Sussex County Home Sales - as of April 27, 2009

The season has begun! We were able to get out and enjoy the beach this weekend, and even strolled the new boardwalk in Rehoboth. It was nice to get out and soak up the sun!
The real estate market continues to move -- slowly, but continously. In the past two weeks, there have been 74 new closed real estate transactions. Below is a break down of what has sold this year.

Single Family - 323
Condo / Town Home - 106
Mobile Home - 41
Multi- Family - 2
Lots / Land - 79
Farms - 2
Commerical - 10

The total closed real estate transactions for the yaer thus far is 563. The average list price as of March 31 was $313,762, and the average sales price was $294,587. Homes are selling at 93.9% of list price and are averaging 198 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.

Sussex County Home Sales - as of November 16, 2008

The weather outside is getting colder, but the real estate market in Sussex County, Delaware is warming up. There were fifty closed real estate transactions in the past week, bringing the total for the year to 2,616. Here is the breakdown per type.

Single - 1,422 (compared to 1,400 on 11/10)
Condo / Town Home - 571 (compared to 556 on 11/10)
Mobile - 259 (compared to 250 on 11/10)
Multi - 4 (compared to 4 on 11/10)
Lots / Land - 298 (compared to 294 on 11/10)
Farms - 7 (compared to 7 on 11/10)
Commercial - 55 (compared to 55 on 11/10)

The total closed real estate transactions totaled 2,616 for the year thus far. The average list price, as of October 31, 2008, was $374,225, and the average sales price was $348,199. Listings have been selling at 93% of list price, and have been averaging 190 days on the market.