Stonewold Greenville DE Homes Real Estate Update

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Real Estate Agent with Long & Foster Real Estate, Inc

Stonewold home pricing has now stablized and remains one of the top home choices in the Greenville area.

Stonewold Greenville DESince my last market update in October 2010, Stonewold home prices and sales activity have both softened. In 2010, while average prices held up at $751,000, there were only 3 sales with an average of 87 days on the market. Individually home prices ranged from $710,000 to $820,000.

Stonewold home prices then fell in both 2011 and 2012. In 2011, 3 homes sold for an average price of $678,000. Stonewold Homes Wilmington DEIn 2012, the prices eased further to an average price of $651,000, but the sales pace began to recover with 7 sales for the year. In both years, prices ranged from $550,000 to $775,000.

This year to date there has been one completed sale for $750,000. In addition, there are two sales pending that were listed for an average price of $614,000. There are also 2 homes currently on the market with an average asking price of $719,000 and individually listed at $679,000 and $759,000. At this point it again appears that average prices will remain in the mid to high $600,000 range.

Although prices are down from their peak, it appears that they are now stabilizing and volume is supporting these price levels. With its great location and competitive pricing, Stonewold should continue to be a top choice in the area for years. For more complete background information on the community, be sure to check out my earlier Stonewold update here.

David Henke
Long & Foster Real Estate Inc – Wilmington, DE/Devon, PA
Office: 302-834-3431/Direct: 610-618-0808
www.DelawarePAHomes.com

(All statistics per the TrendMLS System and believed accurate but not guaranteed)

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John Meussner
Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA, - Walnut Creek, CA
#MortgageMadeEasy Walnut Creek, CA 484-680-4852

Nice post David, looks like a great great place to live - Greenville is a really great, convenient location.  Glad to see sales picking up!

Mar 15, 2013 06:24 AM #1
Rainmaker
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David Henke
Long & Foster Real Estate, Inc - Newtown Square, PA
Realtor, Homes Just West of Philadelphia PA

Thank you. Market really turned in the county last year and 2013 is beginning even stronger.

Mar 15, 2013 10:46 PM #2
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David Henke

Realtor, Homes Just West of Philadelphia PA
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