Delaware’s housing market continued to show signs of a more measured pace in April, even as the calendar signalled the beginning of spring buying season. While inventory levels improved and prices remained relatively stable, pending contracts and closed sales both declined compared to the same time last year.

Statewide, 1,108 homes were sold in April, a 4% decrease from April 2025. Pending contracts declined 8% year over year, while new listings remained nearly flat, down just 1%. Homes also spent more time on the market, with the statewide average days on market increasing to just over 50, up 16% from last year.

Inventory continued to improve modestly, rising 10% statewide compared with April 2025. However, supply constraints remain in many areas, and price growth has begun to moderate. The statewide median listed price increased less than 1% year over year to $425,295, while the median sold price rose nearly 2% to $389,000.

“April’s data reflects a market that is active, but far less rushed than what we experienced in recent years,” said Denise Forman Gaines, president of the Delaware Association of Realtors. “Buyers are taking more time to evaluate options, and sellers are adjusting to a market where pricing, timing and presentation matter more than they did during the height of the market surge.”