News & Updates

  Sussex County Market Stats – Year Ending 2023 Barbara Morales Associates of the Rehoboth Beach office of Berkshire Hathaway HomeServices PenFed Realty provide this analysis of the real estate market in Sussex County, Delaware.  Whether you are buying, selling or just have an interest in the market, we hope you will find this analysis … Continue reading Jan-Dec 2023 Real Estate Market Update Sussex County, DE →

  Sussex County Market Stats – Year Ending 2021 Active Listings/Current Inventory As of the end of December, there were a total of 585 homes on the market, a decrease of 12% from the previous month’s end inventory of 661.    Of the 585 homes on the market at month’s end, 49% of them are new … Continue reading Jan-Dec 2021 Real Estate Market Update Sussex County, DE →

WHAT SOLD? Properties listed represent both single family and condo/townhomes that are “fee simple” (meaning they are not subject to ground rent) that were sold last week. They ranged in price from a low of $135,000 to a high of $2,350,000. All Properties listed are located in our areas of expertise – Rehoboth Beach, Dewey … Continue reading WHAT SOLD at the beach Nov 7 – 13 →

The statistics referenced here are based on detached single-family homes, derived from the Bright Multiple Listing Service. Active Listings/Current Inventory As of the end of April, there were a total of 579 homes on the market, a decrease of 10% from the previous month’s end inventory of 646.  This represents less than a 2-month’s supply … Continue reading Jan-Apr 2021 Real Estate Market Update Sussex County, DE →

Parade Magazine Names Rehoboth Beach/Lewes, DE in top 5 of “America’s Happiest Places to Retire”! Rehoboth Beach/Lewes is one of 5 towns that Scored High on their Happiness Meter.   “Delaware tied with Montana as the No. 1 retirement destination in 2020, according to a United Van Lines study. (Florida and South Carolina ranked No. 2 … Continue reading America’s Happiest Places to Retire →

SNAPSHOT OF CURRENT MARKET CONDITIONS FOR SUSSEX COUNTY (as of 3/31/2021—based on sales of single-family detached homes)   Total Single Family Homes on the Market as of 3/31/2021…646 Down 1% from last month   Homes listed in March 2021…505 (73% already under contract) Inventory Breakdown:     Resale Homes – 54%   New Const. – 46%   Total Single … Continue reading Jan-Mar 2021 Real Estate Market Update →

Pumpkins at the Beach! A favorite Southern Delaware fall activity is pumpkin picking!  Fulfill your cottagecore fantasies at Mr. Pepper’s Pumpkin Patch located at 13500 Laurel Road, Laurel, DE 19956, open Mon-Sat 10 am to dark; and Sun noon to dark. At Mr. Pepper’s, you can pick pumpkins in the field, get lost in a … Continue reading Why We Live Here . . . Pumpkins at the Beach! →

October 2020 Market Watch The statistics referenced here based on single family homes derived from the Bright Multiple Listing Service. Active Listings/Current Inventory As of the end of September, there were a total of 1,011 homes on the market, a decrease of 11% from the previous month’s end inventory of 1,132.  This represents slightly less … Continue reading October 2020 Real Estate Market Watch →

Adapting to Change So You Don’t Miss the Future . . . Without doubt we are all living in a historic and difficult time.  Rest assured that our first priority is the safety and health of all our clients, both buyers and sellers.  And in order to protect everyone, all of us in the real … Continue reading Adapting to Change So You Don’t Miss the Future . . . →

January 2020 Real Estate Market Update Active Listings/Current Inventory As of the end of January, there were a total of 1,628 homes on the market, a decrease of 1% from the previous month’s end inventory of 1,639.  This represents a 6-month’s supply of inventory, with a current absorption rate of 255 homes sold per month … Continue reading January 2020 Real Estate Market Update →

All About DNREC – Delaware Dept of Natural Resources and Environmental Protection Delaware’s beaches are a major draw for summertime vacation and recreational opportunities. The coastal economy generates approximately $7 billion and employs roughly 59,000 people annually. As natural ocean processes keep these habitats in constant flux, these areas have to be maintained through beach nourishment projects, erosion control and dune maintenance, … Continue reading All About DNREC – Delaware Dept of Natural Resources and Environmental Protection →

Eco-friendly Kitchen Features That Won’t Break the Bank Eco-friendly features are all the rage today as homeowners commit to living greener lives. But for those looking to reduce their carbon footprint, where do you begin? For many, the answer is the kitchen. The central hub of the home, the kitchen offers a perfect foundation for … Continue reading Eco-friendly Kitchen Features That Won’t Break the Bank →