Top Large Teams in Delaware – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    1The Mottola GroupCompassWilmington, DE$404,060,671View Profile
    2The Debbie Reed TeamRE/MAX Realty GroupRehoboth Beach, DE$113,916,456View Profile
    3McKee Kubasko GroupLong & Foster Real Estate, Inc.Greenville, DE$83,328,377View Profile
    4Erik Hoferer & AssociatesLong & Foster Real Estate, Inc.Newark, DE$68,230,243View Profile
    5The Levy GroupLong & Foster Real Estate, Inc.Greenville, DE$66,995,790View Profile
    6Premier Properties GroupColdwell Banker RealtyWilmington, DE$49,213,410View Profile
    7Moran & Murray GroupLong & Foster Real Estate, Inc.Greenville, DE$42,255,182View Profile
    8Team WilsonLong & Foster Real Estate, Inc.Greenville, DE$38,584,835View Profile
    9Bright Home GroupKeller Williams Delaware BeachesLewes, DE$35,394,138View Profile
    10We Sell DelKeller Williams Realty, Central DelawareMilford, DE$27,922,546View Profile
    11Team First State PropertiesCompassWilmington, DE$27,502,780View Profile
    12The Rivera GroupKeller Williams Realty, Central DelawareDover, DE$26,005,512View Profile

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    2023 Delaware Housing Market Summary

    Delaware started 2023 with a total of 1,230 single-family homes on the market, with a median home price of $472,777 and an average price per square foot of $260. By the end of the year, inventory had increased to 1,368 homes on the market (+11%), with a median home price of $495,000 (+4%) and an average price per square foot of $271 (+4%).

    At the start of 2023, the median days on market (DOM) was 84 days – by the end of the year, median DOM had decreased to 70 days.

    Delaware started the year with 36% 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 33% of Delaware homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Delaware started 2023 as a seller’s market, with an MAI score of 41; by the end of the year, the MAI had dropped to 33 – a balanced buyer and seller’s market.

    This market summary is powered by Altos Research – click here to run a free report for your area.

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