$1.1M  
Over the last 30 days, the Dewey Beach market looked busy with three homes sold, a 50.0% increase from last week's report. To put it in perspective, close-by Ocean View registered two homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $545,000 over the latest reporting period for Dewey Beach, down from $587,000. Despite the uptick in sales, there are still nine months of inventory left to work through, meaning Dewey Beach is still a definite buyer's market.
Comments:

$1.1M  
The Dewey Beach market looked busy this week and remained above its average as sales rose 100.0% to reach two homes sold over the last 30 days. Within the same time frame, Ocean View had two sales, the most of all cities in the area. Prices are rising in Dewey Beach, and the median sales price this period increased from $545,000 to $587,000. Despite the uptick in sales, there are still 14 months of inventory left to work through, meaning Dewey Beach is still a solid buyer's market.
Comments:

$614K  
With a solid upward trend of new sellers listing homes, including two over the last 30 days, and sales that remained the same at one in that same time frame, the Dewey Beach market will be steady. All indications show that the trend should continue, meaning more new listings over the next few weeks. Prices are falling in Dewey Beach, and this period the median price of all sales fell from $919,010 to $545,000. Along with flat sales, a relatively high 29 months of inventory indicates that Dewey Beach is a strong buyer's market.
Comments:

$119K  
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. Keep in mind, 9.5% of the homes in Dewey Beach are owned, while 2.5% are rented. Heading the list of top schools in the city is Lewes Day Treatment Center.
Comments:

$1.1M  
The Dewey Beach market is enjoying a prolonged upward trend, even as sales remained flat at one home over the last 30 days. As sales trended higher, the median sales price climbed with it, trending upwards for eight weeks to reach $919,010. Dewey Beach is a definite buyer's market, due to a big 27 months of inventory left and aided by the flat sales.
Comments:

$614K  
The number of sellers who put their homes up for sale in the Dewey Beach 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 Dewey Beach did not budge this week, remaining at $919,010. Dewey Beach is a definite buyer's market, due to a big 27 months of inventory left and aided by the flat sales.
Comments:

$639K  
Sales retained their current pace and came in at one home sold in the Dewey Beach market over the last 30 days. However, a six-week upward trend for contracts was extended, with two pending transactions in the same time frame. While contracts were solid, months of inventory hit 27, extending an upward trend to four weeks. Dewey Beach is a definite buyer's market, thanks to such a large amount of inventory to choose from and the pullback in sales numbers.
Comments:

$1.1M  
The Dewey Beach market extended a six-week hot streak this week, extended as sales rose to one home sold over the last 30 days. Dewey Beach is a still strong buyer's market with 26 months of remaining inventory, even with the rising sales numbers.
Comments:

$1.1M  
The Dewey Beach market was quiet this week as no sales were reported over the previous 30 days. Dewey Beach usually averages 0.4 sales per month. While there was a lack of activity, the median sales price of homes sold came in at $0, which extended a price upswing to four weeks.
Comments:

$639K  
The Dewey Beach market was quiet this week and reported zero home sales over the last 30 days. Dewey Beach usually averages 0.4 sales per month.
Comments:
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Artisan Realty
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Weichert, REALTORS
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Coldwell Banker Residential Brokerage
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