Real estate listings in New Castle and Kent County demanded more money in July

Listings in Kent County moved steadily, with median homes staying on the market 47 days compared to the national median of 50 days in July. The previous month, median homes were on the market 44 days. There were approximately 182 homes newly listed on the market in July, a 9% decrease from 200 new listings in July 2023.

Listings in New Castle County moved briskly, with a median time on the market of 31 days compared to the national median of 50 days in July. The previous month, homes were on the market for a median of 25 days. There were about 506 new homes on the market in July, a 2.7% decrease from 520 new listings in July 2023.

Median home prices published by Realtor.com may exclude many or even most homes in a market. Price and volume refer only to single-family homes, condos or townhomes. They include existing homes but exclude most new construction and pending and contingent sales.

Home statistics across the region

Across the Philadelphia-Camden-Wilmington metropolitan area, median home prices fell to $389,950, slightly lower than the previous month. The median home had 1,667 square feet of living space and a list price of $229 per square foot.