Sussex County real estate market ends 2024 on a high note
Posted by Leslie Kopp on
Credit to: Coastal Point
The Sussex County real estate market closed out 2024 with a surge in home sales, even as prices showed signs of stabilization and homes took longer to sell, representatives of the Sussex County Association of Realtors announced this week.
According to the latest data, they said, the total sold dollar volume for December reached $263.75 million, reflecting a 23.3 percent year-over-year increase, though down 8 percent from November. Closed sales rose to 479 homes, a 27.4 percent jump compared to last year and 4.8 percent higher than the previous month — “a clear sign that buyer demand remains strong.”
While overall sales activity was up, home prices presented a mixed picture. The median sold price rose to $466,104, a…
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