In Kent County, Delaware, stretching from Smyrna to Milford, average sale prices in the last quarter were up less than 1% over the same time in 2012. You can compare this with neighboring New Castle County, discussed in my New Castle County blog article.
Median prices were down almost 4% over the same period.
The number of homes for sale was down 6% from the previous year.
One similarity to New Castle County is the number of closed sales, both just under 8%.
The months' supply of houses is somewhat better than the 13 months to the north, but still a negative 7%.
Activity in my office seems to be up for March, so I hope my next quarterly report will bring a much better picture for the real estate market in New Castle and Kent Counties in Delaware, and Southern Chester County, Delaware.
Please stop by the Carolyn Roland website for the most current group of homes for sale in Delaware and Chester County, Pennsylvania. And if you want to see what your home may sell for, contact me at email Carolyn Roland.