some stronger signs of activity. Listings are declining both here and in surrounding counties***. Homes under contract are rising nicely and sales are following. This bodes well for pricing and sales as we enter the next two months which are traditionally the most active months for both new listings and homes going under contract. (Settlements usually peak in June and August)
These numbers will be updated once we have the final month end sales figures and pricing through February. For all the current Delaware County Listings feel free to search SearchMediaHomes.com .
*** The above compares to activity in Chester County:
Active: 2700 (-18%)
Under Contract: 817 (+25%)
Sold: 579 (+8%)
and activity in New Castle County Delaware:
Active: 2089 (-23%)
Under Contract: 838 (+7%)
Sold: 601 (+0%)
Long & Foster Real Estate Inc – Devon, PA/Wilmington, DE
Office: 610-225-7400/Direct: 610-618-0808
(All statistics per the TrendMLS System and believed accurate but not guaranteed)