Top Large Teams in Delaware – Ranked by Sides

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    • Rank – State SidesTeam NameCompanyLocationSidesProfile
    The Mottola GroupCompassWilmington, DE 901.0
    The Debbie Reed TeamRE/MAX Realty GroupRehoboth Beach, DE 172.5
    McKee Kubasko GroupLong & Foster Real EstateGreenville, DE 148.1
    Erik Hoferer & AssociatesLong & Foster Real EstateNewark, DE 148.0
    Christopher-Levy GroupLong & Foster Real EstateGreenville, DE 115.7
    Barrows and AssociatesMonument Sotheby’s International Realty – Coastal DivisionRehoboth Beach, DE 91.0
    Moran & Murray GroupLong & Foster Real EstateGreenville, DE 66.3

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    2023 Delaware Housing Market Summary

    Delaware started 2023 with a total of 1,230 single-family homes on the market, with a median home price of $472,777 and an average price per square foot of $260. By the end of the year, inventory had increased to 1,368 homes on the market (+11%), with a median home price of $495,000 (+4%) and an average price per square foot of $271 (+4%).

    At the start of 2023, the median days on market (DOM) was 84 days – by the end of the year, median DOM had decreased to 70 days.

    Delaware started the year with 36% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 33% of Delaware homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Delaware started 2023 as a seller’s market, with an MAI score of 41; by the end of the year, the MAI had dropped to 33 – a balanced buyer and seller’s market.

    This market summary is powered by Altos Research – click here to run a free report for your area.

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