Top Medium Teams in Delaware – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    2The Lee Ann Wilkinson GroupBerkshire Hathaway HomeServices PenFed RealtyLewes, DE$325,149,183View Profile
    4The Leslie Kopp GroupLong & Foster Real EstateBethany Beach, DE$167,360,799View Profile
    10Barrows and AssociatesMonument Sotheby’s International RealtyRehoboth Beach, DE$67,500,655View Profile
    12Victoria Dickinson & AssociatesPatterson-Schwartz Real EstateGreenville, DE$63,645,903View Profile
    14Megan Aitken TeamKeller WilliamsMiddletown, DE$61,243,426View Profile
    16Seaside SevenLong & Foster Real EstateBethany Beach, DE$59,216,264View Profile
    18Team EndrichBerkshire Hathaway HomeServices Fox & Roach, REALTORS®Hockessin, DE$48,058,718View Profile
    25Team PatrickCompassGreenville, DE$35,593,417View Profile
    27The Crifasi GroupPatterson-Schwartz Real EstateGreenville, DE$32,592,953View Profile
    30Buy at the Beach GroupCompassSmyrna, DE$31,340,752View Profile
    34Bright Home GroupKeller WilliamsLaurel, DE$26,768,993View Profile
    37The Rivera GroupKeller WilliamsDover, DE$24,621,170View Profile
    38The Garman GroupCompassWilmington, DE$24,218,090View 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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