Hockessin Delaware 19707 Market Report April 2013
The number of residential homes for sale in the month of April 2013 was 83, down 9.8% from 92 units one year prior and up 38.3% from 60 units in previous month. This recent increase reflected a larger selection of homes for buyers to choose from. The median listing price for the month was $399,900, up 6.7% from last year which had a median listing price of $374,950.
Hockessin-Greenville-Centreville Delaware Area
April 2013 Residential SOLD Activity
Compared to last year, the average number of days homes stayed on the market before going under contract was 54 days, down 47% from 108 days one year prior. This lower number of days may signal a positive trend in the local inventory turnover rate. Meanwhile, the median sale price was 329,950, down 2.5% compared to $338,500 last year and up 13.8% compared to $290,000 in prior month. Overall, the number of units sold was 20, up 11.1% from 18 units sold last year and up 66.7% from 12 units sold in prior month. These figures may indicate that buyers have taken advantage of pricing and low mortgage interest rates.
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Information provided here is for personal, non-commercial use of consumers and may not be used for any other purpose. Information based on MLS data and is believed to be reliable, but not guaranteed and should be independently investigated and verified.
Letitia Stevenson, REALTOR® | Licensed in DE, PA & MD |
Berkshire Hathaway HomeServices Fox & Roach, REALTORS®
(Formerly Prudential Fox & Roach, REALTORS®)
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