*Data was derived from the Sussex County MLS and tax records. Includes properties in Bayside. May not reflect all activity in the marketplace.
As another busy summer season winds down, many Bayside buyers and sellers are beginning to think about what's next. Whether you're planning for next year or simply keeping an eye on the market, we've put together a snapshot of how the first seven months of this year compare to the same period last year.
The Bayside market has become more balanced than it was a year ago, but demand for quality homes remains strong. While sales and overall volume are down modestly, homes are going under contract 10 days faster than they did last year, and average sale prices have increased by 8%. With inventory increasing from 21 to 30 homes, buyers have more options, making thoughtful pricing and presentation more important than ever.
If selling or purchasing has been on your mind, we would be happy to provide a current market evaluation, answer your questions, and help you decide if the timing is right for you. Please call our Bayside Experts: Kiki Hargrove (302) 569-2959 & Mary McAllister (302) 681-6553
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