LEWES REAL ESTATE NEWS
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1 LEWES REAL ESTATE NEWS LEE ANN WILKINSON JANUARY Your REALTOR For Life 2003 THE YEAR IN REAL ESTATE 2002 STATISTICS Total Properties Sold by REALTORS in Lewes/Lewes Beach 167 Prudential Gallo, REALTORS participation in these sales 84 Total Prudential Gallo, REALTORS Market Share 50% LEWES BEACH Average Sales Price Lots $429,300 Average Sales Price Homes/Condos $470,028 Overall Percentage of Sold Price/Listing Price 93.77% Overall Average Days on Market 180 Prudential Gallo, REALTORS Percentage of Sold Price/Listing Price 95.08% Prudential Gallo, REALTORS Listing Average Days on Market 181 Average Sales Price Lots $146,932 Average Sales Price Homes/Condos $300,345 Overall Percentage of Sold Price/Listing Price 96.13% Overall Average Days on Market 199 Prudential Gallo, REALTORS Percentage of Sold Price/Listing Price 97.12% Prudential Gallo, REALTORS Listing Average Days on Market 132 ** All statistics provided by the Sussex County Association of Realtors Multiple Listing Service. Only properties available for sale to all Real Estate Offices are included. Prudential Gallo, REALTORS 1322 Kings Highway, Lewes, DE (302) (800)
2 LEWES BEACH LOTS LIST PRICE SOLD PRICE DATE SOLD Lot 19 E. Cape Shores Drive Lot $299, $270, /31/ OB OB Lot #200 E. Cape Shores Drive $289, $285, /15/02 58 OB PRU GALLO Lot 181 Debraak Landing $329, $325, /01/02 90 PRU GALLO PRU GALLO Lot #7 Debraak Preserve $349, $335, /29/ OB OB Lot On Delmar Avenue $399, $370, /27/02 89 PRU GALLO PRU GALLO Lot 13 East Cape Shores Drive $499, $499, /01/02 74 PRU GALLO OB Lot 166 Cape Shores Drive West $499, $499, /20/ OB OB Lot 89 Cape Shores $895, $850, /30/ OB OB LEWES BEACH HOMES/CONDOS LIST PRICE SOLD PRICE DATE SOLD Unit 1 Bayview Condo $220, $211, /01/02 84 OB PRU GALLO 104 A Lewes Harbor $219, $219, /25/02 76 OB OB 212 Savannah Road $325, $250, /29/ OB OB 313 Savannah Road $325, $305, /25/ OB OB 212 Midland Avenue $330, $322, /26/02 86 OB OB 1601 Cedar Avenue $359, $330, /27/ OB PRU GALLO 12 New Jersey $379, $358, /04/ PRU GALLO PRU GALLO 60 Pilot Point $399, $377, /19/02 73 PRU GALLO PRU GALLO 44 Port Lewes $399, $389, /24/02 79 OB OB Lot 3 Cape Henlopen Drive $639, $400, /18/ OB OB 14 Port Lewes $429, $419, /19/ OB OB 87 Port Lewes $425, $419, /10/02 64 OB OB 9 Newark Avenue $445, $425, /28/ OB PRU GALLO Unit 13 Port Lewes $419, $435, /11/02 75 PRU GALLO PRU GALLO 2005 Cedar Avenue $499, $437, /22/ OB OB 11 Delaware Avenue $489, $450, /30/ OB OB 602 Cedar $499, $450, /25/02 20 PRU GALLO PRU GALLO 307 Market Street $469, $459, /19/02 0 PRU GALLO PRU GALLO 62 Port Lewes $499, $460, /20/ OB OB 108 Savannah Road $519, $460, /30/ PRU GALLO OB 203 Cedar Avenue $565, $475, /11/ OB OB 209 Midland Avenue $550, $500, /02/ OB OB 1703 Cedar Street $525, $517, /26/02 55 OB OB 12 Illinois Avenue $552, $520, /22/ OB OB 10 Iowa Avenue $550, $550, /09/02 0 OB OB 103 W Cape Shores $599, $550, /18/02 93 PRU GALLO OB 9 Missouri Avenue $629, $575, /19/02 85 OB OB Lot 153 Harbor Point $649, $610, /31/ PRU GALLO OB 7 Cape Henlopen Drive $649, $617, /12/ PRU GALLO PRU GALLO 109 W Cape Shores Drive $675, $625, /31/ PRU GALLO PRU GALLO 317 Cape Shores Drive $675, $660, /25/ OB PRU GALLO 10 Kentucky Avenue $675, $660, /26/02 68 OB OB 211 Bay Avenue $719, $695, /24/02 49 PRU GALLO PRU GALLO 209 Cape Shores Drive $908, $850, /25/02 75 OB OB LOTS LIST PRICE SOLD PRICE DATE SOLD Lot 29 East Quail Trail $71, $70, /29/02 42 OB OB Lot #3 West Wild Rabbit Run $76, $76, /24/ OB OB Lot 9 Pheasant Drive $78, $78, /12/ OB PRU GALLO Lot 44 E. Wild Rabbit Run $82, $85, /24/02 32 OB PRU GALLO Lot 15 Henlopen Court $99, $99, /28/ PRU GALLO OB Lot 83 Ebb Tide Drive $110, $100, /17/ PRU GALLO OB Parcel A 502 Burton Avenue $125, $112, /02/ OB OB 101 Canary Drive $130, $125, /09/ PRU GALLO PRU GALLO 430 Seagull Drive $129, $127, /10/ PRU GALLO OB Lot 46 Paynter $155, $130, /04/ PRU GALLO OB Lot 3 New Road $137, $130, /31/ OB OB
3 Lot 22 Seagull Dr $134, $130, /31/ OB PRU GALLO LOTS LIST PRICE SOLD PRICE DATE SOLD Lot 79 Oceanview Blvd $149, $138, /19/ PRU GALLO PRU GALLO 21 Seagull Drive $139, $139, /25/ PRU GALLO PRU GALLO Lot 42 Wolfe Runne $164, $142, /30/ OB OB 64 Seagull Drive $149, $145, /16/ OB OB 11 Blue Heron Drive $155, $150, /29/ PRU GALLO PRU GALLO Lot 39 Pilottown Village $160, $160, /30/02 3 PRU GALLO PRU GALLO Parcel 8 Bradley Lane $169, $165, /28/ PRU GALLO OB 419 Park Avenue $199, $165, /25/ OB OB Lot 58 Ocean View Court $179, $167, /14/02 34 PRU GALLO PRU GALLO Lot 72 Burton Subdivision $175, $172, /02/ OB OB Lot 58 Ocean View Court $179, $175, /03/ PRU GALLO PRU GALLO 502 Burton Avenue $249, $175, /15/ OB OB Lot 10 Shipcarpenter Square $225, $225, /02/02 91 PRU GALLO OB 210 Savannah Rd., Lot 10 $250, $225, /21/ OB OB 417 Dupont Avenue $260, $245, /11/ OB PRU GALLO 404 Burton Avenue $300, $260, /30/ OB PRU GALLO LIST PRICE SOLD PRICE DATE SOLD HOMES/CONDOS 46 Clay Road $119, $105, /24/ OB OB 331 Mulberry Street $169, $145, /18/02 88 OB OB 329 Mulberry Street $189, $150, /30/ OB OB 76 Henlopen Gardens $159, $159, /01/02 75 PRU GALLO OB 8 Henlopen Gardens $174, $169, /27/ PRU GALLO OB 116 E. Quail Trail $189, $172, /15/02 87 PRU GALLO PRU GALLO 11 Taramino Place $179, $177, /30/02 39 PRU GALLO PRU GALLO 59 Henlopen Gardens $179, $177, /15/02 66 OB OB 818 Kings Highway $189, $180, /22/ OB OB 128 E. Quail Trail $178, $180, /31/02 70 OB OB 24 Taramino Place $193, $188, /10/ PRU GALLO PRU GALLO 6 Taramino Place $193, $188, /30/ PRU GALLO PRU GALLO Lot 33 Grape Vine Court $197, $189, /28/ OB PRU GALLO 95 Henlopen Gardens $190, $190, /26/02 77 OB OB 93 Henlopen Gardens $195, $190, /26/02 53 OB OB 113 Pheasant Drive $205, $196, /15/02 75 OB OB 21 Taramino Place $199, $198, /18/02 52 PRU GALLO OB Dupont & Johnson Street $229, $200, /03/ OB PRU GALLO 5 Atlantic Drive $240, $205, /31/ OB OB 12 Bradford Lane $215, $210, /22/ PRU GALLO PRU GALLO 1520 Savannah Road $259, $212, /13/ OB OB 113 New Road $229, $215, /23/ OB OB 30 Sussex Drive $219, $219, /20/02 77 PRU GALLO OB 1009 Kings Highway $225, $225, /12/ OB OB 14 Atlantic Drive $249, $225, /30/ OB OB 114 Beebe Avenue $254, $225, /08/ OB OB Lot 49 Peach Tree Lane $229, $225, /17/ PRU GALLO PRU GALLO 346 Chestnut Street $219, $225, /25/02 68 PRU GALLO OB 102 Mallard Drive $225, $225, /08/ OB PRU GALLO Lot 29 E. Quail Trail $226, $230, /22/ OB OB 8 Atlantic Drive $229, $231, /26/ OB OB 142 Franklin Avenue $249, $235, /24/ OB OB 215 Monroe Avenue $235, $235, /23/02 83 PRU GALLO PRU GALLO 15 Sussex Drive $250, $237, /14/02 60 PRU GALLO OB Lot 68 Pear Tree Court $239, $239, /13/ OB OB 2041 Savannah Circle $249, $240, /29/ OB OB Lot 95 Nassau Court South $250, $243, /02/ OB OB 212 Savannah Rd $325, $250, /29/ OB OB
4 1319 Savannah Rd $265, $250, /16/ OB OB Lot 72 Pear Tree Court $255, $255, /08/ OB OB LIST PRICE SOLD PRICE DATE SOLD HOMES/CONDOS 133 Madison Avenue $259, $255, /23/02 79 PRU GALLO PRU GALLO 413 Park Avenue $267, $256, /01/ PRU GALLO OB Lot 50 Peach Tree Lane $259, $259, /21/ OB OB 121 Dewey Avenue $259, $259, /28/02 51 PRU GALLO OB 401 Savannah Road $259, $260, /19/02 41 PRU GALLO OB 105 Dewey Avenue $269, $267, /18/ OB OB 8 Bay Breeze Drive $269, $269, /09/ OB OB 121 Franklin Avenue $279, $269, /15/ OB OB 514 Kings Highway $297, $270, /01/ PRU GALLO OB 214 Savannah Road $249, $270, /06/02 68 OB OB 36 Devries Circle $289, $275, /08/ OB OB 309 Mulberry Street $299, $277, /11/ OB OB Lot 72 Pear Tree Court $277, $277, /26/ OB OB 422 Paynter Avenue $289, $280, /31/ OB OB 211 Marina Drive $299, $284, /18/ PRU GALLO OB 413 Seagull Drive $289, $289, /29/ PRU GALLO PRU GALLO 503 Railroad Avenue $299, $295, /18/02 66 PRU GALLO PRU GALLO Lot 91 Nassau Court South $299, $298, /27/ OB OB Market Street $327, $299, /30/ OB OB 322 Ocean View Blvd $299, $299, /02/ PRU GALLO PRU GALLO 2 Henlopen Court $314, $300, /26/02 63 PRU GALLO OB 515 Kings Highway $349, $308, /20/ OB OB 403 Rodaline Avenue $329, $313, /03/02 53 OB OB 306 Oceanview Blvd $319, $315, /02/ PRU GALLO PRU GALLO 411 Seagull Drive $323, $323, /07/ PRU GALLO OB 323 Savannah Road $339, $325, /11/ OB PRU GALLO 76 Pear Tree Court $325, $328, /04/ OB OB 502 Seagull Drive $344, $339, /14/ OB OB 306 Savannah Road $350, $340, /30/ OB OB 118 McFee Street $375, $340, /08/ OB PRU GALLO 11 Church Street $350, $340, /25/02 20 PRU GALLO PRU GALLO 234 Shipcarpenter Street $349, $344, /22/02 42 PRU GALLO OB 304 Seagull Drive $349, $345, /21/ PRU GALLO PRU GALLO 425 Kings Highway $379, $345, /20/ OB OB 6 Duchess Court $349, $347, /10/02 71 PRU GALLO OB 318 Savannah Road $399, $350, /30/02 29 OB OB 121 Jefferson Avenue $375, $350, /31/02 74 OB OB 110 E. Fourth Street $369, $360, /03/02 52 PRU GALLO PRU GALLO 51 Baybreeze $370, $360, /13/ OB OB 107 Rodney Avenue $370, $368, /30/02 0 PRU GALLO PRU GALLO 708 Fourth Street $399, $380, /20/ OB OB Lot 73 Burton Avenue $395, $385, /15/ OB PRU GALLO 229 Oceanview Blvd $398, $390, /18/02 72 PRU GALLO PRU GALLO 3 Drake Knoll $419, $400, /30/ PRU GALLO PRU GALLO 59 DeVries Circle $425, $400, /20/02 65 OB OB 215 Marina Drive $449, $425, /20/02 92 OB OB 4 Black Marlin Drive $449, $440, /03/ PRU GALLO PRU GALLO 6 Gower Court $439, $440, /30/ OB OB 107 Marina Drive $459, $445, /25/ PRU GALLO PRU GALLO 18 Shipcarpenter Square $489, $470, /06/02 65 PRU GALLO PRU GALLO 42 Shipcarpenter Square $525, $505, /31/02 94 PRU GALLO PRU GALLO 28 Black Marlin Drive $589, $560, /18/ OB OB Lot 13 Tarpon Drive $599, $590, /27/ OB OB 2 Shipcarpenter Square $625, $595, /13/02 76 PRU GALLO PRU GALLO 97 Tarpon Drive $659, $607, /13/ PRU GALLO PRU GALLO
5 608 Pilottown Road $699, $675, /05/02 82 PRU GALLO PRU GALLO 231 Second Street $999, $960, /07/ PRU GALLO PRU GALLO
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