Market report, updated

Market Report

Search in the counties of Kent, New Castle, and Sussex, in the subdivision of Arnell Creek

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Report prepared by coastalhomesteadgroup.com Coastal Homestead Group

Market at a glance

Over the last 6 months, homes sold for 101.8% of list price in 3 days on average.

Average price, last 12 months

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

List · $566K Sold · $570K
$580K$540K$500K$460K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 3 sales in May. Last month: 0.

Where the market stands

All homes in this report, by status.

3homes
Active2 · 67%
Sold (6 mo)1 · 33%

Buyer's or seller's market?

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

4.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$752K
Sold$560K

Average days on market

Active64 days
Sold3 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 2
Average list price $751,950
Avg. days on market 64 days
Avg. price per ft² $288
Avg. living area 2,594 ft²
Avg. beds / baths 4.0 / 3.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$900K$600K$300K$0

Price vs. living area: 2 homes plotted, up to $900K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 2 homes in this status.

1 Tall Oaks Ct$299
2 Melody Ct$278

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2 Melody CtRehoboth Beach, DE 19971 432,388$664,000$27842 days
1 Tall Oaks CtRehoboth Beach, DE 19971 432,800$839,900$29986 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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