Delaware
February home sales in Delaware: Sussex leads the way in sales and highest median price
Protect yourself from these common real estate scams
Real estate scams are on the rise. Here’s how to protect your home and your wallet from the most common cons.
Delaware home sales fell in February on a monthly and yearly basis, while the median price declined from January but rose from a year ago.
Sales of existing homes – not new construction – in February totaled 830, down 7.88% from 901 in January and slightly lower than 838 in February 2024, a decline of 0.95%, the Delaware Association of Realtors reported.
The median sales price of $377,000 fell less than 1%, down 0.62% from $379,333 in January, but higher than a year ago by 2.70% when it was $367,083.
Prices have pulled back since October’s all-time high median price of $397,650.
The inventory of homes for sale was 3,506, up from 3,289 in January and from 2,883 one year ago.
The pace of sales slowed, with homes staying on the market an average of 50.7 days, longer than 47 days in January and 45.7 days in February 2024.
“While inventory gains are a step in the right direction, affordability remains a pressing issue,” said Scott Farnan, president of the Delaware Association of Realtors, in a press release.
The association is advocating solutions like the “One Percent for Housing” campaign, which calls for the state to dedicate 1% of its budget to affordable housing solutions, Farnan said.
Sussex County leads state in sales and prices
Sussex County topped the other counties in home sales with 354, holding steady from 353 in January and higher than 330 in February 2024.
The median sold price was the highest in the state at $434,500, down from $465,000 in January, but up from $421,250 a year ago.
Inventory of homes for sale climbed to 2,109 from 1,888 in January and from 1,692 in February 2024.
But the average time a home was on the market dragged out to 70 days compared with 62 in January and 56 days a year ago.
New Castle County sales and prices
In New Castle County, sales totaled 324 in February, down from 403 in January and from 353 a year ago.
The median sold price was $364,000, rising from $350,000 in January and from $330,000 in February 2024.
Inventory of homes for sale was 838, climbing from 831 in January and from 713 a year ago.
The average time a home was on the market was 36 days, slightly longer than 34 days in January and longer than 28 days in February 2024.
Kent County real estate figures for February
Kent County sales totaled 152, up from 145 in January, but lower than 155 a year ago.
The median sales price of $332,500 rose from $323,000 in January but fell from $350,000 in February 2024.
Active inventory was 559, falling from 570 in January but higher than 478 a year ago.
The average time a home was on the market was 46 days, up from 45 days in January, but sales were faster than a year ago, when the average was 53 days.
National sales and prices climb
In the U.S. as a whole, existing home sales were better than Delaware on a monthly basis, increasing by 4.2% in February from January to a seasonally adjusted annual rate of 4.26 million, reported by the National Association of Realtors.
However, compared with last year, national sales slipped 1.2%, while in Delaware the decline was less than 1%.
The national median sales price rose to $398,400 in February, compared with $396,900 in January and $383,800 a year ago. That’s a 3.8% year-over-year increase vs. the 2.7% rise in Delaware.
The inventory of unsold existing homes climbed 5.1% from the prior month to 1.24 million at the end of February.
Properties remained on the market for an average of 42 days in February, up from 41 days in January and 38 days in February 2024.
“Home buyers are slowly entering the market,” said Lawrence Yun, chief economist at the National Association of Realtors. “Mortgage rates have not changed much, but more inventory and choices are releasing pent-up housing demand.”
Reporter Ben Mace covers real estate, development and business news. Reach him at rmace@gannett.com.
Delaware
Delmarva’s legal power forces 2 villages to vacate laws banning new electricity towers
What are journalists missing from the state of Delaware? What would you most like WHYY News to cover? Let us know.
Efforts by two tiny bucolic villages in northern Delaware to thwart Delmarva Power’s plan to replace high-voltage transmission lines have crumbled under a lawsuit filed by the state’s dominant electricity provider.
Ardentown and Ardencroft, whose roughly 500 residents live in a self-proclaimed
“forest ecosystem” of mature woodlands and open spaces known as “greens,” object to the looming replacement of seven tall metal towers, one more than 100 feet high, that were built a century ago on what was then farmland.
The existing towers traverse about a half-mile of mostly hilly terrain through the two towns, with some located between the backyard of homes in a Delmarva right-of-way. Their replacement with galvanized steel structures designed to withstand hurricane-force winds is part of Delmarva’s 4.5-mile upgrade that’s aimed at improving reliability service for 13,000 customers while reducing the frequency and duration of outages.
But the village’s governing assemblies contend the project will tarnish the lush enclave by clear-cutting trees and disrupting lead-contaminated soil beneath the towers. They want the project rerouted about a quarter-mile away, near railroad tracks where Delmarva already has some towers. WHYY News detailed the controversy in January.
In a bid to stymie Delmarva, Ardencroft banned new transmission lines and towers last year, and approved an annual impact fee for existing transmission infrastructure. In March, the town sent Delmarva a $12,833.17 impact fee bill for 2025.
Earlier this year, Ardentown formally entered the fray, prohibiting transmission towers and poles from exceeding 100 feet in height, with fines of $1,000 per day for violations. Ardentown also banned new transmission lines or tower infrastructure of 60 kilovolts or more within 100 feet of any home, with fines of $1,500 per day for violations.
Delmarva’s existing lines and towers, both Ardentown ordinances said, have “caused almost 100 years of unnecessary harm and avoidable risk to our village.”
In response to the villages’ laws and fees, Delmarva fired back on Oct. 31 against Ardentown — but not Ardencroft — in Delaware’s Chancery Court, which is recognized internationally for its ability to resolve business and corporate disputes.
Delmarva’s suit asked the court to invalidate Ardentown’s new laws and order the town to pay its legal bills. The 27-page filing accused the town of exceeding its legislative authority by violating the village’s 1926 contract with predecessor American Power Company that allows the lines, the Delaware Public Service Commission’s authority to regulate utilities and Delmarva’s constitutional property rights.
“The 1926 Ardentown Easement does not limit the height of the towers/poles located in the Ardentown Easement Area, nor does it limit the voltage carried by the transmission lines,” the lawsuit said.
The lawsuit added that the easement “gives Delmarva Power, among other things, the right to ‘repair and renew said poles, towers, structures, fixtures, and wires.’”
None of the current towers are higher than 100 feet, according to the lawsuit, but all of the proposed ones are, and the law was only enacted after Delmarva shared details of its “long-planned improvements” with town leaders.
“At their core, the ordinances are nothing more than a ‘not in my backyard’ attempt to force Delmarva Power to re-route its existing transmission line away from Ardentown and through other communities,” the lawsuit said.
Noting that the project’s completion deadline is the end of 2026, the lawsuit said that failing to finish by then “risks real-time operational reliability problems, including outages to a large number of customers or higher energy costs to customers.”
Delaware
What The Stats Say About Wake Forest vs. Delaware
The Wake Forest Demon Deacons are one of the best stories in college football. Led by Jake Dickert, they have become one of the most formidable teams in the country, capable of beating anyone in the ACC this season.
This week, though, they don’t have to worry about another conference opponent, and instead will turn their focus to the Delaware Blue Hens for their final non-conference game of the season. In what will be an emotional senior day, the Demon Deacons will look to end their final home game on a high note.
So what do the stats say about the Demon Deacons’ chances to end their final home game with a dominant win?
For the Demon Deacons, the defense has been the story of the season. Finding a way to combine talented transfer portal acquisitions with veterans who have been within the program and have the experience needed to give them one of the most lethal defenses, not just in the conference, but in the country as well.
Now, for the Deacs, they get to face a Blue Hens offense that will test strength against strength. They come in with a pass-happy offense, willing to throw the ball, and having to, because of their struggles in the run game. They rank ninth in pass play percentage (58.41), sixth in passes per game (42.4), and fourth in passing yards per game (310.9). Their biggest struggle in the passing game is important, though. They rank 86th in FBS in completion percentage, finding a connection with their receivers only 60.47 percent of the time.
That will play right into the hands of head coach Jake Dickert, whose defense is 13th in the country in opponent completion percentage at a 56.39 percent success rate. They also keep everything in front of them, ranking fourth in the country in yards per pass, forcing their opponents to average only 5.5 yards per attempt. The one knock on the stellar defensive play is their inability to cause havoc, ranked in the 100s in interception percentage and sack percentage.
Finding a way to fight off the pass will be the key in this one, with the Blue Hens showing an inability to run the ball effectively, ranking 100th or worse in yards per rushing attempt and rushing yards per game. Keeping the ball in front of them, and proving to be a ‘no fly zone’ should benefit them, and aid them in yet another win this season.
Delaware
Opioid Crisis Action Network head accused of coercing sexual favors from clients
From Delco to Chesco and Montco to Bucks, what about life in Philly’s suburbs do you want WHYY News to cover? Let us know!
The head of a Delaware County advocacy group has been charged with using opioid settlement funds to coerce sexual favors from women experiencing addiction.
Delaware County District Attorney Jack Stollsteimer charged Lawrence Arata, executive director of the Opioid Crisis Action Network, with human trafficking, patronizing prostitutes, obstruction of justice and witness intimidation.
“Our investigation concluded that Larry Arata cynically and cruelly misused those funds as leverage to satisfy his sexual desires,” Stollsteimer said in a statement.
Arata turned himself in on Wednesday to the district attorney’s Criminal Investigation Division and later posted bail. No attorney was listed for Arata in online court records and he did not immediately respond to a request for comment.
The Opioid Crisis Action Network did not respond to a request for comment.
Lawrence Arata, 65, founded the Upper Darby-based organization in 2018 with his wife, Heather Arata, shortly after their son died from a heroin overdose. The Opioid Crisis Action Network pays for treatment and housing for people with substance use disorder.
The organization was a recipient of opioid settlement money from Delaware County as well as the Pennsylvania Opioid Misuse and Addiction Abatement Trust, Stollsteimer said. The Criminal Investigation Division, in collaboration with the Upper Darby Police Department, initiated a joint investigation into Arata after receiving complaints.
“The allegations revolve around Arata receiving sexual favors from clients who are in recovery for drug addictions in exchange for program benefits such as meal credits, gift cards, bus passes, money, rental assistance, and the like,” the affidavit of probable cause reads.
-
Vermont1 week agoNorthern Lights to dazzle skies across these US states tonight – from Washington to Vermont to Maine | Today News
-
Business1 week agoDeveloper plans to add a hotel and hundreds of residences to L.A. Live
-
Business5 days ago
Fire survivors can use this new portal to rebuild faster and save money
-
Southwest1 week agoFury erupts after accused teen sex predator dodges prison; families swarm courthouse demanding judge’s head
-
Politics1 week agoMajor Pentagon contractor executive caught in child sex sting operation
-
Technology1 week agoAI-powered scams target kids while parents stay silent
-
World1 week agoVideo: Russia’s First A.I. Humanoid Robot Crashes Into the Tech Scene
-
World3 days agoFrance and Germany support simplification push for digital rules
