Market report, updated

Market Report

Search in the counties of Kent, New Castle, and Sussex, in the school district of Cape Henlopen

coastalhomesteadgroup.com
Report prepared by coastalhomesteadgroup.com Coastal Homestead Group

Market at a glance

Over the last 6 months, homes sold for 97.9% of list price in 69 days on average.

Average price, last 12 months

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

List · $832K Sold · $822K
$970K$870K$770K$670K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 230 sales in Jun. Last month: 189.

Where the market stands

All homes in this report, by status.

2,488homes
Active990 · 40%
Under contract305 · 12%
Sold (6 mo)1,193 · 48%

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$869K
Under contract$832K
Sold$724K

Average days on market

Active128 days
Under contract315 days
Sold69 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 990
Average list price $869,229
Avg. days on market 128 days
Avg. price per ft² $369
Avg. living area 2,319 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.

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

Bedroom mix

Number of homes by bedroom count.

107 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
6 Hickman St$1,343
18 Delaware Ave$1,321

All active listings (990)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
100 E Savannah Rd Unit 1ELewes, DE 19958 22672$550,000$8180 days
216 Hay StMilton, DE 19968 443,274$519,000$158—
30351 E Mill RunMilton, DE 19968 422,100$515,000$245—
28447 W Springside DrMilton, DE 19968 422,100$385,000$183—
6 Hickman StRehoboth Beach, DE 19971 532,452$3,295,000$1,343—
11 HenlopenRehoboth Beach, DE 19971 643,134$3,995,000$1,274—
23084 Narrows LnLewes, DE 19958 543,444$849,000$2462 days
35041 North DrLewes, DE 19958 321,508$175,000$1161 day
2101 Emden Ln Unit 107Lewes, DE 19958 22932$310,000$3322 days
3600 Sanibel Cir Unit 3611Rehoboth Beach, DE 19971 22984$480,000$4871 day
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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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