For Events, Why We Live Here Series, What Sold, Company Updates and more . . .

Sold Properties in March 2017


* No Lots Sold – March 2017
* Stats Include All Sales Posted by All Brokers on the MLS
* Info. from the Sussex County Association of Realtors MLS

Enter to Win $50,000 – Update your Home to Give it Good Bones
Plus One Person will Win $2,500 Every Week

Monthly Trivia


General Trivia
A. What did the famous Hollywood sign, located in Los Angeles, originally say?
Sports Icon
B. Which player is famous for “calling his shot?”
Entertainment Icon
C. Which actor that once played James Bond previously competed in the Mr. Universe bodybuilding competition?

Market Activity for March:


As of the end of March, there were a total of 2,147 homes on the market, an increase of 2% from the previous month’s end inventory of 2,105.  This represents a 9-month’s supply of inventory, with a current absorption rate of 232 homes sold per month thus far in 2017.

Closed Sales

For the first 3-months of 2017, sales of single-family homes in Sussex County are up 24% over last year, with 695 homes sold compared to 562 for the first three months of 2016.  The areas with the largest increase were the Dagsboro Area, up 48% and the Bethany Area, up 42%.  The areas with the largest decrease are the Milton Area, down 33% and the Georgetown Area, down 6% from last year to date.

Dagsboro

Five Tips to Beautify the Bath


Updating a tired-looking bathroom is a great way to increase a home’s resale. The fixes don’t need to be costly or labor intensive:

Beautify: Add decorative glass, stone tile or accents to make a bathroom stand out. Extra-wide wall tiles are popular and wood cabinets can be embellished with carved wooden inlays.
Lighting: Add more lighting options around the room to reduce shadows and glare. Mood lighting around the tub area is also very popular.
Bath/Shower: A new tub and a spa-like atmosphere can do wonders for a bathroom. Adding a massage element to the showerhead will appeal to buyers.
Update Fixtures: Changing the fixtures in a bathroom can add a great deal. From cabinet handles to faucets, the addition of brushed nickel or other metals is always a huge hit. And if space permits, add a second sink.
Think Green: Install fixtures that save water. A low-flow showerhead, low-flow faucet aerator and a dual-flush toilet can save thousands of gallons of water. Energy-efficient windows is another easy option.
A renovated bathroom offers an intimate, contemporary feel and is one of the things people will remember about a home.

Have You Seen Our Commercials!?


Share