$678K  
The number of sellers who put their homes up for sale in the Lewes market over the last 30 days remained flat this week at one. Home sales also remained unchanged from the prior period and once again one home was sold. The median sales price of all transactions in Lewes did not budge this week, remaining at $220,000. With no movement in sales and the availability of seven months of inventory, Lewes is a strong buyer's market.
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$649K  
The Lewes market was active this week as sales reached one home sold over the last 30 days, edging past the average sales volume for the prior 12 months. Within the same time frame, Milford had eight sales, the most of all cities in the area. Despite the uptick in sales, there are still seven months of inventory left to work through, meaning Lewes is still a definite buyer's market.
Comments:

Lewes is the fifth-youngest city in Delaware, with a median age of 62. It also ranks 30th in terms of affluence with a median income of $55,947 per household. The Lewes market mostly consists of detached houses, accounting for 67% of the current homes in the area. Leading the list of top schools in the city are Shields Elementary School, Beacon Middle School, and Cape Henlopen High School.
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$678K  
No deals were completed in the Lewes market over the last 30 days. Lewes usually averages 0.6 sales per month.
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$499K  
The Lewes market was quiet this week as no sales were reported over the previous 30 days. Lewes usually averages 0.5 sales per month.
Comments:

$649K  
The Lewes market was even this week as sales remained at one home over the prior 30 days, but the area is experiencing an extended upward trend of contracts closing, now up to two. The median sales price of all transactions in Lewes did not budge this week, remaining at $245,000. Along with flat sales, a relatively high eight months of inventory indicates that Lewes is a solid buyer's market.
Comments:

$499K  
The Lewes market saw sales remain flat this week with one home sold over the last 30 days and new listings also remain flat at zero. The median sales price in Lewes stayed put this week at $245,000. Lewes is a definite buyer's market, thanks to a big seven months of inventory to choose from and the flat sales.
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$499K  
Lewes is a larger than average city in Delaware with a population of 2,747 residents, and it has a much lower than average density compared to the rest of the state, with 722.3 people per square mile. Keep in mind, 39.8% of the homes in Lewes are owned, while 12.9% are rented. The top schools in the city are Shields Elementary School, Beacon Middle School, and Cape Henlopen High School.
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$499K  
Over the past 30 days, there have been fewer price cuts in the Lewes market, continuing a three-week declining trend to land at zero. However, home sales remained flat with one over the same period. Pricing in Lewes remains consistent from last week to this week, with the median sales price at $245,000 again. Lewes is a solid buyer's market, thanks to a big seven months of inventory to choose from and the flat sales.
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$959K  
The Lewes market got a boost this week as sales rose to one home sold over the last 30 days to go with an established upward trend of contracts closing, now up to one. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. Even with the rising contracts, with seven months of inventory available, Lewes is a still definite buyer's market.
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