Market Update - A Local Perspective

New Castle County, DE

August brought more homes to market in New Castle County, with new listings up 8.4% and under contract activity increasing 4.9% compared to last year. While closed sales declined 12.4%, home values remained strong, with the median sales price rising 8.1% to $399,900.

Kent County, DE

Kent County saw new listings rise 4.1% and under contract activity increase 2.1% in August, while closed sales were down 8.5% year over year. The median sales price climbed 4.7% to $365,000, with the average sales price also up 7.7%.

Sussex County, DE

Sussex County saw under contract activity increase 7.0% in August, while new listings remained nearly even with last year. Closed sales declined 4.9% and the median sales price edged down 1.1% to $435,000, with homes averaging 75 days on the market.

Southern Chester County, PA

Southern Chester County posted an 18.5% increase in closed sales and a 6.1% rise in new listings compared to last August. The median sales price eased 5.8% to $602,800 for the month, although the year-to-date median remained 1.4% ahead of last year at $602,500.

Cecil County, MD

Cecil County saw a notable increase in home prices in August, with the median sales price rising 19.6% to $418,500 and the average sales price up 15.2% year over year. New listings edged up 2.2%, while closed sales and under contract activity declined from last August.

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 9/8/2026.

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