Patterson-Schwartz Real EstateMarket Update - A Local Perspective
New Castle County, DE
In May 2025, New Castle County saw a 5.1% increase in home sales compared to the previous year, along with a 3.6% rise in the median sales price—from $350,000 to $362,750. Pending sales also rose 3.6% year-over-year.
Kent County, DE
In May 2025, Kent County saw a 1.4% decrease in homes sold compared to May 2024, while the median sales price dipped 0.3%, from $335,000 to $333,900. The number of homes that went under contract in the fifth month of 2025 increased 0.6% from 2024.
Sussex County, DE
Home sales in Sussex County rose 3.2% in the fifth month of 2025 compared to the same time last year, while the median sales price climbed 1.1%, from $453,855 to $459,000. The number of pending sales dipped 5.2% year-over-year.
Southern Chester County, PA
Southern Chester County experienced a 5.6% decrease in the number of sold homes for the fifth month of 2025 compared to 2024 and an 0.3% increase in the median sales price from $550,000 to $551,515. The number of homes that went under contract in the 5th month of 2025 decreased 5.4% from 2024.
Cecil County, MD
For the 5th month of 2025, Cecil County experienced a 8.8% decrease in the number of sold homes compared to 2024 and a 2.1% decrease in the median sales price from $357,445 to $350,000. The number of homes that went under contract in the fifth month of 2025 increased 2.9% 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 6/9/2025.