Home Prices in Bear DE August 2014
Real Estate Market Data for Bear Delaware provided by Sean Casey of Patterson-Schwartz
Bear Delaware
Bear Delaware is a great place to live, close to major commuting routes, parks and shopping. For more information on Bear DE, visit my Bear Delaware page.
Bear Home prices
In August, the number of new listings decreased by 6.4%. For the year, listings are down 11.4%.
If you are looking to sell or buy a home in Bear Delaware, deals are available in the market but you need 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 at the same pace as last year. For the year so far, listings are selling 1.6% faster. Make sure your agent will give you a thorough market analysis when you buy your home, if you want to get the best market price.
Bear DE Real Estate Report Summary
The Median Sales price in August is up 3.9% to $248,750 in Bear DE, and pending sales are up 12.1% in August. Closed Sales are down 21.1% in August.
Year to Date the Median Sales price is $220,000, and down 3.1%. Closed sales are down 7.8% for the year. Pending sales are also down 3%.
Bear Delaware Market Direction
As of August, there were 193 Active listings and 37 homes pended. That represents a 5.2 month supply of homes. That means this is a SELLERS MARKET but barely. This is for all price ranges in Bear Delaware. If you would like to know if your home is in a sellers or buyers market, you can contact me by phone at 302-733-7020 or by email at scasey@psre.com.
Find Homes for Sale in Bear DE
Please visit my webpage to find homes for sale in Bear Delaware or for notification when Bear Delaware homes become available.
If you are a Bear 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.