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Sold Properties in June 2018

Stats Include All Sales Posted by All Brokers on the MLS
Info. from the Sussex County Association of Realtors MLS
*No Lots Sold for the Month of June 2018

Just For Fun . . .

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Monthly Trivia

General Trivia

A. What kind of person shall not be honored on a US postal stamp, according to the US postal service and the Citizen’s Stamp Advisory Commitee?

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B. Which is the only team to play in every soccer World Cup tournament?

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C.  Raquel Welch once had a job as a what?

Why We Live Here . . .

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 June:

As of the end of June, there were a total of 2,147 homes on the market, an increase of 5% from the previous month’s end inventory of 2,050.  This represents an 8-month’s supply of inventory, with a current absorption rate of 282 homes sold per month thus far in 2018.  Of the total inventory, 33.5% (719 homes) of the homes available are new construction.

Closed Sales

For the first six months of 2018, sales of single-family homes in Sussex County are down 3% from last year, with 1,689 homes sold compared to 1,750 for the first six months of 2017.  The areas with the largest increase were the Bethany/Ocean View/Fenwick Area, up 10% and the Lewes/Rehoboth/Dewey Area, up 1%.  The areas with the largest decrease are the Angola/Long Neck/Millsboro Area, down 13%, and the Milford Area, down 11% from last year to date.

A Distinctive Backyard Can Turn Heads

Savvy agents understand that staging homes both indoors and outdoors is vitally important. Here are a few tips to help ensure that your backyard is as distinctive as what’s inside:

Create a conversation area with furniture: The area needn’t be elaborate; just two chairs pulled close together with a table between can make even the most basic concrete patio special. An outdoor eating option is even more inviting.

Remember the kids: If you have a tree house, fix it up and paint it bright colors or add sporty designs to get the attention of the kids. Just make sure the tree house is safe. Add a tire swing to a tree and have a basket of balls, toys and a jump rope so kids dragged along can play in the yard.

Firepits/hearths: Few home improvements create the “wow” factor that a backyard fireplace or firepit will. It can create the appeal of a home’s interior in the backyard.

Simple fixes: Do a thorough inspection and replace any damaged boards on your deck or fence and apply a fresh coat of paint, stain and sealant if the finish requires it. You should also weed and groom your garden and add some perennials for color.

Creating a backyard sanctuary is one of the smartest things you can do to make your home stand out, so make your outdoor space a destination to remember.

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