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Sunday, February 23, 2025

Phil Mar Estates home prices rise in August 2017

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The median sale price of a home sold in August 2017 in Phil Mar Estates rose by $85,900 while total sales decreased by 40%, according to BlockShopper.com.

In August 2017, there were three homes sold, with a median sale price of $335,900 - a 34.4% increase over the $250,000 median sale price for the same period of the previous year. There were five homes sold in Phil Mar Estates in August 2016.

The following table compares Phil Mar Estates to other Sussex County cities with similar median sales prices in August 2017:

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Edgewater10-$405,000$0-
Red Mill Farms10-$364,850$0-
Ocean Way Estates110%$339,500$50,000579%
Fairway Villas21100%$337,500$269,00025.5%
Carsylian Acres10-$337,244$0-
Phil Mar Estates35-40%$335,900$250,00034.4%
Rehoboth Manor20-$332,000$0-
Breezewood21100%$327,450$198,00065.4%
Ocean View124200%$318,500$282,50012.7%
The Landing20-$309,000$0-
Murrays Haven20-$302,750$0-

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