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May 2013 Market Watch

June 21, 2013

Home sales in Sussex County, Delaware continue to rise.  Overall sales of single-family homes in the county have outpaced sales from the previous year through May, with 861 single-family homes sold, compared to 796 through May of 2012, an 8% increase.  In addition, the average sales price has risen, but the median sales prices has dropped slightly. Inventory is starting to increase month-by-month, with 2,630 homes on the market as of May 31, 2013. The attached report details the sales of single-family homes in Sussex County for the month ending May 2013.

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