Delco See Double Digit Rise in New Real Estate Listings

With the assistance of Bright MLS, Tri-County Suburban REALTORS® communicates the latest real estate market conditions in the area. Below is information on theApril 2022 Residential Market Reports.

Local Market Insight reports and SmartCharts provide a variety of real estate market metrics. Information is available for Delaware County along with Chester and Montgomery counties. Statistics are also broken out by individual school districts located in each county. The reports provide information including monthly and year-over-year comparisons, on:

• Median Sold Price
• Average Days on Market
• Closed Sales
• New Listings

Highlights of this month’s reports for Delaware County include (one month comparison | one year comparison):

• Median Sold Price | $297,000: up 6.1% from March 2022 | up 2.7% from April 2021
• Average Days on Market | 19: down 10 from March 2022 | down 2 from April 2021
• Closed Sales | 555: down 4.3% from March 2022 | up 1.2% from April 2021
• New Listings | 831: up 10.7% from March 2022 | down 12.6% from April 2021

To view the complete set of market statistics, visit bit.ly/TCSR_Stats

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Serving real estate professionals in Delaware, Chester and Montgomery counties, Tri-County Suburban REALTORS® is the largest local REALTOR® Association in the Commonwealth. With more than 9,800 members, Tri-County Suburban REALTORS® was formed on January 1, 2021, the result of a merger between the Montgomery County Association of REALTORS® and the Suburban West REALTORS® Association.