News & Updates

 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 →

JANUARY 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 January, there were a total of 743 homes on the market, a decrease of 10% from the previous month’s end inventory of 823.  This … Continue reading January 2021 Real Estate Market Activity for Delaware Beach Areas →

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 $107,000 to a high of $1,855,000. All Properties listed are located in our areas of expertise – Rehoboth Beach, Dewey … Continue reading What Sold in the Delaware Beach Areas →

WHAT SOLD? 77 Properties (both single family and condo/townhomes) sold last week.  They ranged in price from a low of $150,000 to a high of $2,264,000. All Properties were “fee simple” and were located in Rehoboth Beach, Dewey Beach, Lewes, Milton, Bethany Beach, Fenwick Island, Harbeson, Millsboro, Ocean View, Millville, Frankford, Dagsboro and Selbyville. Click … Continue reading What Sold at the Beach Jan 24 – Jan 31 →

WHAT SOLD? 45 Properties (both single family and condo/townhomes) sold last week.  They ranged in price from a low of $210,000 to a high of $3,200,000. All Properties were “fee simple” and were located in Rehoboth Beach, Dewey Beach, Lewes, Milton, Bethany Beach, Fenwick Island, Harbeson, Millsboro, Ocean View, Millville, Frankford, Dagsboro and Selbyville. Click … Continue reading What Sold at the Beach Jan 17 – Jan 24 →

  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 →