Sussex County, Delaware Home Sales - as of July 24, 2009

THe National Association of Realtors reports that existing home sales is up for the third month in a row. So, for our local market, things are looking up! The real estate market, albeit sluggish, is still continuing to surprise us with sales! Below is a breakdown of what has sold this year.

Single Family - 763
Condos / Town Homes - 267
Mobile - 115
Multi Family - 3
Lots / Land - 162
Farms - 6
Commercial - 22

The total closed real estate transactions for this year thus far is 1,338. The average list price, as of June 30, 2009, was $321,130, and the average sales price was $298,522. Homes are selling at 93% of list price, and averaging 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.