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Sold Properties in February 2018

Stats Include All Sales Posted by All Brokers on the MLS
Info. from the Sussex County Association of Realtors MLS

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A. In our solar system, which planet has the shortest day?

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B. Who is the all time leading point scorer in NBA history?

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C.  What is the Top Grossing Romantic Comedy Movie of All Time?

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A Popular Photographic Series provided weekly on our blog at SellingDelawareHomes highlighting attractions, history and interesting places here in the beach area of Southern Delaware.

Market Activity for February:

As of the end of February, there were a total of 1,877 homes on the market, an increase of 6% from the previous month’s end inventory of 1,769. This represents a 10-month’s supply of inventory, with a current absorption rate of 190 homes sold per month thus far in 2018.

Closed Sales

For the first two months of 2018, sales of single-family homes in Sussex County are down from last year, with 379 homes sold compared to 423 for the first two months of 2017. The areas with the largest increase were the Georgetown Area, up 25% and the Dagsboro/Millsboro Area, up 15%. The areas with the largest decrease are Western Sussex County, down 23% and the Bethany/Ocean View/Fenwick Area, down 12% from last year to date.

Kitchen Design Trends for Spring 2018

Kitchen design doesn’t change as quickly as other fashions, so when trends evolve, it’s time to pay attention, especially if you’re considering remodeling your kitchen. Here are five trends to consider:

Color. White kitchens are clean, pristine, and modern but they don’t have to be monotone. Colors that are coming on strong are teal, a deep bluish green and marine blue, a saturated greenish blue. If you love white, or white and grey kitchens, think about adding more color to the island, walls, cabinets or backsplash.

Matte black fixtures. Matte black looks a lot like traditional polished bronze, so for the look to work, the style needs to be sleek, geometric and contemporary. The look is also a great update for your bathroom fixtures.

Workstations. Whether you’re baking, grilling or using the stovetop, install multiple food preparation areas for chopping and mixing. Family and friends can cook together, making meal preparation a fun bonding activity. You can separate foods for individual diets, like gluten-free, and clean up is easier.

Beverage stations. Taking the place of butler’s pantries, when no one has a butler these days, are beverage stations adjoining the kitchen. Chose the appliances around your favorite drinks, including coffee machines, smoothie makers, wine storage, juice bars and cocktail mixing.

Waterfall islands. To really show off your choice of granite, dress your island with a waterfall, where the granite cascades down the sides between the seating area and food prep area. The look is worth the extra expense.

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