News & Updates

The statistics referenced here 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.  They are derived from the Bright Multiple Listing Service. For the first 4-months of 2023 compared to the same time frame last year, sales are down 21%, with … Continue reading SUSSEX COUNTY MAY 2023 REAL ESTATE UPDATE →

Sussex County Market Stats – January – September 2022 Active Listings/Current Inventory As of the end of September, there were a total of 1,043 homes on the market, an increase of 4% from the previous month’s end inventory of 1,000.    Of the 1,043 homes on the market at month’s end, 43% of them are new … Continue reading Jan – Sept 2022 Real Estate Update for 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 construction … Continue reading Jan – Dec 2021 Real Estate Update for 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, 2021 Copy →

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 $196,450 to a high of $3,670,000. All Properties listed are located in our areas of expertise – Rehoboth Beach, Dewey … Continue reading What Sold at the Beach Nov 1 – 7, 2021 →

  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 $215,000 to a high of $2,220,000. All Properties listed are located in our areas of expertise – Rehoboth Beach, Dewey … Continue reading What Sold at the Beach Oct 24 – 31, 2021 →

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 September, there were a total of 734 homes on the market, an increase of 3% from the previous month’s end inventory of 715.    Of the 734 homes on the market … Continue reading Jan – Sept 2021 Real Estate Update for Sussex County DE →

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 June, there were a total of 665 homes on the market, an increase of 9% from the previous month’s end inventory of 612.    Of the 665 homes on the market … Continue reading Jan – Jun 2021 Real Estate Update for Sussex County DE →

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 May, there were a total of 612 homes on the market, an increase of 6% from the previous month’s end inventory of 579.  This represents less than a 2-month’s supply … Continue reading Jan – May 2021 Real Estate Update for 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 … Continue reading Jan – Mar 2021 Real Estate Market Watch →

 JAN – FEB  2021 REAL ESTATE MARKET WATCH The statistics referenced here are based on single family homes derived from the Bright Multiple Listing Service. Active Listings/Current Inventory As of the end of February, there were a total of 650 homes on the market, a decrease of 13% from the previous month’s end inventory of … Continue reading Jan-Feb 2021 Real Estate Market Activity for Delaware Beach Areas →