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Low Inventory in 55+ communities in Coastal Delaware

What a difference a year makes. At one point early last year I remember some concern about the number of resale homes on the market in some of our 55+ active adult communities. Well, I just finished touring communities with clients this week and it is slim pickings for those that want an existing home or a quick delivery home. To find something in a specific price range is getting to be a challenge.

In some parts of the country, there is one community after another with plenty of homes to choose from. Active Adult Communities only came on the scene in Coastal Delaware around late 2005 and we still only have four 55+ single family home communities in Southern Delaware plus one mobile home community and one mid-rise condo community. I just did a search and came up with only 9 existing homes in all of Coastal Delawares 55+ active adult communities that I can show to clients on Saturday.

Want to learn more about real estate in Coastal Delaware? Contact Kathy Sperl-Bell