THEY'RE GOING LIKE HOT CAKES....this is the sixth property to go under contract in North Rehoboth so far in Q4. Three more have already closed. Savvy Buyers are picking off some great deals in this most popular part of Rehoboth Beach. This house was only on the market for 187 days (a flash in todays market) and was listed at $1,776K. This still leaves 35 active listing but the absorption rate is shrinking quickly (less than a years supply based on our current quarterly sales rate). This is great news for Sellers in 2010, unfortunately not for Sellers in 2009. MLS #568966
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December 2009
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November 10, 2009
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