Sadie’s Take on Delaware Ohio

Baseball starts on Monday, the temperature gage has been 15-20 degrees above average, the flowers have popped, and Delaware’s real estate market is in full spring force.

We had our second-best sold week of the year with 59 transactions closing over the past seven days, and a near year-low 29 withdraws.

The active listings are above 1,900 for the second-time this year and pretty-steady compared to last week’s results. On a whole it was a good week for real estate in Delaware Ohio.

Without more boring intros from me, this week’s analysis:

Active Listings

• Number: 1,968
• Average Square Feet: 2,665
• Listing Price: $377,940
• Days on Market: 128

Sold Listings

• Number: 59
• Average Square Feet: 2,946
• Listing Price: $310,283
• Sold Price: $299,141
• Days on Market: 123

Withdrawn Listings

• Number: 29
• Average Square Feet: 3,125
• Listing Price: $483,949
• Days on Market: 178

A strong week, however we are seeing some adjustments in the sold price compared to the listing price. The 4 percent difference is not extreme compared to double-digit changes from other markets. However, for a relatively stable market like ours it is disheartening.

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