Barbara Morales Associates
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Blog features Market updates, News, Home Ideas And Tips and more.
Barbara Morales Associates is a company that provides Real Estate Services in the Delaware Resort Areas. They serve all of Sussex County Delaware focusing on Rehoboth Beach, Lewes, Millsboro and surrounding Delaware areas.
Barbara Morales Associates
1M ago
Current Market Conditions for Sussex County, DE
Based on sales of Single Family Detached Homes
(excluding mobile homes on leased land)
Barbara Morales Associates in the Rehoboth Beach office of Berkshire Hathaway HomeServices PenFed Realty provides this monthly analysis of the real estate market in Sussex County, Delaware. Whether you are buying, selling or just have an interest in the market, we hope you will find this analysis useful.
Click Here for the Full Market Watch Monthly Newsletter – 01 January 2024
The statistics referenced here are based on detached single-famil ..read more
Barbara Morales Associates
2M ago
What Sold at the Beaches 4th Qtr 2023
2023 Year End Real Estate Statistics
Barbara Morales Associates of the Rehoboth Beach office of Berkshire Hathaway HomeServices PenFed Realty provide this analysis of the real estate market in Sussex County, Delaware. Whether you are buying, selling or just have an interest in the market, we hope you will find this analysis useful.
The statistics referenced here are based on detached single-family home sales in Sussex County over the last 12 months compared to the previous 12-month period. They are derived from the Bright Multiple Listi ..read more
Barbara Morales Associates
6M ago
Sussex County Delaware September 2023 Real Estate Update
Babs Morales and Joan Wallace of the Rehoboth Beach office of Berkshire Hathaway HomeServices PenFed Realty provide this monthly analysis of the real estate market in Sussex County, Delaware. Whether you are buying, selling or just have an interest in the market, we hope you will find this analysis useful.
As a Buyer, this can be a valuable tool for making an offer on a property. Having up-to-date information on selling prices of comparable properties will allow you to make the smartest offer.
As a Seller, having the knowledge to ..read more
Barbara Morales Associates
8M ago
Sussex County Delaware August 2023 Real Estate Update
Babs Morales and Joan Wallace of the Rehoboth Beach office of Berkshire Hathaway HomeServices PenFed Realty provide this monthly analysis of the real estate market in Sussex County, Delaware. Whether you are buying, selling or just have an interest in the market, we hope you will find this analysis useful.
As a Buyer, this can be a valuable tool for making an offer on a property. Having up-to-date information on selling prices of comparable properties will allow you to make the smartest offer.
As a Seller, having the knowledge to det ..read more
Barbara Morales Associates
8M ago
Sussex County Delaware June 2023 Real Estate Update
Babs Morales and Joan Wallace of the Rehoboth Beach office of Berkshire Hathaway HomeServices PenFed Realty provides this monthly analysis of the real estate market in Sussex County, Delaware. Whether you are buying, selling or just have an interest in the market, we hope you will find this analysis useful.
As a Buyer, this can be a valuable tool for making an offer on a property. Having up-to-date information on selling prices of comparable properties will allow you to make the smartest offer.
As a Seller, having the knowledge to dete ..read more
Barbara Morales Associates
2y ago
WHAT SOLD?
Properties listed represent both single family and condo/townhomes that are “fee simple” (meaning they are not subject to ground rent) that were sold last week. They ranged in price from a low of $135,000 to a high of $2,350,000.
All Properties listed are located in our areas of expertise – Rehoboth Beach, Dewey Beach, Lewes, Milton, Bethany Beach, Fenwick Island, Harbeson, Millsboro, Ocean View, Millville, Frankford, Dagsboro and Selbyville.
Click on Link below to see Details of each Property Sold:
https://matrix.brightmls.com/Matrix/Public/Portal.aspx?p=DE-379358299-413&k=864 ..read more
Barbara Morales Associates
2y ago
WHAT SOLD?
Properties listed represent both single family and condo/townhomes that are “fee simple” (meaning they are not subject to ground rent) that were sold last week. They ranged in price from a low of $196,450 to a high of $3,670,000.
All Properties listed are located in our areas of expertise – Rehoboth Beach, Dewey Beach, Lewes, Milton, Bethany Beach, Fenwick Island, Harbeson, Millsboro, Ocean View, Millville, Frankford, Dagsboro and Selbyville.
Click on Link below to see Details of each Property Sold:
https://matrix.brightmls.com/Matrix/Public/Portal.aspx?p=DE-376370516-354&k=8644 ..read more
Barbara Morales Associates
2y ago
WHAT SOLD?
Properties listed represent both single family and condo/townhomes that are “fee simple” (meaning they are not subject to ground rent) that were sold last week. They ranged in price from a low of $215,000 to a high of $2,220,000.
All Properties listed are located in our areas of expertise – Rehoboth Beach, Dewey Beach, Lewes, Milton, Bethany Beach, Fenwick Island, Harbeson, Millsboro, Ocean View, Millville, Frankford, Dagsboro and Selbyville.
Click on Link below to see Details of each Property Sold:
https://matrix.brightmls.com/Matrix/Public/Portal.aspx?p=DE-374327 ..read more
Barbara Morales Associates
2y ago
The statistics referenced here are based on detached single-family homes, derived from the Bright Multiple Listing Service.
Active Listings/Current Inventory
As of the end of September, there were a total of 734 homes on the market, an increase of 3% from the previous month’s end inventory of 715. Of the 734 homes on the market at month’s end, 40% of them are new construction homes. The current homes on the market represents less than a 2-month’s supply of inventory, with a current absorption rate of 406 homes sold per month thus far in 2021. There were 500 new li ..read more
Barbara Morales Associates
2y ago
The statistics referenced here are based on detached single-family homes, derived from the Bright Multiple Listing Service.
Active Listings/Current Inventory
As of the end of June, there were a total of 665 homes on the market, an increase of 9% from the previous month’s end inventory of 612. Of the 665 homes on the market at month’s end, 38% of them are new construction homes. This represents less than a 2-month’s supply of inventory, with a current absorption rate of 391 homes sold per month thus far in 2021. There were 605 new listings of single-family homes p ..read more