News & Updates

To download the full Market Watch newsletter, click here. For WHAT SOLD at the Beaches, click here. The statistics referenced below and in the attached newsletter are based on detached single-family home sales over the last 12 months compared to the previous 12-month period, and the current YTD compared to the previous year YTD. They are derived … Continue reading Jan-Oct 2024 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 →

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 →

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 →

The statistics referenced here and in the attached newsletter are based on single family homes derived from the Bright Multiple Listing Service. Active Listings/Current Inventory As of the end of August, there were a total of 1,945 homes on the market, a decrease of 1%  from the previous month’s end inventory of 1,966.  This represents … Continue reading Real Estate Market Watch – August 2019 →