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Sold Properties in April 2017


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

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Monthly Trivia


General Trivia
A. Who was the lead singer for the rock and roll band “The Crickets”?
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B. Which franchise became the New York Yankees in 1901?
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C. What was the first feature film originally presented with sound?

Market Activity for April:


As of the end of April, there were a total of 2,228 homes on the market, an increase of 4% from the previous month’s end inventory of 2,147.  This represents a 9-month’s supply of inventory, with a current absorption rate of 240 homes sold per month thus far in 2017.

Closed Sales

For the first 4-months of 2017, sales of single-family homes in Sussex County are up 19% over last year, with 962 homes sold compared to 806 for the first four months of 2016.  The areas with the largest increase were the Dagsboro Area, up 53% and the Bethany Area, up 40%.  The area with the largest decrease is the Milton Area, down 31% from last year to date.

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Color Personality: Green

The Pantone color of the year for 2017 is called Greenery. Described as a zesty yellow-green, Greenery represents springtime renewal and refreshment. If you’re thinking of using green in your décor, you’ll enjoy learning more about the personality of this special color and why Greenery is a great color choice for our time.

With such a dominant role in nature, the color green represents youth, growth and ultimately maturity. Green is often chosen as the color of money and signifies wealth and elegance. In some cultures, it has deeply religious significance. Choose green to promote harmony and well-being.
Green comes in a rich spectrum of shades and tints, serving well as the main color for any décor, or as an accent to other color schemes. With tints of yellow, green grows sunnier and sharper as it does in Greenery. With blue tones, green turns cooler, more alpine. Think of Greenery as nature’s neutral.
Greens are welcome in kitchens and dining rooms, as the most popular produce such as lettuce, limes, and peas are green. Pale greens are calming in bedrooms, and work well with blues and whites in bathrooms. You’ll find that green has a mood-lifting, nourishing effect, no matter which shade you choose.
To introduce green more dramatically, choose a primary green, like the color on stoplights or in emeralds. Green means go, so it can be energizing, but keep in mind that such colors are best used only as accents. Express your healthy vitality by incorporating greens into your home.

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