$969K  
The Dewey Beach market saw sales remain flat this week with five homes sold over the last 30 days but new listings fell to four. Potential buyers should note that prices are coming down in Dewey Beach, and for this period the median sales price slid from $604,900 to $584,900. With no movement in sales and the availability of 13 months of inventory, Dewey Beach is a strong buyer's market.
Comments:

$624K  
Over the last 30 days, the Dewey Beach market was healthy with five homes sold, a 66.7% increase from last week's report. In comparison, nearby Milton had two sales in the same time frame, the most of all neighboring cities. Pricing in Dewey Beach remains consistent from last week to this week, with the median sales price at $604,900 again. Dewey Beach is still a solid buyer's market, due to the availability of 12 months of remaining inventory, even after the uptick in sales.
Comments:

$1.2M  
This week in the Dewey Beach market, sales dropped to three homes sold over the last 30 days, coinciding with an identifiable downward trend in price reductions, with four in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. As the lowering of listing prices trended lower, sale prices themselves have also been increasing. The median sales price hit $604,900, extending a four-week long spike. Dewey Beach is a definite buyer's market, due to a big seven months of inventory left and aided by the dip in sales.
Comments:

Dewey Beach is much younger the rest of Delaware, with a median age of 53. However, it happens to be the ninth-wealthiest city in the state, with a median income of $72,122 per household. The Dewey Beach market almost exclusively consists of condos and townhouses, accounting for 0% of the current homes in the area. The best school in the city is Lewes Day Treatment Center.
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$1.2M  
The Dewey Beach market has established a confirmed upward trend, even as sales remained the same this week at five homes over the last 30 days. Potential buyers should take note that the median sales price in Dewey Beach stayed flat at $675,000 and that there are four months of inventory still available.
Comments:

$1.2M  
The Dewey Beach market made gains this week and remained above its average as sales shot up 25.0% to reach five homes sold over the last 30 days. At the same time, close-by Milton reported two home sales, the highest number from all the surrounding cities. The median sales price rose to $675,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$1.2M  
The number of homes coming into the Dewey Beach market stayed firm with zero listings over the last 30 days, while sales remained right where they were as once again four homes were sold over the same period. The prices of sold homes went up with the median sales price setting a three-month high at $674,950.
Comments:

$1.2M  
The Dewey Beach market got a boost this week as sales rose to four homes sold over the last 30 days to go with an identifiable upward trend of contracts closing, now up to three. All indications show that the trend may be coming to an end, meaning less pending transactions over the next few weeks. The median sales price jumped to $642,500, up from last week's $459,900.
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$1.2M  
Over the last 30 days, the Dewey Beach market showed positive signs with two homes sold, a 100.0% increase from last week's report. Within the same time frame, Georgetown had four sales, the most of all cities in the area. The median sales price jumped to $459,900, up from last week's $119,900. Despite the uptick in sales, there are still 12 months of inventory left to work through, meaning Dewey Beach is still a strong buyer's market.
Comments:

Dewey Beach is a small city in Delaware with 341 residents. Also, it has a lower than average density with 1,039.5 people per square mile. Dewey Beach is an area where 9.5% of the homes are owned, while 2.5% are rented. The best school in the city is Lewes Day Treatment Center.
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