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Michael Bishop
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Delaware Market Report

$377,214

AVERAGE PRICE OF 260 HOMES

$318,940

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,514,856

AVERAGE PRICE OF 9 MULTI-MILLION DOLLAR HOMES

$371,059

AVERAGE PRICE OF 46 NEWLY BUILT HOMES

$416,820

AVERAGE PRICE OF 37 HOMES WITH A POOL

$498,778

AVERAGE PRICE OF 75 REDUCED PRICE HOMES

Average Home

Average Price $377,214
Avg Bedrooms 3.57 beds
Avg Bathrooms 3.23 baths

Average Price by Bedrooms

2 bedrooms $208,136
3 bedrooms $266,952
4 bedrooms $393,530
5 bedrooms $800,048
Delaware Home Price Trends
  5/2018 4/2018 3/2018 2/2018 1/2018
Total Listings 260 214 177 169 169
Average Price $372,589 $385,255 $398,067 $394,820 $376,085
Avg Price Change -3.40% -3.33% +0.82% +4.98% -0.39%
Median Price $291,001 $294,508 $299,408 $293,528 $285,192
Med Price Change -1.21% -1.66% +2.00% +2.92% -1.51%
Avg Bedrooms 3.48 beds 3 beds 3 beds 3 beds 3 beds
Avg Bathrooms 3.15 baths 3.22 baths 3.24 baths 3.04 baths 2.99 baths
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 260 $377,214 73 days
Distressed Homes 5 $318,940 31 days
Multi-Million Dollar Homes 9 $1,514,856 174 days
Newly Built Homes 46 $371,059 80 days
Homes with a Pool 37 $416,820 74 days
Reduced Price Homes 75 $498,778 109 days