From April through June of 2018, there were four homes sold, with a median sale price of $290,000 - a 18.9% increase over the $244,000 median sale price for the same period of the previous year. There were seven homes sold in Bay View Estates in the second quarter of 2017.
The following table compares Bay View Estates to other Sussex County cities with similar median sales prices in the second quarter of 2018:
City | Apr. - June 2018 Home Sales | Apr. - June 2017 Home Sales | % change (Total Home Sales) | Apr. - June 2018 Median Sales Price | Apr. - June 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Edgewater | 1 | 3 | -66.7% | $310,000 | $406,000 | -23.6% |
Phil Mar Estates | 8 | 4 | 100% | $303,450 | $326,500 | -7.1% |
Quakertown | 1 | 1 | 0% | $299,900 | $215,000 | 39.5% |
Fairway Villas | 3 | 8 | -62.5% | $299,900 | $273,700 | 9.6% |
Henlopen Keys | 3 | 4 | -25% | $290,000 | $287,500 | 0.9% |
Bay View Estates | 4 | 7 | -42.9% | $290,000 | $244,000 | 18.9% |
Midway Park Subdivision | 2 | 2 | 0% | $287,000 | $196,450 | 46.1% |
Maplewood | 1 | 2 | -50% | $285,000 | $271,500 | 5% |
Lochwood | 3 | 1 | 200% | $282,000 | $224,000 | 25.9% |
Breezewood | 9 | 3 | 200% | $280,000 | $245,000 | 14.3% |
Keenwik Sound | 1 | 2 | -50% | $279,900 | $256,000 | 9.3% |
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