Inventory in Delaware Park has loosened compared with a year ago, but it is still limited. Active listings in the latest rolling three-month window are up sharply year over year, rising about 77 percent to just 7 homes. At the same time, homes sold and pending sales are each down around one quarter from last year, reflecting a slower flow of contracts.
Prices have pushed higher even as buyer activity has cooled. The typical home value over the rolling three-month period is up roughly 31 percent from a year ago, reaching about $450,000, while the median list price is down more than 15 percent year over year, suggesting sellers are pricing more cautiously than closed-sale outcomes might imply.
Conditions are less frenzied than they were, with months of supply climbing nearly 39 percent over the past year to about 4.3 months and median days on market stretching to 49 days, up about 35 percent year over year. Still, about two thirds of recent sales closed above asking, and the average sale-to-list ratio sits just over 102 percent, indicating well-priced homes can command strong offers. Buyers who want to navigate this shifting balance and sellers aiming to price strategically can both benefit from an experienced local agent, and Agent Pronto can connect them with the right professional.
