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Delaware home listings asked for less money in December – see the current median price here

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Delaware home listings asked for less money in December – see the current median price here


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In Delaware, median home prices were $479,940, a slight decrease from November. The median Delaware home listed for sale had 2,048 square feet, with a price of $235 per square foot. 

The median home in New Castle County listed for $399,900 in December, down 2.4% from the previous month’s $409,750, an analysis of data from Realtor.com shows. Compared with December 2023, the median home list price slightly decreased from $400,000.

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The median home in Kent County listed for $399,925 in December, slightly up from the previous month’s $399,900. Compared with December 2023, the median home list price decreased 2.3% from $409,250.

The median home in Sussex County listed for $545,300 in December, slightly up from the previous month’s $545,200. Compared with December 2023, the median home list price increased 1% from $539,700.

The statistics in this article only pertain to houses listed for sale in, not houses that were sold. Information on your local housing market, along with other useful community data, is available at data.delawareonline.com. 

Home listings in Delaware

New Castle County’s median home was 1,877 square feet, listed at $212 per square foot. The price per square foot of homes for sale is up 2.4% from December 2023.

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Listings in New Castle County moved briskly, at a median 47 days listed compared with the December national median of 70 days on the market. In the previous month, homes had a median of 39 days on the market. Around 338 homes were newly listed on the market in December, a 5.6% increase from 320 new listings in December 2023. 

Kent County’s median home was 2,018 square feet, listed at $207 per square foot. The price per square foot of homes for sale is up 3.1% from December 2023.

Listings in Kent County moved briskly, at a median 54 days listed compared with the December national median of 70 days on the market. In the previous month, homes had a median of 49 days on the market. Around 150 homes were newly listed on the market in December, a 17.2% increase from 128 new listings in December 2023. 

Sussex County’s median home was 2,129 square feet, listed at $259 per square foot. The price per square foot of homes for sale is up 0.9% from December 2023.

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Listings in Sussex County moved slowly, at a median 79 days listed compared with the December national median of 70 days on the market. In the previous month, homes had a median of 67 days on the market. Around 308 homes were newly listed on the market in December, a 13.2% increase from 272 new listings in December 2023. 

The median home prices issued by Realtor.com may exclude many, or even most, of a market’s homes. The price and volume represent only single-family homes, condominiums or townhomes. They include existing homes, but exclude most new construction as well as pending and contingent sales.

Across the Philadelphia-Camden-Wilmington metro area, median home prices fell to $358,075, slightly lower than a month earlier. The median home had 1,551 square feet, at a list price of $226 per square foot.

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Throughout the United States, the median home price was $402,502, a slight decrease from the month prior. The median American home for sale was listed at 1,800 square feet, with a price of $222 per square foot. 

The median home list price used in this report represents the midway point of all the houses or units listed over the given period of time. Experts say the median offers a more accurate view of what’s happening in a market than the average list price, which would mean taking the sum of all listing prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high price.

The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu.



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Delaware

Done Deal: 695 Delaware Avenue – Buffalo Rising

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Done Deal: 695 Delaware Avenue – Buffalo Rising


Ellicott Development has expanded it local property portfolio. Ellicott’s 4628 Group Inc. purchased 695 Delaware Avenue on Wednesday for $1.025 million. Fred Kaplan Living Trust was the seller. The 8,454 sq.ft., three-story barn-like structure with mansard roofed addition is occupied by media production and marketing firm Crosswater Digital Media. It was the home of WKBW radio for a number of years. The property totals 0.4 acres in size with a large parking lot fronting Delaware Avenue.

The property is bookended by the Westbrook Apartments and Wilcox House apartment buildings, both ten-story structures. It sits across the street from 700 Delaware, the former Computer Task Group Building Ellicott purchased in 2018 and is now occupied by the NYS Department of Environmental Conservation.



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Man, 77, dies after collision with teen driver near Hartly, police say

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Man, 77, dies after collision with teen driver near Hartly, police say


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A 77-year-old man died following a two-car crash near Hartly on the morning of Dec. 10, Delaware State Police said.

The man, from the Dover area, has not been identified by police pending family notification.

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According to police reports, the man was driving a Honda Accord east on Judith Road approaching Hartly Road about 9 a.m., as an 18-year-old woman was driving a Ford Focus south on Hartly Road approaching Judith Road.

Police reported that a preliminary investigation shows the Honda moved from the stop sign into the Ford’s path, causing a collision.

The man was pronounced dead at the scene. The woman, from Hartly, was treated at the scene. Police said she refused to be taken to a hospital.

Send tips or story ideas to Esteban Parra at (302) 324-2299 or eparra@delawareonline.com.

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Delaware County approves 19% property tax hike in 4-1 vote

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Delaware County approves 19% property tax hike in 4-1 vote


MEDIA, Pa. (WPVI) — Delaware County Council voted 4-1 Wednesday night to approve a budget that includes a 19% property tax increase, despite objections from residents.

Property owners with a home assessed at $255,000 will pay about $188 more annually under the new budget, which takes effect next month.

Before the vote, some residents urged council to reconsider.

“I ask council to revisit the proposed budget, forgo voting tonight, avoid solving the entire deficit on the back of the hardworking taxpayers,” said Cynthia Sabitini of Upper Providence Township.

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One councilmember agreed, but most did not.

“Simply put, I feel that the increase is too drastic,” said Councilmember Elaine Paul Schaefer.

“This needs to occur. I don’t like it, but it’s what has to occur,” said Councilmember Kevin Madden.

The hike follows a 23% increase last year and a 5% increase the year before. County officials say tax hikes were minimal for a decade, forcing steep increases now.

The current all-Democratic council argues they’re righting the financial ship after past Republican leaders didn’t do enough.

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“For the first time in more than a decade, this budget puts Delaware County on track to have a truly balanced budget,” said Council Chair Dr. Monica Taylor.

County leaders say the increase addresses a structural deficit, but opponents blame spending on projects such as de-privatizing George Hill Correctional Center and creating a health department.

“How do you justify coming in with a deficit and then saying you’re repairing it after you grew it?” said Michael Straw of Media Borough Republicans.

Officials say future hikes should be minimal if the county makes any request at all, but some remain skeptical.

“I have my doubts that we won’t be seeing increases in the future,” Straw said.

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