November, 2024 RSS Icon
Found 7 entries for November, 2024.

Sussex County Delaware has completed a revaluation of all real property in anticipation of the 2025 Tax Roll and property owners have been receiving notices in the mail which contain their new property assessments. Your new tentative assessment is based on 100% of the current assessed value of your property, as of July 1, 2023.

THE NOTICE IS NOT A TAX BILL. The Tax Rate will change; therefore, DO NOT multiply your new tentative assessed value by the current tax rate. The new tax rate will be determined by the County, Municipality & School District for the 2025 tax bill.

The 2025 assessments have been developed using recent valid market sales and economic data. The previous assessment was NOT a factor in determining the 2025 assessed value, and

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Credit to: Coastal Point, Mike Smith

York Road in South Bethany frequently floods. It floods during coastal storms, high tides and full moons, and even on “sunny-day flooding” events, including earlier this month. Until Nov. 11, it had not rained in Coastal Delaware for more than 40 days, and yet residents came to the South Bethany Town Council meeting on Friday, Nov. 8, with photos of flood-soaked streets at York and Bristol Roads that had been taken that day.

AECOM is a global infrastructure firm that includes road engineering among its work. Kyle Gulbronson is a principal planner with the firm, based in Millsboro, and was retained by the Town of South Bethany to report on options for keeping York Road passable. The key issue is about

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Last month, we shared with you that real estate sales had been strong through the first 3 quarters of the year for Ocean View. After a tremendous September, the momentum slowed in October as 25 properties in Ocean View went under contract last month. This is down 17% compared to 30 sales in October of 2023. As the graph illustrates, the median sale price for condo/townhome properties in Ocean View have risen in 2024 while single family values have held firm.  During this time of Thanksgiving, we are grateful that so many of you look to our group for real estate guidance and expertise.  We wish you all a healthy and very joyful holiday!

If you are considering a purchase or a sale, it is never too early to have a conversation. Please give us a call:

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Last month, we shared with you that real estate sales had been strong through the first 3 quarters of the year. This carried into October as 9 properties in Sea Colony went under contract last month. This is up 29% compared to 7 sales in October of 2023. As the graph illustrates, the median sale price for properties on both the East and West have risen in 2024.  During this time of Thanksgiving, we are grateful that so many of you look to our group for real estate guidance and expertise. We wish you all a healthy and very joyful holiday! If you are considering a purchase or a sale, it is never too early to have a conversation. Please reach out to our Sea Colony experts:

Gail Phelan                    Chris Housman
(302) 233-4909               (302)

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Last month, we shared with you that real estate sales had been strong through the first 3 quarters of the year for Bear Trap Dunes and Ocean View. This momentum slowed in October as 25 properties in Ocean View went under contract last month. This is down 17% compared to 30 sales in October of 2023 and there were no new sales in Bear Trap in October versus one last year. As the graph illustrates, the median sale price for properties in Bear Trap and Ocean View as a whole have risen in 2024.  During this time of Thanksgiving, we are grateful that so many of you look to our group for real estate guidance and expertise.   We wish you all a healthy and very joyful holiday!

If you are considering a purchase or a sale, it is never too early to have a

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Last month, we shared with you that real estate sales had been firm through the first 3 quarters of the year for Bayside. This trend continued in October as 2 properties in Bayside went under contract last month. This is consistent with 2 sales in October of 2023.  As the graph illustrates, the median sale price for both single family homes and condo/townhome properties in Bayside have dropped slightly in 2024. During this time of Thanksgiving, we are grateful that so many of you look to our group for guidance and expertise in real estate. We wish you a healthy and joyful holiday!

If you are considering a purchase or a sale, it is never too early to have a conversation. Please reach out to our Bayside experts:

Wayne Lyons                    Kiki

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Last month, we shared with you that real estate sales had picked up in September. This carried into October as 34 properties in the Bethany-Fenwick area went under contract last month. This is up 55% compared to 22 sales in October of 2023. As the graph illustrates, the median sale price for both single family homes and condo/townhome properties have risen in 2024.   If you are considering a purchase or a sale, it is never too early to have a conversation. Please give us a call. During this time of Thanksgiving, we are grateful that so many of you look to our group for real estate guidance and expertise.   We wish you all a healthy and very joyful holiday!

Leslie Kopp                          Christi Arndt
(302) 542-3917                     (302)

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