June 2025 Housing Market Update: Del/Mar Coastal Region
Prepared by Square Feet Appraisals in collaboration with Delaware Beaches Online
Data Source: Bright MLS
A Shifting Market: Buyers Gaining Ground in Summer 2025
June brought some mixed signals to the Del/Mar Coastal housing market — but one thing is clear: inventory is climbing, and that means buyers have more options and time to make decisions.
While home prices are still up slightly compared to last year, sales are cooling, listings are sitting longer, and both buyers and sellers are feeling the pinch of higher mortgage rates and economic uncertainty.
📊 Key Market Stats at a Glance
| Metric | June 2025 | June 2024 | Change |
|---|---|---|---|
| Closed Sales | 788 | 773 | +1.9% |
| Median Sold Price | $415,495 | $410,000 | +1.3% |
| Median Days on Market | 33 days | 19 days | +14 days |
| New Pending Sales | 802 | 895 | -10.4% |
| New Listings | 875 | 980 | -10.7% |
| Active Listings | 3,361 | 2,654 | +26.6% |
| Months of Supply | 4.31 | 3.66 | +0.65 months |
| Showings | 11,850 | 10,881 | +8.9% |
📍 Sussex County, DE Highlights
Sussex County continues to be the anchor of the Del/Mar Coastal region:
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Closed Sales: 527 (+7.8% YoY)
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Median Sold Price: $474,790 (+3.2%)
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Median Days on Market: 33 days (+11 days)
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Active Listings: 2,219 (+21.9%)
Even with more homes for sale, demand remains steady in Sussex — reflected in higher showings and price growth.
🏠 Detached Homes: Slower Growth, Higher Inventory
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Median Price: $405,000 (-1.2%)
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New Pending Sales: Down 13.1% YoY
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Median Days on Market: 30 days (up 11 days)
The detached single-family home segment saw a dip in price and activity. However, this may reflect buyer hesitation rather than true value loss.
🏘️ Townhomes: Rising Prices, Stronger Demand
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Median Price: $461,204 (+19.5%)
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Closed Sales: Up 2.9%
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New Listings: Flat, but inventory surged +76% YoY
Townhomes were the standout performer in June, driven by affordability and newer inventory hitting the market.
🏢 Condos: A Surprising Slowdown
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Median Price: $430,000 (-4.4%)
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Closed Sales: Down 20.3%
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Days on Market: 60 days (+42 days!)
Condos cooled dramatically, possibly due to rising HOA fees and competition with newer townhomes. They’re sitting longer and fetching lower prices compared to last year.
🔍 What This Means for Buyers and Sellers
For Buyers:
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More options, more time: Median time on market is now over a month.
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Negotiation leverage: Rising inventory gives buyers room to breathe.
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Still competitive in Sussex: Prices are climbing, so be ready to act fast in hot areas.
For Sellers:
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Price right and prep well: Longer days on market mean your home needs to shine.
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Timing matters: Consider listing before more inventory floods the market.
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Townhomes are hot: If you’re selling one, now is your moment.
🔮 Square Feet’s Forecast: A Buyer-Friendly Summer Ahead
With inventory still climbing and pending sales dipping, the second half of 2025 is shaping up to favor buyers — especially those who are patient and strategic. Sellers can still do well, but need to adapt quickly to shifting expectations and longer timelines.
📌 Need a professional market valuation or pre-listing appraisal?
Square Feet Appraisals is your trusted source for accurate, local insight across Sussex County and the Del/Mar Coastal region.
📍 Locations
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Arlington, VA 22202
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Rehoboth Beach, DE 19971
📞 Phone
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Arlington Office: (703) 855-1889
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Rehoboth Beach Office: (703) 855-1889
✉️ Email
