January 2014 Real Estate Market Update for Southern Delaware

January 2014 Sales at $61,418,158 were up 31% over January of 2013 in Sussex County! Single family homes were up 27% over the same period last year.  Condos and Townhomes were up 42% over the prior January.  Sales from 2012 to 2013 in January were flat a year ago so this is a big improvement.

Commenting on this new information, Gail Alm of Fairway Independent Mortgage in Rehoboth Beach said, “Even though the weather has been a factor, these are very strong numbers for January 2014 and showing a continuing trend of recovery to our very own housing market.  The average single family home price sold last month was up 17% over January 2013 at $301,054.  This shows that average home prices are also on the rise after having been flat the prior January.  In Sussex County last month there were 7 real estate transactions every single day!  Properties are selling!”

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We focus on our clients - the 65,000 Baby Boomers, or at least the ones that would like to live in Delaware or already do. We Specialize In Buyer Representation of New Homes and Resale Homes in Delaware.

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Kathy Sperl-Bell, Broker at Active Adults Realty
302-542-1203
Kathy@ActiveAdultsRealty.com