Rehoboth Beach Real Estate News

Ocean Block Condo

Furnished 2 Bedroom 1 Bath Ocean Block Condo in Patrician towers located on Olive Ave in Rehoboth Beach Delaware featuring a large private outdoor patio, rooftop pool and underground parking.  Great rental history. $679,000

For additional info & photos take a look at the MLS listing page for #564721

Standard disclaimer applies : Price was current on the day of this post.  If today is not  August 24 2009 the price and availability of this home may have changed.

36804 Oasis Court Rehoboth Beach, DE 19971

Village at Kings Creek

Village At Kings Creek
Built In 2005

• 5 Bed / 4 Bath
• 3,840 sqft
• $945,000

-Sale Pending-
You have arrived!!! This is not just a Home,it is an Experience!!!Custom Built Palm Beach Style Home,no detail overlooked. Gorgeous Hardwood Flooring, Fabulous Italian Murano Glass Fixtures, Birdseye Maple Custom Cabinetry.Fi Beautiful Crown Molding throughout, Gourmet Kitchen,too much to List. WOW!

I just toured this house today and was thoroughly impressed. This is one of the nicest homes currently available in Rehoboth. To see it in person please contact me at  mike@bwbeach.com

Standard disclaimer applies : Price was current on the day of this post.  If today is not  August 12 2009 the price and availability of this home may have changed.

2009 January 1 – August 12
92 single family home sales
Highest Sale Price: $4,500,000
Lowest Sales Price: $160,000
Median Sales Price: $492,500
Average Sales Price: $664,974
Average Days on the Market (for those that sold): 217
Hottest Selling Community:  Rehoboth Beach Yacht and Country Club with 15 total sales.

2008 January 1 – August 12
104 single family home sales
Highest Sale Price: $2,700,000
Lowest Sales Price: $99,999
Median Sales Price: $549,950
Average Sales Price: $773,708
Average Days on the Market (for those that sold): 181
Hottest Selling Community: Summercrest with 12 sales closely followed by RBYCC with 11 total sales.

While I’m at it I might as well throw in 2007

2007 January 1 – August 12
146 single family home sales
Highest Sale Price: $3,995,000
Lowest Sales Price: $209,900
Median Sales Price: $599,555
Average Sales Price: $829,539
Average Days on the Market (for those that sold): 185
Hottest Selling Community: Rehoboth Beach Yacht and Country Club with 24 sales.

What can be learned from this? Prices are down significantly and homes in Rehoboth Beach Country Club are always in Demand.  For more in-depth stats corresponding to any local town or community in the area feel free to contact me at mike@bwbeach.com

– SOLD – This 4BR/3.5 BA New construction home is easy to overlook.  It looks very similar to other relatively new homes in Southern Delaware and is priced about the same as well. The one feature this home has to offer that makes it special is that it is located on a canal with access to the Rehoboth Bay and Beyond.
Click to view – MLS# 567581 Canal Front Home

If a canal front home built in 2004  for $349,000 peaks your interest please give me a call to see this house in person.  – SOLD –

This listing is a Short Sale

Standard Disclaimer: This information was current the day this article was post o4 Aug 2009.  If you are reading this at a later date the information may or may not be current.

36 PINE REACH Henlopen Acres Rehoboth Beach Delaware.  4BR/3BA.  Charming & Classic Rehoboth Beach Home in the Esteemed Henlopen Acres!  MLS# 562752 Asking Price $1,695,000 Sold for $1,480,417

8 FARVIEW ROAD. North Shores, Rehoboth Beach Delaware 5BR/3BA located less than a block from the Beach. MLS# 563884 Asking Price $1,499,000 Sold for $1,335,000

125 HICKMAN STREET Rehoboth Beach Delaware 3BR/2BA. 2 Block to the Ocean. MLS# 568240 Asking Price $999,000 Sold for $900,000