Brandywine Hundred North Wilmington Delaware Market Report April 2013
The number of residential homes for sale in the month of April 2013 was 403, down 8.8% from 442 units one year prior and up 8.9% from 370 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 $239,000, up 3.4% from last year which had a median listing price of $231,250.
Brandywine Hundred North Wilmington 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 53 days, down 47% from 102 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 $250,000, up 2.5% compared to $244,000 last year and up 1.7% compared to $245,750 in prior month. Overall, the number of units sold was 67, down 5.6% from 71 units sold last year and up 24.1% from 54 units sold in prior month. Despite this slight annual decrease, this upward monthly sales trend indicates positive momentum.
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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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