Tuesday, November 11, 2008

Sussex County Homes Sales - as of November 10

The market is slowly moving, and homes are selling. See below for the closed real estate transactions for 2008, as of November 10.


Single Family - 1,400 (compared to 1,362 on 11/3)
Condo / Town Home - 556 (compared to 540 on 11/3)
Mobile - 250 (compared to 241 on 11/3)
Multi - 4 (compared to 4 on 11/3)
Lots / Land - 294 (compared to 289 on 11/2)
Farms - 7 (compared to 7 on 11/3)
Commercial - 55 (compared to 54 on 11/3)


For a total of 2,566 closed real estate transactions for 2008 thus far. Average list price, as of October 31, is $374,225, with an average sales price of $348,199. Homes have been selling at 93% of list price, and are averaging 190 days on the market.

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