Top Medium Teams in Delaware – Ranked by Sides

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    • Rank – State SidesTeam NameCompanyLocationSidesProfile
    3The Lee Ann Wilkinson GroupBerkshire Hathaway HomeServices PenFed RealtyLewes, DE 401.0View Profile
    10Megan Aitken TeamKeller WilliamsMiddletown, DE 137.0View Profile
    11The Leslie Kopp GroupLong & Foster Real EstateBethany Beach, DE 130.5View Profile
    19Seaside SevenLong & Foster Real EstateBethany Beach, DE 99.0View Profile
    20Barrows and AssociatesMonument Sotheby’s International RealtyRehoboth Beach, DE 97.0View Profile
    21Bright Home GroupKeller WilliamsLaurel, DE 96.0View Profile
    23Team EndrichBerkshire Hathaway HomeServices Fox & Roach, REALTORS®Hockessin, DE 93.0View Profile
    26The Lehane TeamRE/MAX Eagle RealtyDover, DE 85.0View Profile
    27Victoria Dickinson & AssociatesPatterson-Schwartz Real EstateGreenville, DE 84.0View Profile
    30The Rivera GroupKeller WilliamsDover, DE 78.8View Profile
    33The Garman GroupCompassWilmington, DE 71.0View Profile
    34Team PatrickCompassGreenville, DE 70.0View 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.

    Housing Market News

    AdobeStock_250556333

    Lower mortgage rates attracting more homebuyers 

    Sep 16, 2024By

    An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

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