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EXIT Central Realty

Dover Location:
598 N. DuPont Hwy
Dover, DE 19901
Phone: 302.674.2900

Milford Location:
615 N. DuPont Blvd
MIlford, DE 19963
Phone: 302.424.8221

Email: Info@DelawareListed.com

Blog: Real Estate Market

Real Estate Market on the Rise

New statistics have shown that the real estate market is steadily climbing up!

According to a recent release from the Sussex County Association of Realtors:

"Through the first six months of 2014, real estate sales in Sussex County have increased more than 14 percent over the first six months of 2013, with a shade over $350 million in sales recorded in the county.

And even better news could be on the horizon, as 801 sales are now pending in Sussex County. This would add significantly to the 1,044 homes already sold thus far in 2014.

The number of sales has also increased 30 percent in the second quarter, over the first three months of the year. Taking all available data into account, the area's real estate markets continue to benefit from an increase in momentum, with cautious optimism prevalent related to the days, months and years ahead."

And Kent County's stats aren't too far behind. They have only increased slightly but the fact that we are maintaining a steady market is still cause for some optimism!
 

Kent County - Single-Family
 

Inventory
  Jun '13 Jun '14
Inventory 1,254 1,279
Inv. Accumulation 10.9 10.6

 

Market History
  Jun '13 Jun '14
Settled 123 126
Median Price $189,000 $179,000
SPrice/OPrice 94.5% 95.8%

 

Year-to-Date Market Snapshot
  Jun '13 Jun '14
Settled 682 664
Median Price $179,000 $185,000
SPrice/OPrice 93.42% 94.07%
 

 

EXIT Central & Preferred Realty Branch Offices 

Dover, DE Milford, DE Cecil County, MD Baltimore County, MD Harford County, MD Ann Arundel County, MD
EXIT Central Realty EXIT Central Realty EXIT Preferred Realty EXIT Preferred Realty EXIT Preferred Realty EXIT Preferred Realty
302.674.2900 302.424.8221 410.670.9100 410.670.9100 410.670.9100 410.768.0600
598 N. DuPont Hwy 615 N. DuPont Blvd 2615 Augustine Herman Hwy 8839 Belair Rd 2105 Laurel Bush Rd, #110 7164 E. Furnace Branch Rd, Ste D
Dover, DE 19901 Milford, DE 19963 Chesapeake City, MD 21915 Baltimore, MD 21236 Bel Air, MD 21015 Glen Burnie, MD 21060
www.DelawareListed.com www.DelawareListed.com www.ExitChesapeakeBay.com www.ExitPreferred.net www.ExitPreferred.net www.ExitPreferred.net

Equal Housing OpportunityMLS membershipREALTOR® certification

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