This market summary is powered by Altos Research – click here to run a free report for your area. By the end of the year, inventory had increased to 1,285 homes on the market (+21%), with a median home price of $473,500 (+18%) and an average price per square foot of $260 (+18%).Īt the start of 2022, the median days on market (DOM) was 63 days – by the end of the year, median DOM had increased to 77 days.ĭelaware started the year with 17% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 38% of Delaware homes for sale had taken a price cut.įinally, Altos’ proprietary Market Action Index (MAI) shows that Delaware started 2022 as a strong seller’s market, with an MAI score of 48 by the end of the year, the MAI had dropped to 31 – a balanced buyer and seller’s market. Real estate is not just my profession, it is also my passion.Berkshire Hathaway HomeServices Fox & Roach, REALTORSĭownload the Rankings 2022 Market Summaryĭelaware started 2022 with a total of 1,061 single-family homes on the market, with a median home price of $400,000 and an average price per square foot of $220. Patterson-Schwartz Real Estate, Hockessin, Delaware. If you would like a free market report on your current home, assistance in finding a new home, or information on becoming a REO investor, please contact me or any member of the Scott Farnan Team today! To me there is no greater feeling than assisting a client with the purchase of a new home or helping someone achieve their financial goals with the sale of their property or purchase of an investment property. Patterson-Schwartz is the areas leading real estate company proving to. 7234 Lancaster Pike, Hockessin, DE, United States, Delaware. Patterson-Schwartz Brandywine, Wilmington, Delaware. Patterson-Schwartz consistently ranks as the market share leader in New Castle County, Delaware and is among the top real estate companies in the surrounding areas of Kent County, Delaware Southern Chester County, Pennsylvania and Cecil County, Maryland. Find real estate listings for new and resale. With over 25-years of customer service experience and the indelible backing of Patterson-Schwartz, Delaware's largest independent REALTOR® and leader in the Mid-Atlantic region, my team and I will guide you through the tough decisions, aim to reduce your levels of stress, and always be there to answer your questions. Patterson-Schwartz Real Estate, Hockessin, Delaware. Victoria Dickinson & Associates, realtor for buyers and sellers with homes for sale in Delaware, Pennsylvania. For those looking across state lines, I am also licensed in Pennsylvania and have great familiarity with the Chester County and Delaware County real estate markets. Find real estate listings for new and resale homes. Having been raised in Delaware myself, and now raising two children of my own, along with my wife Kate, I am confident that my knowledge, along with my teams's, of the Delaware real estate market, from the Brandywine Valley to our beautiful beaches will greatly benefit your buying or selling experience. Chris Cashman, realtor for buyers and sellers with homes for sale in Delaware, Pennsylvania, Maryland. In 2018 I started the Scott Farnan Team (formerly Farnan Real Estate) at Patterson-Schwartz Real Estate, a group of six dedicated real estate professionals that know Delaware and its neighboring areas, and have a drive for providing quality customer service. I've been with Patterson-Schwartz for over a dozen years. Patterson-Schwartz consistently ranks as the market share leader in New Castle County, Delaware and is among the top real estate companies in the surrounding. My name is Scott Farnan, a life-long Delawarean and full-time real estate agent. Our goal is to use our knowledge of Delaware Real Estate and our experience to help Buyers, Sellers, Landlords and Tenants to buy homes in Delaware that. Angela Allen Patterson-Schwartz 920-9574. All of our agents have called this area home. Patterson-Schwartz and Associates 381-6221. Hello and thank you for taking the time to learn about the Scott Farnan Team at Patterson-Schwartz Real Estate. Well be your personal guides through the wonderful real estate market of Delaware, Pennsylvania & Maryland.
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