News & Updates

  Real Estate Market Watch for Year End 2020 – Sussex County, Delaware 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 December, there were a total of 823 homes on the market, a decrease of 9% from the … Continue reading 2020 Year End Real Estate Market Watch →

October 2020 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 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 … Continue reading October 2020 Market Watch →

Real Estate Market Watch – August 2020 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 August, there were a total of 1,132 homes on the market, a decrease of 11% from the previous month’s end inventory of 1,271.  … Continue reading Real Estate Market Activity Sussex County August 2020 →

Current Market Conditions for Sussex County, DE (as of 3/31/2020—based on sales of single-family homes) Active Listings/Current Inventory As of the end of March, there were a total of 1,663 homes on the market, a minmimal decrease from the previous month’s end inventory of 1,666.  This represents a 6-month’s supply of inventory, with a current … Continue reading Real Estate Activity 1st Qtr. 2020 Sussex County →

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 →

Real Estate Market Watch  –  December 2019 Active Listings/Current Inventory As of the end of December, there were a total of 1,639 homes on the market, a decrease of 5% from the previous month’s end inventory of 1,722.  This represents a 5-month’s supply of inventory, with a current absorption rate of 344 homes sold per … Continue reading Real Estate Market Update – December 2019 →

Real Estate Market Watch – November 2019 Active Listings/Current Inventory As of the end of November, there were a total of 1,722 homes on the market, a decrease of 5% from the previous month’s end inventory of 1,805.  This represents a 5-month’s supply of inventory, with a current absorption rate of 341 homes sold per … Continue reading Real Estate Market Update – November 2019 →

Current Market Conditions For Sussex County, DE (as of 10/31/2019—based on sales of single-family homes) Total Single Family Homes on the Market as of 10/31/2019:  1,805 DOWN 4% from last month Inventory Breakdown:     Resale Homes—66%   New Const.—34% ~~~~~ Total Single Family Homes Sold Current Year:   3,396 Total Single Family Homes Sold Previous Year:   3,201 % … Continue reading Real Estate Market Activity for October 2019 →

REAL ESTATE MARKET WATCH – AUGUST 2019 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 … Continue reading Real Estate Market Watch – August 2019 →

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 … Continue reading Current Real Estate Market Conditions – July 2019 →

This Month’s 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 for Sussex County, DE →

Current Market Conditions For Sussex County, DE (as of 5/31/2019—based on sales of single-family homes) Total Single Family Homes on the Market as of 5/31/2019 2,066 Up 2% from last month Inventory Breakdown: Resale Homes—74% New Const.—26% Total Single Family Homes Sold Current Year 1,442 Total Single Family Homes Sold Previous Year 1,411 % Change … Continue reading Current Market Conditions For Sussex County, DE →