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| FOCUS ON: REHOBOTH BEACH HOUSING MARKET |
SEPTEMBER 2025 |
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| Zip Code(s): 19971 |
Units Sold
35 |
Active Inventory
247 |
Median Sale Price
$674,768 |
Days On Market
58 |
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Down -3%
Vs. Year Ago |
Up 47%
Vs. Year Ago |
Down -21%
Vs. Year Ago |
Up 45%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in September, with 35 sold this month in Rehoboth Beach Real Estate versus 45 last month, a decrease of 22%. This month's total units sold was lower than at this time last year, a decrease of 3% versus September 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 79 units or 47%. The total number of active inventory this September was 247 compared to 168 in September 2024. This month's total of 247 is higher than the previous month's total supply of available inventory of 239, an increase of 3%.
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Median Sale Price
Last September, the median sale price for Rehoboth Beach Homes was $852,911. This September, the median sale price was approximately the same at $674,768. The current median sold price is 21% lower than in September 2024.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
68 |
Current Contracts
46 |
Sold Vs. List Price
97.3% |
Months of Supply
7.1 |
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Down -9%
Vs. Year Ago |
Down -22%
Vs. Year Ago |
Down -2.6%
Vs. Year Ago |
Up 51%
Vs. Year Ago |
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Months of Supply
In September, there was 7.1 months of supply available in Rehoboth Beach, compared to 4.7 in September 2024. That is an increase of 51% versus a year ago.
Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
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New Listings & Current Contracts
This month there were 68 homes newly listed for sale in Rehoboth Beach compared to 75 in September 2024, a decrease of 9%. There were 46 current contracts pending sale this September compared to 59 a year ago. The number of current contracts is 22% lower than last September.
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Sale Price to List Price Ratio
In September, the average sale price in Rehoboth Beach was 97.3% of the average list price, which is 2.6% lower than at this time last year.
Days on Market
This month, the average number of days on market was 58, higher than the average last year, which was 40, an increase of 45%.
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Rehoboth Beach are defined as properties listed in zip code/s 19971. |
| *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. |
Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc. |