Delaware County, PA Residential Market Update: Recent Quarter

by Bill Milano

Delaware County, PA Residential Market Update: Recent Quarter

The past quarter has brought some notable shifts to the residential real estate market in Delaware County, PA. As we move through 2025, buyers, sellers, and homeowners alike are feeling the effects of changing inventory, fluctuating interest rates, and evolving buyer preferences.

Inventory and Home Prices

Inventory in Delaware County has remained relatively tight, with fewer homes on the market compared to previous years. This limited supply has continued to put upward pressure on home prices, though the pace of price growth has slowed. Median sale prices have stabilized, with many neighborhoods seeing modest increases rather than the rapid appreciation experienced in the past few years.

Buyer Activity and Demand

Buyer demand remains strong, especially for well-maintained single-family homes and properties in desirable school districts. Open houses are still drawing crowds, but bidding wars have become less common as more buyers take a measured approach. First-time homebuyers are active, but many are facing affordability challenges due to higher mortgage rates and rising home prices.

Seller Strategies

Sellers are finding that pricing their homes realistically is key to attracting serious buyers. Homes that are move-in ready and priced appropriately continue to sell quickly, while those needing updates or priced above market value may linger longer. Staging and professional photography are making a noticeable difference in buyer interest.

Looking Ahead

As we look to the next quarter, most experts anticipate a steady market with gradual price adjustments and continued strong demand. Interest rates are expected to remain a key factor, influencing both buyer affordability and seller motivation. Homeowners considering selling may find this a favorable time, while buyers should be prepared to act quickly on homes that fit their needs.

Whether you’re thinking of buying, selling, or simply keeping an eye on the market, staying informed is your best strategy. If you’d like more specific data or insights for your neighborhood, feel free to reach out!

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Bill Milano

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