News & Updates

The statistics referenced here and in the attached chart are based on single family homes derived from the Bright Multiple Listing Service. Active Listings/Current Inventory As of the end of July, there were a total of 1,966 homes on the market, a decrease of 5% from the previous month’s end inventory of 2,060.  This represents a … Continue reading Current Real Estate Market Conditions – July 2019 →

June 2019 Market Watch Analysis Here is our analysis of the real estate market in Sussex County, Delaware.  Statistics used here are based on Single-Family home sales through the end of June 2019, derived from the Bright Multiple Listing Service. They do not comprise all home sales in the market. Active Listings/Current Inventory As of … Continue reading Current Real Estate Market Conditions – June 2019 →

As of the end of February, there were a total of 1,877 homes on the market, an increase of 6% from the previous month’s end inventory of 1,769.  This represents a 10-month’s supply of inventory, with a current absorption rate of 190 homes sold per month thus far in 2018. Closed Sales For the first … Continue reading Sussex County Market Watch – February 2018 Stats →

As of the end of January, there were a total of 1,769 homes on the market, a decrease of 3% from the previous month’s end inventory of 1,824.  This represents a 9-month’s supply of inventory, with a current absorption rate of 207 homes sold per month thus far in 2018. Closed Sales For the first … Continue reading Sussex County Market Watch – February 2018 →