Del/Mar Coastal Housing Market — September 2025

Report Prepared by Square Feet Appraisals in Collaboration with Delaware Beaches Online
Data Source: Bright MLS

The short version

More homes sold. Sales were up compared with last year.
Prices mostly steady. The typical home sold for about $410,000.
Homes are taking longer to sell. The typical place sat for about 39 days.
More choices for buyers. There are more active listings than last year.

Buyers have the upper hand compared to last year. With more homes on the market, you can take your time, compare options, and keep inspection and financing protections in your offer.
Sellers must price carefully. Overpricing leads to longer days on market and price cuts. Start near today’s comps (not spring highs) and make sure the home shows well (clean, repaired, staged, great photos).
Condos and townhomes are softer. Those are taking longer to sell and aren’t rising in price as much.
Detached homes are steadier. Single-family houses are still moving, just a bit slower than last year.

Closed Sales: 824 (more than last year)
Typical Sale Price (Median): $410,000 (about the same as last year)
Time to Sell (Median Days on Market): 39 days (slower than last year)
New Contracts Signed: 822 (fewer than last year, a sign things may cool into fall)
Homes for Sale (Active Listings): 3,494 (a lot more than last year)
Months of Supply: 4.4 months
- What this means: If no new homes were listed, it would take about 4½ months to sell everything. Around 4–6 months is a balanced market (neither buyer nor seller dominated).

Single-family homes: Prices roughly steady; selling a bit slower, but still the strongest segment.
Townhomes/duplexes: Big jump in sales count, but they’re taking longer to sell and prices are flat-to-down in spots.
Condos: Also selling slower; prices not rising much right now.

Sussex, DE: Biggest slice of the market. Sales up a little; prices basically flat; more homes for sale.
Worcester, MD: Sales up strongly; prices up; still takes longer to sell than last year.
Wicomico, MD: Sales up; prices a bit lower; more listings to choose from.
Somerset, MD: Smallest, slowest market; takes the longest to sell there.

If you’re buying

Get pre-approved so you know your budget and can move when the right place pops up.
Use your leverage: ask for inspection, financing, or seller help with closing costs where it makes sense.
Look at recent sales, not peak-season prices.

If you’re selling

Price it right the first time based on today’s comps.
Fix small issues and make it show-ready—clean, bright, decluttered, great photos.
If showings slow after the first two weeks, consider a price tune-up.

If you’re investing/second home

Median Price: The “middle” sale price—half sold for more, half for less.
Days on Market (DOM): How many days it typically takes to find a buyer.
Months of Supply: How long it would take to sell all current listings at today’s pace. ~4–6 months = balanced market.