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Dewey Beach Home Values and Market Report

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Report prepared by trueluxehaven.com Century 21 Gold Key Realty

Market at a glance

Over the last 12 months, homes sold for 97.5% of list price in 56 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $2.19M Sold · $2.3M
$2.6M$2.1M$1.6M$1.1M
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 8 sales in Mar. Last month: 7.

Where the market stands

All homes in this report, by status.

82homes
Active20 · 24%
Under contract5 · 6%
Sold (12 mo)57 · 70%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.7months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$2.06M
Under contract$1.11M
Sold$1.62M

Average days on market

Active87 days
Under contract19 days
Sold56 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 20
Average list price $2,062,844
Avg. days on market 87 days
Avg. price per ft² $1,047 Based on 19 of 20 homes
Avg. living area 2,045 ft² Based on 19 of 20 homes
Avg. beds / baths 3.9 / 3.6

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

1 home didn’t report living area and isn’t shown.

$6M$4M$2M$0

Price vs. living area: 19 homes plotted, up to $6M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

1 home didn’t report bedrooms and isn’t shown.

Highest price per ft²

Top 7 homes in this status.

24 Houston St$4,681
1 St Louis St Unit 204$1,725
24 West St$1,316
100 Collins St Unit 108$1,278
14 Chicago St$1,273
1432 W Bayard Ave$1,131
25 New Orleans St$1,130

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
14 Chicago StDewey Beach, DE 19971 464,123$5,250,000$1,2731 day
1 St Louis St Unit 204Dewey Beach, DE 19971 431,884$3,250,000$1,7255 days
1 Read Ave Unit 116DDewey Beach, DE 19971 11354$65,000$1834 days
100 Collins St Unit 108Dewey Beach, DE 19971 221,248$1,595,000$1,2785 days
1432 W Bayard AveDewey Beach, DE 19971 10104,594$5,199,000$1,1314 days
14 Swedes StDewey Beach, DE 19971 772,750$2,950,000$1,07226 days
25 New Orleans StDewey Beach, DE 19971 531,500$1,695,000$1,13010 days
120 Houston StDewey Beach, DE 19971 553,668$2,599,000$70831 days
24 West StDewey Beach, DE 19971 321,120$1,475,000$1,31645 days
117 Cullen StDewey Beach, DE 19971 421,850$1,450,000$78376 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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