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Sunday, February 23, 2025

Rehoboth Beach home prices rise in August 2017

Realestate5

The median sale price of a home sold in August 2017 in Rehoboth Beach rose by $482,500 while total sales decreased by 25%, according to BlockShopper.com.

In August 2017, there were three homes sold, with a median sale price of $1,650,000 - a 41.3% increase over the $1,167,500 median sale price for the same period of the previous year. There were four homes sold in Rehoboth Beach in August 2016.

The following table compares Rehoboth Beach 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)
Sussex Shores10-$4,250,000$0-
Indian Beach10-$1,675,000$0-
Rehoboth Beach34-25%$1,650,000$1,167,50041.3%
Henlopen Acres20-$1,537,500$0-
North Shores20-$677,500$0-
Old Landing Woods13-66.7%$603,238$605,017-0.3%
Bay Vista10-$585,000$0-
Swann Keys10-$580,000$0-
Fenwick Island30-$580,000$0-
Silver View Farm31200%$566,000$575,000-1.6%
Middlesex Beach21100%$546,000$544,5000.3%

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