Archive for June, 2014

Welcome to Summer 2014

June 21, 2014

Welcome to Summer!

Beach Dreaming

It’s that time of year to recharge while the days are long, the temperature is hot, and there are a multitude of things to do and see.  Be sure to take some time to relax, travel, enjoy life, and – perhaps –  buy a house.

David Henke
Long & Foster Real Estate Inc – Devon, PA/Wilmington, DE
Office: 610-225-7400/Direct: 610-618-0808

Bear DE Home Sales Update – Zip 19701

June 16, 2014

Bear Delaware home sales continue on a steady pace as we approach summer 2014.

By the numbers:

Year to date there have been 151 home sales in the Bear De Zip code of 19701. This is exactly the same number year to date as in 2013. The average sales price has risen 10% from $211,000 to $233,000. Final sales prices ranged from a high of $599,495 to a low of $23,000. Bear DE Zip 19701The average total days on the market has risen from 78 days in 2013 to 86 in 2014. The final price realized to the final list price ratio has also risen from 96.72% to 97.6%.

In addition, there are 83 properties currently under contract with an average sales price of $237,000 and 143 properties on the market with an average asking price of $283,000. Current prices range from a low asking of $25,000 to a top price of $749,900. Of these, 43 were listed in the last 30 days.

Bear home sales are expected to continue their steady pace through 2014 reflecting the stable area economy and great financing rates currently available.

Questions on the area? Buying or selling, contact me anytime.

David Henke
Long & Foster Real Estate Inc – Bear, DE/Devon, PA
Office: 302-834-3431/Direct: 610-618-0808

(All statistics per the TrendMLS System and believed accurate but not guaranteed)