pricing: Year-End Market Report for New Castle County Real Estate - 01/04/12 07:43 AM

The year-end figures are in for New Castle County, Delaware real estate, and we are not surprised to see the results. New listings were down almost 13% for the year, while closed sales were up almost 18% for the month of December, but only 4% for the year. Prices were down 8% for the year, bringing the median sales price down from $212,000 in 2010 to $195,000 for 2011.
This drop in sale prices is keeping many homes off the market, with almost 17% less single-family homes in inventory at the end of 2011 compared to 2010.  I predict that … (2 comments)

pricing: New Castle County November Market Report - 12/13/11 03:24 AM

The market report for New Castle County, Delaware for November 2011 is in, and as you can see, there is good news and bad news.  Not as many people are trying to sell their homes, but of the ones who do, they have brought their asking prices down, therefore driving buyers to make successful offers. So there are about 25% more closed and pending sales than last year, but prices are down 13%.  This dive in prices is being driven by foreclosures and bank sales, which influence appraisers who are trying to determine values. Sellers are holding on to their … (0 comments)

 
Carolyn Roland- In Delaware and S. Chester County PA, Carolyn Roland, GRI, CRS (Independent architectural histor'n)

Carolyn Roland- In Delaware and S. Chester County PA

Carolyn Roland, GRI, CRS

Wilmington, DE

More about me…

Independent architectural histor'n

Address: Patterson-Schwartz Real Estate, 7234 Lancaster Pike, Hockessin, DE, 19707

Office: (302) 239-3000

Mobile: (302) 593-5111

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