Welcome to our monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 34% from one year earlier and down 4% from the previous month This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month... was just over 160-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 88% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just under 80-thousand dollars. Overall, The number of units sold Increased 67% year-over-year and Increased 67% month-over-month These figures may indicate that buyers have been taking advantage of competitive pricing and interest-rates. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Seaford, DE
Area Information for Seaford, DE
Population:7,151
Median Age:45.11 yr
Median Commute Time:13.92 mins
Educational Climate*:5
Recycling Likelihood**:75
Sales Tax:0%
Population Density:1,293/sq mi
Population Change Since 2000:6%
Closest Airport:Salisbury-ocean City Wicomico Regional
Closest College:Salisbury University
Closest Jr. College:De Tech And Comm Coll Owens
Median Household Income:$43,024
Annual Residential Turnover:13.33%
Median Years in Residence:3.39 yr
Median Home Sales Price:$124,910
Closest Major Sports Team:Delmarva Shorebirds (a)
Change Avg. Household Income Since 2000:35%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for Seaford, DE
Median Age: 45.11Married: 37%Number of Households: 2,731Households with Children: 907
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)