News & Updates

Sussex County Delaware September 2023 Real Estate Update Babs Morales and Joan Wallace of the Rehoboth Beach office of Berkshire Hathaway HomeServices PenFed Realty provide this monthly analysis of the real estate market in Sussex County, Delaware.  Whether you are buying, selling or just have an interest in the market, we hope you will find … Continue reading WHAT SOLD AT THE BEACHES →

Sussex County Delaware August 2023 Real Estate Update Babs Morales and Joan Wallace of the Rehoboth Beach office of Berkshire Hathaway HomeServices PenFed Realty provide this monthly analysis of the real estate market in Sussex County, Delaware.  Whether you are buying, selling or just have an interest in the market, we hope you will find … Continue reading WHAT SOLD AT THE BEACHES →

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 →

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 Update for 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 … Continue reading Jan – Mar 2021 Real Estate Market Watch →