From January through June of 2018, there were 13 homes sold, with a median sale price of $312,000 - a 13.5% increase over the $275,000 median sale price for the same period of the previous year. There were nine homes sold in Phil Mar Estates in the first half of 2017.
The following table compares Phil Mar Estates to other Sussex County cities with similar median sales prices in the first half of 2018:
City | Jan. - June 2018 Home Sales | Jan. - June 2017 Home Sales | % change (Total Home Sales) | Jan. - June 2018 Median Sales Price | Jan. - June 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
The Landing | 3 | 2 | 50% | $345,000 | $357,000 | -3.4% |
Keenwik West | 5 | 2 | 150% | $340,000 | $465,125 | -26.9% |
Dewey Beach | 6 | 9 | -33.3% | $320,750 | $530,000 | -39.5% |
Maplewood | 2 | 4 | -50% | $317,500 | $256,500 | 23.8% |
Murry Landing | 1 | 3 | -66.7% | $314,000 | $346,000 | -9.2% |
Phil Mar Estates | 13 | 9 | 44.4% | $312,000 | $275,000 | 13.5% |
Edgewater | 5 | 3 | 66.7% | $310,000 | $406,000 | -23.6% |
Fairway Villas | 5 | 12 | -58.3% | $299,900 | $280,450 | 6.9% |
Country Estates | 4 | 15 | -73.3% | $295,000 | $150,000 | 96.7% |
Ocean View | 37 | 46 | -19.6% | $294,000 | $294,000 | 0% |
Mill Creek Manor | 6 | 2 | 200% | $293,000 | $331,637.50 | -11.7% |
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