Home Prices in Hockessin DE August 2014
Real Estate Market Data for Hockessin Delaware provided by Sean Casey Patterson-Schwartz Hockessin DE
Hockessin is in Northern New Castle County, but still close to main commuting routes. Hockessin is a beautiful area with both older more established neighborhoods and newer neighborhoods. For more information, visit my Hockessin Delaware page.
In August, the number of new listings increased by 82.4%. For the year, listings are down 5.4%. The recent upswing in listings is good news for Hockessin Buyers providing more homes to choose from.
If you are looking to buy a home in Hockessin Delaware, you can find a deal but it’s never been more important to have a great real estate agent. Don’t wait on the sidelines too long though, as listings priced right are moving very quickly. Rising interest rates and other outside forces impact home prices.
As you can see, listings are selling almost 17.4% faster than last year. Listings are selling more quickly and they are selling for close to list price at 95.2% of list price.
Hockessin Real Estate Report Summary
The Median Sales price in August is up 3.9% to $397,500 in Hockessin DE, but pending sales are down over 52.9% in August.
Year to Date the Median Sales price is $352,500, and down 4.7%. Also for the year, listings are down 5.4%, pending sales are down 12.2% and closed sales are down 6.8%. Homes have sold in 66 days so far this year up 11.9%. As of September 1, there are 67 homes on the market in Hockessin up 42.6%
Please visit my webpage to find homes to buy in Hockessin Delaware or for notification when Hockessin Delaware homes become available.
If you are a Hockessin homeowner and want to find out what your home is worth in the current market, please email or call 302-733-7020 or ask for a CMA form here or get an Instant Home Valuation.