Real Estate Market Update for Newark, DE (March 2016)
Real estate market data for New Castle County and Newark, DE provided by Suzanne and Chris Rumsey of Rumsey Home Team, Patterson-Schwartz Real Estate.
New Castle County experienced a 9.2% increase in the number of sold homes through March 2016 compared to same time period in 2015 and a 1.5% increase in the median price of sold homes, from $204,500 to $207,500. The number of homes that went under contract through March 2016 increased 2.2% from 2015. Search New Castle County Homes.
Newark, DE experienced a 6.8% increase in the number of sold homes through March 2016 compared to same time period in 2015 and a 1.2% decrease in the median price of sold homes from $202,000 to $199,500. The number of homes that went under contract through March increased by 5.0% from 2015.
The most expensive home for sale in Newark, DE is a 4 bedroom, 3 bath home on New London Road. This home is listed $909,900. The least expensive home for sale in Newark, DE is a 2 bedroom, 1.1 bath townhouse which is listed for $65,000.
If you are considering buying or selling a home, now is a good time to do so. If you are considering buying or selling a home, please contact us for a free, no obligation consultation.
Chris and Suzanne Rumsey, Licensed in Delaware
Rumsey Home Team Patterson-Schwartz Real Estate
Email: suzanne.rumsey@psre.com, crumsey@psre.com
Phone: 302-722-6690
www.rumseyhometeam.com
680 S. College Ave
Newark, DE 19713
(302) 733-7000
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