Despite all the rain we have had, buyers are out in full force, looking for deals and new homes! It has been a busy Spring/Summer so far ... at least in our office. Below is a breakdown of what has sold this year thus far.
Single Family - 585
Condo / Town Home - 192
Mobile - 93
Multi Family - 3
Lots / Land - 136
Farms - 4
Commercial - 19
The total closed real estate transactions for the year thus far is 1,032. Seventy-one homes sold since my last update, which was June 15, so that is a great indication that things are really moving. The average list price, as of May 31, was $316,358, with an average sales price of $294,883. Homes sold at 93.2% of list price and averaged 199 days on 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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