March 2013 Real Estate Market Watch

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 thorugh March, with 420 single-family homes sold, compared to 411 through March of 2012.  In addition, the average sales price and median sales prices are up. Inventory is starting to increase month-by-month, and many indicators are pointing to another strong year in sales of homes. It looks like we are approaching what experts call a "normal" market, one where it is advantageous for both buyers and sellers.

The attached report details the sales of single-family homes in Sussex County for the month ending March 2013.

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