Top Small Teams in Delaware – Ranked By Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    1Bryce Lingo & Shaun Tull TeamJack Lingo REALTORRehoboth Beach, DE$149,296,123View Profile
    2Toni & The Schrockstars TeamNorthrop Realty, a Long & Foster CompanyMillsboro, DE$67,881,052View Profile
    3Delaware Shore PropertiesPatterson-Schwartz Real EstateRehoboth Beach, DE$41,257,918View Profile
    4The AnnMarie Germano GroupPatterson-Schwartz Real EstateHockessin, DE$38,094,123View Profile
    5The Ashley Brosnahan TeamLong & Foster Real EstateBethany Beach, DE$36,173,684View Profile
    6The Blackhurst GroupCompassGreenville, DE$35,281,023View Profile
    7The Windrow GroupKeller WilliamsBethany Beach, DE$31,210,459View Profile
    8Team LandonPatterson-Schwartz Real EstateNewark, DE$31,192,707View Profile
    9Team WilsonLong & Foster Real EstateGreenville, DE$28,126,964View Profile
    10ShowTimeRE TeamColdwell Banker RealtyWilmington, DE$25,771,626View Profile
    11We Sell DelKeller WilliamsDover, DE$25,488,937View Profile
    12Team TimmonsKeller WilliamsBethany Beach, DE$24,141,275View 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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