Market report, updated

Market Report

Search in the counties of Kent, New Castle, and Sussex, in the city of Rehoboth Beach

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

Market at a glance

Over the last 6 months, homes sold for 96.2% of list price in 75 days on average.

Average price, last 12 months

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

List · $1.01M Sold · $980K
$1.4M$1.2M$1M$800K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 60 sales in Jun. Last month: 53.

Where the market stands

All homes in this report, by status.

624homes
Active251 · 40%
Under contract59 · 9%
Sold (6 mo)314 · 50%

Buyer's or seller's market?

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

4.8months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$1.29M
Under contract$1.21M
Sold$953K

Average days on market

Active88 days
Under contract88 days
Sold75 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 251
Average list price $1,292,803
Avg. days on market 88 days
Avg. price per ft² $544
Avg. living area 2,205 ft²
Avg. beds / baths 3.7 / 3.1

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.

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

4 homes are larger or pricier than this chart’s scale and aren’t shown.

$6M$4M$2M$0

Price vs. living area: 215 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.

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

Bedroom mix

Number of homes by bedroom count.

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

Highest price per ft²

Top 7 homes among the newest.

21095 Elizabeth Ave$2,474
21089 Elizabeth Ave$2,215
111 Stockley St$2,200
5 Henlopen Ave$2,109
37519 Oyster House Rd Unit 1$1,993
37519 Oyster House Rd$1,993
16 Christian St$1,855

All active listings (251)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
34684 Michelle DrRehoboth Beach, DE 19971 424,311$750,000$1732 days
37021 Rehoboth Avenue Extension Unit HRehoboth Beach, DE 19971 ———$485,000——
123 Beaver Dam ReachRehoboth Beach, DE 19971 332,518$724,999$2872 days
6 Hickman StRehoboth Beach, DE 19971 532,452$3,295,000$1,3431 day
11 HenlopenRehoboth Beach, DE 19971 643,134$3,995,000$1,2741 day
3600 Sanibel Cir Unit 3611Rehoboth Beach, DE 19971 22984$480,000$4873 days
22 Maryland AveRehoboth Beach, DE 19971 542,687$2,895,000$1,0771 day
21535 Cattail Dr Unit 105Rehoboth Beach, DE 19971 43—$645,140—7 days
21532 Cattail DrRehoboth Beach, DE 19971 432,430$668,420$2757 days
12 Wilmington Ave Unit 7Rehoboth Beach, DE 19971 321,521$1,850,000$1,2167 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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