Top Mega Teams in Delaware – Ranked by Volume

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    • Rank – State VolumeTeam NameCompanyLocationVolumeProfile
    1Matt Fetick Real Estate TeamKeller Williams Realty – North WilmingtonWilmington, DE$144,576,117View Profile
    2The Oldfather GroupCompassLewes Beach, DE$131,422,802View Profile
    3Griffin Higgins TeamKeller Williams Delaware BeachesLewes, DE$104,227,836View 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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