Sussex County, Delaware Home Sales - as of July 15, 2009

Times are changing, and with that brings a busy real estate market. Summer has been good for the county so far, and we hope it will continue. Our website, www.beachtobayrec.com, is the only one in the county to offer an exclusive FORECLOSURE/BANK OWNED page, and in the past 2 weeks, I have noticed very few new ones come on the market, and quite a few that have sold or under contract. This is encouraging news when you look at the big picture. This is an indication that the economy is turning slightly. Let's jsut keep our fingers crossed!

Here is a breakdown of what has sold this year thus far.

Single Family - 708
Condo / Town Home - 238
Mobile - 107
Multi Family - 3
Lots / Land - 156
Commercial - 22
Farms - 6

The total closed real estate transactions for 2009 is 1,240. The average list price as of June 30, 2009, was $321,130, with an average sales price of $298,522. Listings sold at 93% of list price and average 201 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.