Market Watch Newsletter - December 2025

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Berkshire Hathaway HomeServices PenFed Realty provides this monthly analysis of the real estate market in Sussex County, Delaware.  Whether you are buying, selling or just have an interest in the market, we hope you will find this analysis useful.

As a Buyer, this can be a valuable tool for making an offer on a property. Having up-to-date information on selling prices of comparable properties will allow you to make the smartest offer.

As a Seller, having the knowledge to determine the listing price for your property can help you to obtain the best possible sale price in the shortest amount of time.

Contact one of our agents for reliable information on the real estate market.  To download the full Market Watch newsletter, click here.

The statistics referenced here and in the attached newsletter are based on detached single-family home sales comparing the current year to the previous YTD, and the current month compared to the same month in the previous year.  The sales statistics do NOT include the sales of new construction homes.  They are derived from the Bright Multiple Listing Service.

Active Listings/Current Inventory (all homes on the market)
As of the end of December, there were a total of 1,232 homes on the market, a decrease of 11.05% from the previous month's end inventory of 1,486; and an increase of 3.18% compared to the inventory at the end of December 2024.  Of the 1,232 homes on the market at the month’s end, 40% of them are new construction homes.

Closed Sales (new construction excluded)
For the year ending December 2025 compared to the same timeframe last year, sales of single-family homes are up 7.26%, with 2,927 homes sold YTD through December of 2025 compared to 2,729 sold YTD through December of 2024.

Comparing December of 2025 to December of 2024, sales are up by 5.96%, with 249 homes sold in December of 2025 compared to 235 homes sold in December 2024.

Home Prices (new construction excluded)
For the year ending December 2025 YTD compared to the same timeframe in 2024, the average sales price is up by 4.01%, $646,512 compared to $621,570.  The median sales price is up by 5.56%, $475,000 compared to $450,000 for the previous period.

Comparing December of 2025 to December of 2024, the average sales price for homes sold during that month is up by 14.42%, $652,050 compared to $569,884. The median sales price is up by 8.14%, $505,000 compared to $467,000 for the previous period.

Pending Sales (new construction excluded)
Pending sales (homes that have gone under contract) for the year ending December 2025 compared to the same timeframe in 2024 were up by 9.03%, with 2,764 homes under contract through December 2025 YTD compared to 2,535 through December 2024 YTD.

Days on Market (new construction excluded)
The median days on market for homes to go under contract has increased by 18.2% for homes that have closed YTD through December 2025 (39 days) compared to YTD through December 2024 (33 days).