Home sales remain strong

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November  home sales remained strong in two of the three counties in the state, although sales prices were down slightly.

A report from the  TREND  Multiple Listing Service showed home sales rose to 562 in New Castle County and 195 in Kent County. That compared to sales in November 2016 of 195 in Kent County and 504 in New Castle.

The average sales price was down slightly to $215,000, from $219,000 in November 2016 in New Castle County.

Kent County’s average sales price stood at $200,000, compared to $209,000 during November 2016.

Homes did not stay on the market for a long time. The average time on the market in New Castle County fell to 26 days, compared to 37 a year ago in November. The number of days homes have been on the market in Kent County was essentially unchanged at 46.

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Home sales figures for Sussex County were not immediately available from TREND.

However, statewide real estate firm,  Patterson-Schwartz reported strong activity in the county in November and 2017.

TREND and other Multiple Listing Services have merged into an entity known as Bright that includes Sussex County, the Eastern Shore of Maryland and Cecil County, Maryland.

 
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