There was an increase in unit sold in Sussex County in October of 2% with 192 units sold. Compared to last year, inventory dropped by 5% or 219 units. There are 4,053 units listed for sale as of October, 2011. At this sales pace, there is a 21.1 months of supply available.
Every month, Long & Foster (the real estate company my mortgage firm is affiliated with) produces summary reports of the real estate activity in our markets. The data is taken from the local MLS and is presented in summary form. I have listed below the markets within Sussex County, DE and links to the report for those markets:
Bethany Beach – Fenwick Island – Ocean View
Millsboro – Selbyville – Dagsboro
Milton – Georgetown – Northern Sussex County
Seaford – Laurel – Western Sussex County
And, here is the complete report for the county: