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October 2022 Sussex County Delaware Market Update

Christine Davis

Christine grew up in northeastern Pennsylvania in a small town called Pittston, which is located between Wilkes-Barre and Scranton...

Christine grew up in northeastern Pennsylvania in a small town called Pittston, which is located between Wilkes-Barre and Scranton...

Oct 17 1 minutes read

Between August 2020 and August 2021, home prices across the United States and Canada rose to record levels, with the U.S. housing market rising to a record of 19.9% and the Canadian housing market rising to a record 21.4%

2022 stands to be another strong year for sellers. If you're thinking about selling your home, being aware of the trends in the market will help you understand the strength of the market. 

Our monthly market update showcases everything you need to know about local real estate trends over the last month. 

October Market Update for Sussex County, Delaware

701

New Listings

1328

Active Listings

525

New Pendings

546

Closed Sales


Homes Sold

98.3%

Sale-to-List Price


 

$518,966

Average Sales Price

2.4

Months of Supply

34

Average Days on Market

$267

Average Price per Square Foot

Curious about how your home's value has changed?

We will gladly prepare a Comparative Market Analysis for you so that you are armed with the most current information.

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