Is Ellendale, DE 19941 a buyer’s or seller’s market?
Ellendale is a seller’s market. With about 2.9 months of supply and 27% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply2.9Under 4 months = seller’s market
Sold above original list26.7%Share of sales, last 3 months
Median sale-to-list100.4%Sold price ÷ list price
Median days on market54Listing to accepted offer
Median price per sq ft$208▲ +2.0% vs. last year
Run the numbers for 19941
Nearby markets
Bethany Beach 19930Seller’s market $529 /sq ftBridgeville 19933Balanced $201 /sq ftDagsboro 19939Seller’s market $245 /sq ftDelmar 19940Balanced $152 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology