If you are a move up buyer in New Castle County, now represents an interesting time. For homes under $500,000 it is a strong seller’s market (less than 2 month’s supply). For homes over $800,000 it is a buyer’s market (7 or more months of supply). For homes in the $500 – 800,000 it is a balanced market (4-6 month’s supply). Depending on your situation, you can sell your home in a seller’s market and buy in a buyer’s market. Pretty cool! Also interesting is that jumbo loan (above $422,000) rates (3.375% for 15 year loans) are below the conventional mortgage rates (3.5% for 15 year loans).

Now let's see how many homes sold in New Castle County this month.

New Castle County DE listings increased 9.19% in June 2017 with 84 more homes being listed. The average sales price increased 0.20% to $255,612, and market times decreased by 14 days.  

If you are thinking about selling your home get a free instant home evaluation Learn More​​

new castle county real estate