Happy New Year! As we begin a new year, take a moment and review our current market summary to learn about local housing trends. We've also included some timely home and lifestyle-related articles and videos to keep you informed on the latest in everything from interior decorating trends to personal finance advice. |
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Contact Information:
Suzanne and Chris Rumsey
Direct: 302-722-6690
Office: 302-733-7000
e-mail:
srumsey@psre.com
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Market Update - A Local Perspective The housing activity for the year 2016 as compared to that of 2015.read more
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How to Create a Paperless Home While a paperless environment is becoming the norm in the work world, it may be a different story at home.read more
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Why Dogs Make Us Better People According to one study, dogs enhance our overall well-being, providing a range of emotional, behavioral and physical benefits for their humans.read more
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Video - Clean Up Fast Before a Walk Through Is your home on the market? Preparing for a walk-through can be tough, especially when you're still living in the house. Here's how to tidy up in a hurry.watch now
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Market Area Update, January 1, 2016 - December 31, 2016
All New Castle County
Number of New Listings: 9384
Number Sold: 6588
Median Sale Price: $220,000
Average Sale Price: $243,044
Percent of List Price: 94.90%
Average Days on Market: 66
Click here to view a graph of market activity.
Here are a few of the actual home sales that closed in All New Castle County
from January 1, 2016 to December 31, 2016
* 1 Odessa Street, New Castle ($84,500)
* 116 Chandler Lane, Centreville ($1,312,000)
* 1401 Pennsylvania Avenue #1603, Wilmington ($80,000)
* 1406 Old Lancaster Pike, Hockessin ($242,500)
* 321 Delaware Avenue, Claymont ($206,000)
* 34 The Horseshoe, Newark ($299,900)
* 4 Thunder Hollow Road, Wilmington ($335,000)
* 411 Glenturret Way, Townsend ($345,050)
* 426 S Broom Street, Wilmington ($43,500)
* 68 Centerville Terrace, Wilmington ($419,000)
Brandywine
Number of New Listings: 1473
Number Sold: 1076
Median Sale Price: $265,000
Average Sale Price: $271,329
Percent of List Price: 94.95%
Average Days on Market: 62
Click here to view a graph of market activity.
Here are a few of the actual home sales that closed in Brandywine
from January 1, 2016 to December 31, 2016
* 1012 Darley Road, Wilmington ($569,900)
* 107 Mullin Road, Wilmington ($500,000)
* 14 S Rockland Falls Road, Rockland ($349,000)
* 161 Paladin Drive, Wilmington ($43,000)
* 1900 Old Wood Road, Wilmington ($338,000)
* 2301 Clearview Avenue, Wilmington ($185,000)
* 2410 Silverside Road, Wilmington ($273,000)
* 321 Delaware Avenue, Claymont ($206,000)
* 4 Bell Hill Road, Wilmington ($140,000)
* 6701 Pleasant Court #6701, Wilmington ($95,000)
Hockssn/Greenvl/Centrvl
Number of New Listings: 493
Number Sold: 308
Median Sale Price: $420,000
Average Sale Price: $507,255
Percent of List Price: 91.04%
Average Days on Market: 96
Click here to view a graph of market activity.
Here are a few of the actual home sales that closed in Hockssn/Greenvl/Centrvl
from January 1, 2016 to December 31, 2016
* 105 Alexis Court, Hockessin ($365,000)
* 114 Galileo Court, Hockessin ($393,000)
* 116 Chandler Lane, Centreville ($1,312,000)
* 1406 Old Lancaster Pike, Hockessin ($242,500)
* 15 Oxford Way, Wilmington ($651,100)
* 2100 Graves Road, Hockessin ($300,000)
* 3940 Centerville Road, Greenville ($390,000)
* 4109 Kennett Pike, Greenville ($375,000)
* 517 Ridgeview Drive, Hockessin ($405,000)
* 903 Barley Mill Road, Greenville ($710,000)
Elsmere/Newport/Pike Creek
Number of New Listings: 1374
Number Sold: 958
Median Sale Price: $193,750
Average Sale Price: $201,861
Percent of List Price: 94.95%
Average Days on Market: 63
Click here to view a graph of market activity.
Here are a few of the actual home sales that closed in Elsmere/Newport/Pike Creek
from January 1, 2016 to December 31, 2016
* 12 Elliott Avenue, Wilmington ($119,600)
* 15 S Sycamore Street, Wilmington ($189,000)
* 2716 Burnley Road, Wilmington ($205,000)
* 310 Quimby Drive, Wilmington ($445,000)
* 3375 Champions Drive, Wilmington ($199,900)
* 4 Thunder Hollow Road, Wilmington ($335,000)
* 5422 Valley Green Drive #C2, Wilmington ($70,000)
* 5508 E Timberview Court, Wilmington ($405,000)
* 68 Centerville Terrace, Wilmington ($419,000)
* 837 9th Avenue, Wilmington ($26,600)
New Castle/Red Lion/Del.City
Number of New Listings: 950
Number Sold: 665
Median Sale Price: $159,500
Average Sale Price: $170,354
Percent of List Price: 95.15%
Average Days on Market: 61
Click here to view a graph of market activity.
Here are a few of the actual home sales that closed in New Castle/Red Lion/Del.City
from January 1, 2016 to December 31, 2016
* 1 Odessa Street, New Castle ($84,500)
* 108 Adair Avenue, New Castle ($140,000)
* 120 E 2nd Street, New Castle ($242,500)
* 122 E 2nd Street, New Castle ($202,500)
* 16 Berks Court, New Castle ($145,000)
* 220 Adams Street, Delaware City ($75,000)
* 4 N Booth Drive, New Castle ($170,000)
* 411 Stonebridge Boulevard, New Castle ($121,000)
* 69 W 5th Street, New Castle ($245,000)
* 911 5th Street, Delaware City ($240,000)
Newark/Glasgow
Number of New Listings: 2427
Number Sold: 1901
Median Sale Price: $217,000
Average Sale Price: $234,743
Percent of List Price: 95.76%
Average Days on Market: 60
Click here to view a graph of market activity.
Here are a few of the actual home sales that closed in Newark/Glasgow
from January 1, 2016 to December 31, 2016
* 1 Tanglewood Lane, Newark ($280,000)
* 1012 Powell Court, Bear ($445,000)
* 1122 Powderhorn Drive, Newark ($189,900)
* 34 The Horseshoe, Newark ($299,900)
* 425 Barley Drive, Newark ($110,000)
* 436 Calburn Court, Bear ($138,000)
* 450 Shai Circle, Bear ($149,900)
* 525 S Twin Lakes Boulevard, Newark ($250,000)
* 606 Shue Drive, Newark ($194,000)
* 85 Versailles Court, Newark ($147,000)
Wilmington
Number of New Listings: 1475
Number Sold: 871
Median Sale Price: $125,000
Average Sale Price: $157,174
Percent of List Price: 90.73%
Average Days on Market: 91
Click here to view a graph of market activity.
Here are a few of the actual home sales that closed in Wilmington
from January 1, 2016 to December 31, 2016
* 1313 N Orange Street, Wilmington ($201,000)
* 1401 Pennsylvania Avenue #1603, Wilmington ($80,000)
* 1813 Beech Street, Wilmington ($134,965)
* 1911 N Scott Street, Wilmington ($269,900)
* 210 W 18th Street, Wilmington ($165,000)
* 217 Bayard Avenue, Wilmington ($168,000)
* 2423 W 2nd Street, Wilmington ($139,100)
* 2604 W 16th Street, Wilmington ($1,400,000)
* 316 S Claymont Street, Wilmington ($25,500)
* 426 S Broom Street, Wilmington ($43,500)
South Of The Canal
Number of New Listings: 1192
Number Sold: 809
Median Sale Price: $329,900
Average Sale Price: $325,315
Percent of List Price: 97.99%
Average Days on Market: 58
Click here to view a graph of market activity.
Here are a few of the actual home sales that closed in South Of The Canal
from January 1, 2016 to December 31, 2016
* 103 Hagerty Place, Townsend ($240,000)
* 1850 Congressional Village Drive #5201, Middletown ($125,000)
* 200 Sloop Lane, Middletown ($429,000)
* 244 Camerton Lane, Townsend ($177,500)
* 3 Arlinda Court, Odessa ($319,837)
* 308 Jessica Drive, Middletown ($312,250)
* 411 Glenturret Way, Townsend ($345,050)
* 4638 Summit Bridge Road, Middletown ($52,000)
* 58 Cole Boulevard, Middletown ($77,000)
* 603 Ravenglass Drive, Townsend ($415,000)
All Kent County
Number of New Listings: 3371
Number Sold: 2084
Median Sale Price: $198,250
Average Sale Price: $199,412
Percent of List Price: 94.80%
Average Days on Market: 86
Click here to view a graph of market activity.
Here are a few of the actual home sales that closed in All Kent County
from January 1, 2016 to December 31, 2016
* 113 N West Street, Harrington ($125,000)
* 122 Lovers Lane, Felton ($114,000)
* 13 Bluegrass Boulevard, Smyrna ($265,000)
* 324 Jebb Road, Camden Wyoming ($325,000)
* 4822 Park Brown Road, Harrington ($305,000)
* 5604 Westville Road, Hartly ($850,000)
* 568 Owens Brooke Drive, Smyrna ($310,000)
* 594 Black Swamp Road, Felton ($410,000)
* 67 Black Cherry Dr #lot215, Camden Wyoming ($189,900)
* 87 Silver Meadows Lane, Dover ($262,500)
CECIL County, MD
Number of New Listings: 1961
Number Sold: 1366
Median Sale Price: $199,750
Average Sale Price: $214,250
Percent of List Price: 92.75%
Average Days on Market: 91
Click here to view a graph of market activity.
Here are a few of the actual home sales that closed in CECIL County, MD
from January 1, 2016 to December 31, 2016
* 1207 CRYSTAL BEACH RD, EARLEVILLE ($28,500)
* 412 ROWLAND DR #412, PORT DEPOSIT ($159,000)
* 111 RED TOAD RD, NORTH EAST ($124,000)
* 515 CHARLES ST, PERRYVILLE ($176,000)
* 41 RIVER MIST DR, ELKTON ($323,000)
* 7 CREDENCE CT, NORTH EAST ($113,968)
* 34 LEEWARD CT, ELKTON ($126,000)
* 31 HARFORD VIEW DR, PORT DEPOSIT ($425,000)
* 9A OWENS LANDING CT #9A, PERRYVILLE ($182,500)
* 43 CRESCENT LINKS DR, NORTH EAST ($339,000)
HARFORD County, MD
Number of New Listings: 5383
Number Sold: 3834
Median Sale Price: $240,000
Average Sale Price: $264,846
Percent of List Price: 95.55%
Average Days on Market: 67
Click here to view a graph of market activity.
Here are a few of the actual home sales that closed in HARFORD County, MD
from January 1, 2016 to December 31, 2016
* 307 TALBOT CT, ABINGDON ($141,200)
* 308 AIKEN TER, ABINGDON ($262,900)
* 1701 WALTERS MILL RD, FOREST HILL ($725,000)
* 614 STOKES RD, DARLINGTON ($240,000)
* 709 OLD ST MARY'S RD, PYLESVILLE ($119,900)
* 3627 LONGRIDGE CT, ABINGDON ($181,900)
* 320 REGAL DR, ABINGDON ($355,000)
* 339 PINTAIL DR, HAVRE DE GRACE ($201,200)
* 3618 WOODHOLME DR, JARRETTSVILLE ($357,500)
* 1302 CLOVER VALLEY WAY #M, EDGEWOOD ($53,700)
KENT County, MD
Number of New Listings: 506
Number Sold: 326
Median Sale Price: $200,000
Average Sale Price: $254,845
Percent of List Price: 85.06%
Average Days on Market: 178
Click here to view a graph of market activity.
Here are a few of the actual home sales that closed in KENT County, MD
from January 1, 2016 to December 31, 2016
* Undisclosed Address, CHESTERTOWN ($1,000,004)
* Undisclosed Address, GALENA ($210,000)
* 21112 KANSAS AVE, CHESTERTOWN ($500,000)
* 31890 RIVER PARK RD, MILLINGTON ($41,333)
* 5639 LANGFORD BAY RD, CHESTERTOWN ($515,000)
* 7184 ROCK HALL RD, ROCK HALL ($250,000)
* 25062 LAMBS MEADOW RD, WORTON ($7,000)
* 23993 CLIFF DRIVE EXT, WORTON ($650,000)
* 223 PHILOSOPHERS TER, CHESTERTOWN ($150,000)
* 32072 RIVER RD, MILLINGTON ($162,500)
Information comes at us from every angle, but how do you know what is good and what is bad? Look to the experts when it comes to home buying and selling. As a Patterson-Schwartz Sales Associate, Chris and I combine the resources of the area's leading residential real estate company with our personal business expertise. We look forward to the opportunity to put our skills to work for you.
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