August Homes Sales Remain Steady

CentralNorthern-DE_Button_040416A recent post by Doug Rainey, at Delawarebusinessnow.com says, August homes sales have remained steady in Kent and New Castle County.

“Home sales remained steady in August in Kent and New Castle counties in August.”

Figures from the TREND multiple listing service showed the average selling price  in New Castle stood at $228,000, compared to $225,000 during the same period. In Kent County, the average selling price was $200,000, compared to $215,000 in August 2015.

The number of homes sold in  August in Kent County was 174 in August,  compared to 167 during the same month in 2015.

The average number of days homes in New Castle County  were on the market stood at 28 days, unchanged from a year ago; while in Kent County, the average number of days homes were on the market was 40, unchanged from the same month in 2015.

The TREND figures come as Delaware continues to see home sales gains that are running well below the national average.

Read the entire article here.

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