There has been a flutter of activity in the locate real estate market, and it is showing in the statistics. The season is beginning for the summer guests, the interest rates, although slowly climbing, are still enticing people to purchase homes, and we are seeing more homes close successfully. Below is a breakdown of what has sold this year thus far.
Single Family - 547
Condo / Town Home - 182
Mobile - 84
Multi Family - 3
Lots / Land - 124
Farms - 3
Commercial - 18
The total closed real estate transactions for 2009 thus far is 961. The average list price as of May 31, 2009 was $316,358, and an average sales price of $294,883. Homes are selling at 93.2% of list price, and averaging 199 days on the market.
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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