Here is a snapshot for New Castle County, Delaware home sales for the second quarter 2008.

The number of homes for sale as of June 30th was 4747 compared to 4408 in 2007, an 8% increase.

The number of homes sold year-to-date 2368 compared to 3570 for the same period in 2007. A 34% decrease.

The median sales price for the quarter was 234,000 compared to 240,000 for same period in 2007, a 2.5% decrease.

The months supply of inverntory is 8.8 months compared to 5.1 months this time last year, representing a 72% increase.

The average time on market was 68 days compared to 47 days same period in 2007, a 45% increase.

This information is from the HomExpert Market Watch report from Prudential Fox & Roach.