LUXURY MARKET REPORT
Multi-Year Summary


Single Family Properties Over $1MM

 

Noteworthy Observations:

Rehoboth Beach consistently ranks highest in single family luxury home sales (homes sold above the $1MM threshold) throughout the Coastal Delaware region.

As for the Coastal Delaware region as a whole:

1)  Luxury homes sold 10 days (over 7%) faster in 2020 compared to 2019 stats.

2)  In 2020, the Average Sold Price decreased slightly, $138K (7.4%) versus 2019 prices.

3)  Currently, inventory in the luxury segment of the market is extremely low.

 

Q2 Active Lux Stats



Lux Sold header B


2020 Lux Sales
Q2 SOLD Lux Stats v2

2018 Lux Sales

2017 Lux Sales

2016 Lux Sales

Lux 2015 BLux 2014 BLux 2013 B


SOURCE: Data compiled from Bright™ MLS System, as of Febuary 10, 2021, and is: subject to without notice,
may not reflect all real estate transactions; and is considered accurate but not guaranteed.