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Mann & Sons Inc

414 Rehoboth Ave Rehoboth Beach, DE, 19971
Office: 302-227-9477

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April 2012

Found 2 blog entries for April 2012.

The following has been compiled by the Sussex County Association of Realtors' MLS:

The total number of closed listings as of March 31, 2012 was 611 homes totalling $155,065,025 in sales. The average sell price of a single family home was $253,789. Three bedroom home sales accounted for the largest segment with 323 sales compared to 122 for 2 bedrooms & 157 for 4 bedroom homes. Sellers obtained 94% of the listed sell price & the average days on the market reported was 228 days.The average sell price for a 2 bedroom home is $170,725; 3 bedroom home is $224,483 & a 4 bedroom home is $378,192.

The Single family home sales show an improvement from the same time period in 2011. Last year, 492 homes were sold for an average sell price of $305,836 with  total

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Investors continued to boost their activity in the housing market during the month of February, according to the latest results of the monthly. Campbell/Inside Mortgage Finance HousingPulse Tracking Survey. And short sales have become a new target for investors now that other homebuyers have lost their enthusiasm for these popular but often lengthy and unpredictable transactions.

The total share of distressed properties in the housing market in February, as represented by the HousingPulse Distressed Property Index (DPI), continued to climb, reaching a near-record of 48.7%, using a three-month moving average. This was the second highest level ever recorded by HousingPulse and the 25th month in a row that the DPI has been above 40%.

All of the growth

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