First Quarter of 2013 for Delaware County

The market has improved in Delaware County for 2013 when you compare the numbers to 2011 & 2012.  The amount of homes for sale or the inventory has really dropped and the amount of homes sold has increased when you compare the first three months of 2011 & 2012 to this year.

Let’s look at inventory levels:

  • In 2011 in the first quarter Delaware County had 3850 homes for sale.
  • In 2012 in the first quarter Delaware County had 3732 homes for sale.
  • In 2013 in the first quarter Delaware County had 3079 homes for sale.

That’s a significant drop in inventory from the previous years.  This is great news for our local economy and shows strength and improvement in the housing market.

Let’s look at closed sales:

  • In 2011 in the first quarter  Delaware County had 774 closed sales.
  • In 2012 in the first quarter  Delaware County had 867 closed sales.
  • In 2013 in the first quarter  Delaware County had 964 closed sales.

Again, these numbers show a strengthening trend in the housing market.

Fun Fact:  In the first quarter the most expensive zipcode in Delaware County was 19085 with a median sales price of $873,750 with 8 closed sales.  This zipcode is located in Villanova.

Data and statistics were found on TREND.

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