Market report, updated

Market Report

Search in the counties of Kent, New Castle, and Sussex, in the city of Georgetown

coastalhomesteadgroup.com
Report prepared by coastalhomesteadgroup.com Coastal Homestead Group

Market at a glance

Over the last 6 months, homes sold for 98.3% of list price in 80 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $385K Sold · $380K
$510K$440K$370K$300K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 24 sales in Jun. Last month: 20.

Where the market stands

All homes in this report, by status.

321homes
Active158 · 49%
Under contract45 · 14%
Sold (6 mo)118 · 37%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

7.8months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$644K
Under contract$452K
Sold$389K

Average days on market

Active329 days
Under contract174 days
Sold80 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 158
Average list price $643,899
Avg. days on market 329 days Based on 156 of 158 homes
Avg. price per ft² $237 Based on 123 of 158 homes
Avg. living area 2,202 ft² Based on 123 of 158 homes
Avg. beds / baths 3.4 / 2.6

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

35 homes didn’t report living area and aren’t shown.

3 homes are larger or pricier than this chart’s scale and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 120 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

2 homes didn’t report days on market and aren’t shown.

Bedroom mix

Number of homes by bedroom count.

33 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

Magnolia Manor Farm$1,398
21090 Persimmon Tree Ln$1,398
Lot E Shortly Rd - Easement$378
00005 Williams St$346
24762 Millpond Ln$321
Lot B Shortly Rd.$310
36366 W Old Gate Dr$297

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
24434 Waller RdGeorgetown, DE 19947 321,544$439,900$2842 days
20523 Spyglass CirGeorgetown, DE 19947 331,974$341,990$1732 days
20521 Spyglass CirGeorgetown, DE 19947 331,974$359,990$1822 days
20525 Spyglass CirGeorgetown, DE 19947 331,974$341,990$1732 days
27645 Empire StGeorgetown, DE 19947 32910$229,500$2522 days
Lot 7 Rt 321Georgetown, DE 19947 ———$134,900—6 days
24113 Ocean Birch LoopGeorgetown, DE 19947 322,313$379,990$164—
19 Frankenberry DrGeorgetown, DE 19947 221,487$325,000$21811 days
13 Bayberry StGeorgetown, DE 19947 221,498$295,000$19611 days
33422 Steiner RdGeorgetown, DE 19947 ———$4,500,000—8 days
coastalhomesteadgroup.com

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

coastalhomesteadgroup.com Coastal Homestead Group

Next steps

How much is your home worth?

...get instant property value now!

Free and instant. We can follow up with a detailed valuation.