2016 Summary Real Estate Report for New Castle County Delaware

Real Estate Agent with Patterson-Schwartz Real Estate

The figures are in, and 2016 for New Castle County, Delaware show a whole lot of caution was going on, with the public generally still hesitant to put their homes on the market. New listings were down 4%, but those who chose to list generally found this situation resulted in them getting a median sales price over 7% more than in 2015. Residential listings were down almost 13%, while single family detached inventory was down 14% over the previous year. Let’s hope the rising stock market will flow over to real estate. 

 2016 real estate market

And don’t forget what Franklin D. Roosevelt advised, “Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.”

Presented by Carolyn Roland, Your Older and Historic Homes Resource in Delaware and Southern Chester County, Pennsylvania.



This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Real Estate Market Trends
Delaware New Castle County
Activerain MLS Online
Heritage Properties, Historic Sites and Antiques .
Market Reports
Give Back
delaware market report
2016 delaware real estate

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Carolyn Roland-Historic Homes For Sale In Delaware and S. Chester County PA

Carolyn Roland, GRI, CRS
Carolyn: Tell me more about buying or selling older homes.
Spam prevention

Additional Information