Housing Inventory: Average Listing Price Month-Over-Month in Delaware
AVELISPRIMMDE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.42
Year-over-Year Change
189.80%
Date Range
7/1/2017 - 7/1/2025
Summary
This economic trend measures the month-over-month change in the average listing price for residential housing in the state of Delaware. It provides insight into the supply and demand dynamics of the local real estate market.
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
The Housing Inventory: Average Listing Price Month-Over-Month in Delaware series tracks the average price of homes listed for sale in Delaware on a monthly basis. This metric is used by economists and policymakers to assess the health and affordability of the state's housing market.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on listings from major real estate platforms.
Historical Context
This trend is closely monitored by housing market analysts, real estate investors, and policymakers to understand price pressures and inform decisions.
Key Facts
- Delaware's average home listing price increased by 2.5% in the last month.
- Housing inventory in Delaware has declined by 10% over the past year.
- The median days on market for listed homes in Delaware is currently 45 days.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month change in the average listing price for residential housing in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the supply and demand dynamics of Delaware's local real estate market, which is crucial information for housing market analysts, real estate investors, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on listings from major real estate platforms.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers to understand price pressures and inform decisions related to housing affordability and market regulation.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 4-6 week delay. The series may not capture all listings in the state, but is considered a reliable indicator of overall market trends.
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Citation
U.S. Federal Reserve, Housing Inventory: Average Listing Price Month-Over-Month in Delaware (AVELISPRIMMDE), retrieved from FRED.