Patterson-Schwartz Real EstateMarket Update - A Local Perspective
New Castle County, DE
In March 2025, New Castle County saw a 5.7% increase in home sales compared to the previous year, along with a 6.8% rise in the median sales price—from $332,000 to $354,500. Pending sales also rose 6.4% year-over-year.
Kent County, DE
In March 2025, Kent County saw no change in the number of homes sold compared to March 2024, while the median sales price dipped 0.3%, from $331,100 to $330,000. The number of homes that went under contract in the third month of 2025 increased 7.6% from 2024.
Sussex County, DE
Home sales in Sussex County rose 2.9% in the third month of 2025 compared to the same time last year, while the median sales price climbed 3.2%, from $440,000 to $453,900. The number of pending sales also edged up 1.9% year-over-year.
Southern Chester County, PA
Southern Chester County experienced a 13.3% decrease in the number of sold homes for the third month of 2025 compared to 2024 and an 1.5% decrease in the median sales price from $549,700 to $541,380. The number of homes that went under contract in the 3rd month of 2025 decreased 4.3% from 2024.
Cecil County, MD
For the 3rd month of 2025, Cecil County experienced a 5.1% decrease in the number of sold homes compared to 2024 and a 1.5% decrease in the median sales price from $340,000 to $335,000. The number of homes that went under contract in the 3rd month of 2025 increased 1.2% from 2024.
Reports are based on data supplied by Bright MLS. Bright MLS does not guarantee nor is responsible for its accuracy. Data maintained by an MLS may not reflect all real estate activities in the market. Information is deemed reliable but not guaranteed. Data is as of 4/8/2025.