$1.8M  
The Rehoboth Beach market was steady this week as sales remained at three homes over the prior 30 days, but the area is experiencing a confirmed upward trend of contracts closing, now up to six. Pricing in Rehoboth Beach remains consistent from last week to this week, with the median sales price at $550,000 again. Rehoboth Beach is a definite buyer's market, due to a big 38 months of inventory left and aided by the flat sales.
Comments:

$2.2M  
Over the last 30 days, an identifiable downward trend of new sellers coming into the Rehoboth Beach market continued, with 13 listings in this week's report. Meanwhile, sales rose, with two homes selling during the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price jumped to $1,152,500 over the latest reporting period for Rehoboth Beach, up from $550,000. Even after the uptick in sales, an elevated 55 months of inventory tells us that Rehoboth Beach is still a strong buyer's market.
Comments:

With 1,327 residents, Rehoboth Beach is an average-sized city in Delaware. Also, with 1,128.9 people per square mile, it has a lower than average density in comparison to other parts of the state. The Rehoboth Beach market is mostly made up of detached houses, which currently account for 62% of the homes for sale in the area. The top school in the city is Rehoboth Elementary School.
Comments:

$265K  
Sellers in Rehoboth Beach weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Rehoboth Beach usually averages 0.9 sales per month.
Comments:

$265K  
The Rehoboth Beach market was quiet this week as no sales were reported over the previous 30 days. Rehoboth Beach usually averages 0.9 sales per month.
Comments:

$1.5M  
No deals were completed in the Rehoboth Beach market over the last 30 days. Rehoboth Beach usually averages 0.9 sales per month.
Comments:

$1.7M  
Sellers in Rehoboth Beach weren't able to find buyers for their properties, resulting in a 30 day period of no sales. Rehoboth Beach usually averages 0.9 sales per month.
Comments:

$869K  
The Rehoboth Beach market was quiet this week as no sales were reported over the previous 30 days. Rehoboth Beach usually averages 1.0 sales per month.
Comments:

Rehoboth Beach is a small city in Delaware. It ranks 20th in affluence with a median income of $61,673 per household, and it's the seventh-youngest, with a median age of 59. Rehoboth Beach is an area where 18.9% of the homes are owned, while 4.8% are rented. Topping the list of best schools in the city is Rehoboth Elementary School.
Comments:

$2.2M  
With home sales in the Rehoboth Beach market already below average, in this week's report they dropped 50.0% to one home sold over the last 30 days. Within the same time frame, Dewey Beach had four sales, the most of all cities in the area. The median sales price tumbled to $190,000, down from last week's $680,000. Rehoboth Beach is a solid buyer's market, due to a big 15 months of inventory left and aided by the dip in sales.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page

Ask a local expert about this area:
Long & Foster Real Estate, Inc.
Snapped 1 home in this area
Long & Foster Real Estate, Inc.
Snapped 1 home in this area
Long & Foster Real Estate, Inc.
Snapped 1 home in this area

Agents that specialize in this area
1 snap in this area
1 snap in this area
1 snap in this area
1 snap in this area
2 snaps in this area
1 snap in this area
1 snap in this area
2 snaps in this area
1 snap in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by Black Knight Financial Services. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.