As we enter the second quarter of 2017 and prepare for the summer tourist season here at the Delaware beaches, we felt it was a good time to update our friends, neighbors, associates and clients on the current real estate market here in coastal Delaware.
We're happy to announce that the Oldfather Group was the top real estate firm in Southern Delaware in 2016 in terms of buyer represented sales, the second year in a row that we achieved that coveted honor.
And we're expecting more great things for the rest of 2017, so let us take a few moments to tell you what's happening right now in our local real estate markets.
As mentioned in the above video, it's first important to note that 2016 marked the sixth consecutive year that the number of single-family homes sold in Sussex County increased over the previous year. In fact, between 2011 and 2016, the number of homes sold in southern Delaware per calendar year has increased by 75 percent, including a more modest 3 percent gain between 2015 and 2016.
This indicates a healthy local real estate market that's achieving steady gains and moderate price increases over the short term.
Now, for some facts and figures…
In 2016, more than 4,600 properties changed hands in Southern Delaware, accounting for more than $1.5 billion in sales. And we're proud to say that a large number of these homes were at the beach, with several being facilitated by our team of real estate professionals here at the Oldfather Group.
We know better than anyone how great life at the Delaware beaches can be, and we're here to show you and tell you all about it.
We're fortunate to have helped 300 families buy or sell their homes during 2016, and we're hoping to improve on that number for 2017.
And with the team that we've assembled, and the marketing strategies we implement across the board, we have no doubt that we'll be coming to you in a similar fashion at this time next year.
So, if you've considered buying a home here in coastal Delaware, we humbly ask that you give us a ring and let us introduce you to the Oldfather Group difference. And if you want to sell your home at the Delaware beaches, definitely give us a call at the Oldfather Group, where our advanced marketing techniques result in more than 1,000 new buyer inquiries every month.
We’ll market your home more effectively and more frequently than anyone else. We've proven that we can get results, and we can and will for you and your family.