Housing Inventory: Average Listing Price in Delaware
AVELISPRIDE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
620,061.00
Year-over-Year Change
-4.55%
Date Range
7/1/2016 - 7/1/2025
Summary
The Housing Inventory: Average Listing Price in Delaware trend measures the average price of homes listed for sale in the state. This key metric provides insights into the state's real estate market and housing affordability.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This trend represents the average price of homes currently listed for sale in Delaware. It is used by economists, policymakers, and real estate professionals to analyze market conditions, gauge housing demand, and inform policy decisions.
Methodology
The data is collected and calculated by real estate research firms based on listings across the state.
Historical Context
The average listing price is a valuable indicator for understanding Delaware's housing market and can inform policies related to home ownership and residential development.
Key Facts
- The average listing price in Delaware reached a record high in 2022.
- Listing prices have risen steadily over the past decade, reflecting increased housing demand.
- Affordability remains a challenge for many Delaware residents due to rising home prices.
FAQs
Q: What does this economic trend measure?
A: The Housing Inventory: Average Listing Price in Delaware trend measures the average price of homes currently listed for sale in the state.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the state's real estate market and housing affordability, which is valuable information for economists, policymakers, and real estate professionals.
Q: How is this data collected or calculated?
A: The data is collected and calculated by real estate research firms based on listings across the state of Delaware.
Q: How is this trend used in economic policy?
A: The average listing price is a key indicator for understanding Delaware's housing market and can inform policies related to home ownership and residential development.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be some delay in reporting the most recent figures.
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Citation
U.S. Federal Reserve, Housing Inventory: Average Listing Price in Delaware (AVELISPRIDE), retrieved from FRED.