Market Update - A Local Perspective

New Castle County, DE

New Castle County experienced a 14.8% increase in the number of sold homes for the first quarter of 2021 compared to 2020 and a 11.2% increase in the median sales price from $236,000 to $262,500. The number of homes that went under contract in the 1st three months of 2021 decreased 3.6% from 2020.

Kent County, DE

For the 1st three months of 2021, Kent County experienced a 15.6% increase in the number of sold homes compared to 2020 and an 8.7% increase in the median sales price from $230,000 to $250,000. The number of homes that went under contract in the first quarter of 2021 increased 4.2% from 2020.

Sussex County, DE

For the first quarter of 2021, Sussex County experienced a 24.8% increase in the number of sold homes compared to 2020 and a 10.3% increase in the median sales price from $300,000 to $331,000. The number of homes that went under contract in the 1st three months of 2021 increased 17.9% from 2020.

Southern Chester County, PA

Southern Chester County experienced a 22.0% increase in the number of sold homes for the 1st three months of 2021 compared to 2020 and a 6.3% increase in the median sales price from $395,000 to $419,950. The number of homes that went under contract in the first quarter of 2021 increased 22.0% from 2020.

Cecil County, MD

For the first quarter of 2021, Cecil County experienced a 17.6% increase in the number of sold homes compared to 2020 and a 19.6% increase in the median sales price from $230,000 to $275,000. The number of homes that went under contract in the 1st three months of 2021 increased 17.6% from 2020.

Reports are based on data supplied by Bright MLS.  Bright MLS does not guarantee nor is responsible for its accuracy. Data maintained by an MLS may not reflect all real estate activities in the market. Information is deemed reliable but not guaranteed. 
Data is as of 4/9/2021.


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