Whew! What a wet month it has been. It is nice to see the sun out and the temps in the 70's. I'm ready for Spring! The real estate market is in full swing. Homes are selling, buyers are buying and home prices are remaining fairly stable. Below is a breakdown of what has sold for the year thus far.
Single Family - 414
Condo / Town Home - 143
Mobile - 57
Multi-Family - 3
Lots / Land - 102
Farms - 2
Commercial - 15
The total closed real estate transactions for 2009 thus far is 736. The average list price as of April 30, 2009 was $314,740, and the average sales price was $293,773. Homes are selling at 93.3% of list price and are averaging 196 days on the market. We anticipate sales to remain strong and prices steady. There is light at the end of the tunnel, and we can see it!
Beach to Bay Real Estate Center is a full service real estate brokerage servicing buyers, sellers and renters at the Delaware beach areas. We handle all forms of real estate, including residential, commercial, and lots and land, in addition to bank owned, short sales and auctioned properties and representation; mortgage needs including refinances, new home purchases, second homes, first time homebuyer programs and reverse mortgages; maintain professional relationships with local settlement attorneys, insurance companies, contractors, and inspection companies; and are affiliated with a preservation and restoration company. Beach to Bay services all of Sussex County, and southern Kent County, with a strong focus on the beach resort areas of Rehoboth Beach (19971), Lewes (19958), Bethany Beach (19930), Dewey Beach (19971), Milton (19968), Millsboro (19966) and more.
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