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Cape Henlopen Home Values and Market Report

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Report prepared by coastalhomesteadgroup.com Coastal Homestead Group

Market at a glance

Over the last 12 months, homes sold for 98.4% of list price in 74 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $841K Sold · $831K
$970K$870K$770K$670K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 230 sales in Jun. Last month: 186.

Where the market stands

All homes in this report, by status.

3,470homes
Active994 · 29%
Under contract309 · 9%
Sold (12 mo)2,167 · 62%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$868K
Under contract$821K
Sold$739K

Average days on market

Active127 days
Under contract315 days
Sold74 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 994
Average list price $867,959
Avg. days on market 127 days
Avg. price per ft² $368
Avg. living area 2,321 ft²
Avg. beds / baths 3.5 / 3.0

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

20 homes didn’t report living area and aren’t shown.

1 home is larger or pricier than this chart’s scale and isn’t shown.

$6M$4M$2M$0

Price vs. living area: 229 homes plotted, up to $6M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

11 homes didn’t report days on market and aren’t shown.

Bedroom mix

Number of homes by bedroom count.

108 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

1 St Louis St Unit 204$1,725
1 Virginia Ave Unit 511$1,620
307 S Boardwalk Unit 803$1,486
21 S Rodney Dr$1,356
123 Saint Lawrence St$1,349
18 Delaware Ave$1,321
100 Collins St Unit 108$1,278

All active listings (994)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
201 Canary DrLewes, DE 19958 321,967$775,000$3942 days
24894 Wetherby CirMillsboro, DE 19966 332,287$570,000$2493 days
0003b Birchwood LnMilton, DE 19968 443,365$644,000$1913 days
17728 Beaver Dam RdLewes, DE 19958 321,451$425,000$2923 days
21535 Cattail DrRehoboth Beach, DE 19971 43—$645,140—3 days
21532 Cattail DrRehoboth Beach, DE 19971 432,430$668,420$2753 days
33910 Bridget LnLewes, DE 19958 321,975$799,000$404—
1 Anser LnLewes, DE 19958 432,541$569,900$224—
28604 Blossom LnMilton, DE 19968 332,032$559,990$2753 days
12 Wilmington Ave Unit 7Rehoboth Beach, DE 19971 321,521$1,850,000$1,2164 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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