Academy Hill Newark Delaware Real Estate Market Year In Review-2011
For the purposes of keeping things as accurate as possible, this market report only includes existing homes and does not include new construction.
In 2011, there were 4 homes sold in Academy Hill Newark Delaware for an average sales price of $375,938. The highest home price was $428,750 and the lowest price was $290,000. Additionally, there were 4 homes that were withdrawn prior to sale. There was also 1 home in Academy Hill that expired prior to being sold. The average days on market of the sold homes was 125 days.
In 2010, there were only 2 homes sold in Academy Hill for an average of $392,000 with a high of $394,000 and a low of $390,000. There were 5 homes withdrawn prior to sale. The average days on market or the sold homes was 62 days.
So in 2011, we saw approximately a 5% drop in price and it took twice as long to sell a home in Academy Hill Newark Delaware.
As of 12/31/11 there were 3 homes offered for sale in Academy Hill Newark Delaware. If you’d like to check out Academy Hill Newark Delaware, give me a call and I’ll set up an on-going search especially for you – you’ll be notified as soon as a new listing is posted. We can also go and see the homes that are currently listed for sale in Academy Hill Newark Delaware.
And if you’re not familiar with this wonderfully distinguished neighborhood, please give me a call (302)733-7020– I’d be happy to introduce you to the area.
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