Top Large Teams in Delaware – Ranked by Volume

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Rank – State VolumeTeam NameCompanyLocationVolumeProfile
1The Mottola GroupCompassWilmington, DE$404,060,671View Profile
2The Debbie Reed TeamRE/MAX Realty GroupRehoboth Beach, DE$113,916,456View Profile
3McKee Kubasko GroupLong & Foster Real Estate, Inc.Greenville, DE$83,328,377View Profile
4Erik Hoferer & AssociatesLong & Foster Real Estate, Inc.Newark, DE$68,230,243View Profile
5The Levy GroupLong & Foster Real Estate, Inc.Greenville, DE$66,995,790View Profile
6Premier Properties GroupColdwell Banker RealtyWilmington, DE$49,213,410View Profile
7Moran & Murray GroupLong & Foster Real Estate, Inc.Greenville, DE$42,255,182View Profile
8Team WilsonLong & Foster Real Estate, Inc.Greenville, DE$38,584,835View Profile
9Bright Home GroupKeller Williams Delaware BeachesLewes, DE$35,394,138View Profile
10We Sell DelKeller Williams Realty, Central DelawareMilford, DE$27,922,546View Profile
11Team First State PropertiesCompassWilmington, DE$27,502,780View Profile
12The Rivera GroupKeller Williams Realty, Central DelawareDover, DE$26,005,512View Profile

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2022 Market Summary

Delaware started 2022 with a total of 1,061 single-family homes on the market, with a median home price of $400,000 and an average price per square foot of $220. By the end of the year, inventory had increased to 1,285 homes on the market (+21%), with a median home price of $473,500 (+18%) and an average price per square foot of $260 (+18%).

At the start of 2022, the median days on market (DOM) was 63 days – by the end of the year, median DOM had increased to 77 days.

Delaware started the year with 17% 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 38% of Delaware homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Delaware started 2022 as a strong seller’s market, with an MAI score of 48; by the end of the year, the MAI had dropped to 31 – 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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Delaware News

Investors are buying more, but spending less 

Oct 22, 2021By

Real estate investors are buying more properties, but paying less for them, according to a report from RealtyTrac released Thursday based on ATTOM Data Solutions home sales data.