Delaware County Quarter 2 Market Statistics

By
Real Estate Agent with The Jessica Miller Team - Keller Williams Real Estate
Buyer New Page 1
Buyer's Market 1 2 3 4 5 Seller's Market

Delaware County Labor Market

In the first two months of the second quarter, 2,890 jobs were added to the payrolls of Delaware County.  As a result of these new jobs, the average monthly employment rate fell from 4.8% during the first quarter to 4.7% for April and May.  The strong employment climate may help to create demand for home purchases.  Favorable mortgage rates should augment this trend.

Delaware County Housing Market

Q1 08 Q1 08 Q2 2008 (Forecast)
Average Price $247,600 $272,300 Up
# Homes on the Market* 3,533 5,070 Same
" Homes Sold 1,119 1,704 Down
#New Homes Built ** 60 76 Down
Average # of Days on Market 74 69 Up

* Available as of June 30 2008
** During the first two months of 2nd quarter

This information has been reprinted from the Economic and Market Watch Report with permission from TREND.

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