Raw materials and demand make for hot market

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The housing market has been red hot in Delaware, as in most of the country, with high demand fueling higher home prices and competition by buyers leading to multiple offers above the listing price.

Our reports over the past several months have highlighted examples of what buyers, sellers, real estate agents and homebuilders in Delaware have experienced during these unusual circumstances and some of the consequences of the building boom.

This list will be updated throughout the summer.

— Ben Mace, reporter

Hot markets

Pandemic spurs flight to the First State: Despite the pandemic – and because of the pandemic – home sales in Delaware keep climbing. Homes prices in Sussex County shot up 24.4% this year, followed by 13.8% in Kent County and 3.0% in New Castle County.

A great time to sell your home. What to knowMove-in-ready homes are averaging 10-25 offers and selling by as much as $50,000 over asking price. See what the prices are like in Delaware.

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