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Sunday, February 23, 2025

Rehoboth Beach home prices fall in July 2018

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The median sale price of a home sold in July 2018 in Rehoboth Beach fell by $71,500 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In July 2018, there were four homes sold, with a median sale price of $1,173,500 - a 5.7% decrease over the $1,245,000 median sale price for the same period of the previous year. There were four homes sold in Rehoboth Beach in July 2017, as well.

The following table compares Rehoboth Beach to other Sussex County cities with similar median sales prices in July 2018:

CityJuly 2018 Home SalesJuly 2017 Home Sales% change (Total Home Sales)July 2018 Median Sales PriceJuly 2017 Median Sales Price% change (Median Sales Price)
Sussex Shores10-$3,725,000$0-
Dewey Beach12-50%$2,150,000$584,950267.6%
Seabreeze10-$1,900,000$0-
Rehoboth Beach440%$1,173,500$1,245,000-5.7%
Silver Lake Manor24-50%$922,500$383,950140.3%
Fenwick Island110%$915,000$690,00032.6%
South Bethany15-80%$880,000$415,000112%
Killens Addition110%$715,000$445,00060.7%
Bethany Beach84100%$707,500$582,10021.5%
Sea Colony East10-$690,000$0-
Lewes58-37.5%$675,000$447,50050.8%

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