THE JULIE HALL TEAM

Lewes & Rehoboth Real Estate

Market Update - A Local Perspective

New Castle County, DE

New Castle County  experienced a 21.9% decrease in the number of sold homes for the first month of 2019 compared to 2018 and a 3.7% increase in the median sales price from $215,000 to $222,950. The number of homes that went under contract in 2019 increased 5.4% from 2018.

Kent County, DE

For the 1st month of 2019, Kent County experienced a 42.3% decrease in the number of sold homes compared to 2018 and a 15.6% increase in the median sales price from $184,250 to $213,000. The number of homes that went under contract in the first month of  2019 decreased 27.6% from 2018.

Sussex County, DE

For the first month of 2019, Sussex County experienced a 26.3% decrease in the number of sold homes compared to 2018 and a 5.0% increase in the median sales price from $273,750 to $287,500. The number of homes that went under contract in the 1st month of 2019 decreased 2.2% from 2018.

Southern Chester County, PA

Southern Chester County  experienced an 28.4% increase in the number of sold homes in the 1st month of 2019 compared to 2018 and a 5.4% increase in the median price of sold homes, from $370,000 to $390,000. The number of homes that went under contract in the first month of 2019 decreased 27.1% from 2018.

Cecil County, MD

For the first month of 2019, Cecil County experienced a 16.9% decrease in the number of sold homes compared to 2018 and an increase in the median sales price of 8.3%; from $205,000 to $222,000. The number of homes that went under contract in the 1st month of 2019 increased 1.4% from 2018.

Reports are based on data supplied by  Bright MLS.   Bright MLS does not guarantee nor are responsible for its accuracy. Data maintained by an MLS may not reflect all real estate activities in the market. Information is deemed reliable but not guaranteed.
Data is as of 2/8/2019.

Also In This Issue:

February 2019, Buyer/Seller Edition

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