$1.2M  
The Dewey Beach market saw sales remain consistent with two homes sold over the last 30 days and is also under a new downward trend in the number of contracts closing, with this week's number falling to two. The median sales price of all transactions in Dewey Beach did not budge this week, remaining at $605,000. With a downward trend in contracts numbers and 16 months of inventory still left to work through, Dewey Beach is a definite buyer's market.
Comments:

$1.2M  
The Dewey Beach market saw sales remain steady this week at two homes sold over the last 30 days, while it undergoes an identifiable downward trend in price reductions, with one in the same time frame. While price reduction numbers were weak, the median sales price of homes sold came in at $605,000, which extended a price upswing to four weeks. With no movement in sales and the availability of 16 months of inventory, Dewey Beach is a definite buyer's market.
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$1.2M  
Dewey Beach is a small city in Delaware with a population of 341 residents, and it has a lower than average density compared to the rest of the state, with 1,039.5 people per square mile. It should be noted that 9.5% of the homes in Dewey Beach are owned, while 2.5% are rentals. The top school in the city is Lewes Day Treatment Center.
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$1.2M  
The Dewey Beach market is currently in the middle of an extended upward sales trend, even as sales remained flat at two homes sold over the last 30 days. The median sales price in Dewey Beach stayed put this week at $605,000. Dewey Beach is a definite buyer's market, thanks to a big 16 months of inventory to choose from and the flat sales.
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$119K  
The Dewey Beach market warmed up this week and remained above its average as sales reached one home sold over the last 30 days. To put it in perspective, close-by Millsboro registered two homes sold in the same time frame, the most of all surrounding cities. Dewey Beach is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of 33 months of remaining inventory.
Comments:

$119K  
Sellers in Dewey Beach weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Dewey Beach usually averages 0.2 sales per month. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks.
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$1.2M  
No deals were completed in the Dewey Beach market over the last 30 days. Dewey Beach usually averages 0.2 sales per month.
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$119K  
The Dewey Beach market was quiet this week and reported zero home sales over the last 30 days. Dewey Beach usually averages 0.2 sales per month.
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$1.2M  
Dewey Beach is much younger the rest of Delaware, with a median age of 53. However, it happens to be the ninth- richest city in the state, with a median income of $72,122 per household. The Dewey Beach market is almost exclusively made up of condos and townhouses, currently accounting for 3% overall. The best school in the city is Lewes Day Treatment Center.
Comments:

$119K  
The Dewey Beach market was quiet this week and reported zero home sales over the last 30 days. Dewey Beach usually averages 0.2 sales per month.
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