Chester, New Castle show home sales increase in 2018

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Chester and New Castle counties saw single-digit gains in homes sales in 2018, according to figures from Patterson-Schwartz.

Three other counties in the company’s sales territory saw small decreases in total sales in 2018.

All counties saw smallgains in the median sales price.

New Castle County saw a 7.3 percent increase in home sales, while Kent County (DE) and Sussex County saw sales declines of 1.5 percent and 1.3 percent respectively.

Outside of Delaware, southern Chester County, PA remained the hottest market in the region with an eight percent gain in sales from 2017 and a smaller gain in median sales price. The county is well known for the quality of its schools.

Cecil County, MD saw a decrease in overall sales, with a small gain in selling prices.

Counties typically saw a decline in the number of days homes remained on the market. However, the stronger sales market also led to more listings.

Click herefor the full report from Patterson Schwartz.

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