The State of the Market

2016 vs. 2017
 

Market Snapshot SF.C.TH


— IN SUMMARY —

 INCREASE STAT

The total number of properties sold has increased by nearly 17%
in 2017 compared to 2016 sales statistics.



DECREASE STAT

The average number of Days on Market (DOM) has decreased
with homes currently selling on average 17 days (12%) faster than 2016 numbers.



INCREASE STAT

The average sales price has increased by 4.8%
an average difference of nearly $20,000.



DECREASE STAT

There is a significantly lower inventory of homes currently listed for sale.




Zip Codes Included:
19930 Bethany Beach, 19944 Fenwick Island, 19945 Frankford, 19958 Lewes, 19966 Millsboro (includes Long Neck),
19967 Millville, 19968 Milton, 19970 Ocean View, 19971 Rehoboth Beach (includes Dewey Beach), 19975 Selbyville

NOTE:  Data as of January 19, 2018,  for only residential Single Family and Condo/Townhome properties.
Data maintained: may not reflect all real estate market activities; is deemed reliable but not guaranteed; and is subject to change without notice.