The State of the Market

2018  -vs-  2019
(January 1 – December 31 of each year)

2019 mid Year Market Snapshot SF.C.TH v2


— IN SUMMARY —

 DECREASE STAT

The total number of properties sold increased by 6.4%
in 2019 compared to year-end 2018 stats.



DECREASE STAT

The average number of Days on Market (DOM) decreased
in 2019 with homes selling on average 10 days (9.3%) faster than 2018 numbers.



INCREASE STAT

The average sales price increased by 5.0%
— an average difference of just over $22,000.





Zip Codes Included:
19930 Bethany Beach, 19939 Dagsboro, 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

SOURCE: Data compiled from Bright™ MLS System, as of 9 January, 2020, and is: subject to without notice,
may not reflect all real estate transactions; and is considered accurate but not guaranteed.