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Sussex Review

Friday, April 4, 2025

Bay View Estates home prices rise in the second quarter of 2018

Realestate5

The median sale price of a home sold in the second quarter of 2018 in Bay View Estates rose by $46,000 while total sales decreased by 42.9%, according to BlockShopper.com.

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:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Edgewater13-66.7%$310,000$406,000-23.6%
Phil Mar Estates84100%$303,450$326,500-7.1%
Quakertown110%$299,900$215,00039.5%
Fairway Villas38-62.5%$299,900$273,7009.6%
Henlopen Keys34-25%$290,000$287,5000.9%
Bay View Estates47-42.9%$290,000$244,00018.9%
Midway Park Subdivision220%$287,000$196,45046.1%
Maplewood12-50%$285,000$271,5005%
Lochwood31200%$282,000$224,00025.9%
Breezewood93200%$280,000$245,00014.3%
Keenwik Sound12-50%$279,900$256,0009.3%

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