Prices still having to be reduced in town to get Buyers interested. This latest round of reductions involve 16 Columbia Avenue, reduced to $1,695,000 after 351 days on the market, 42 Maryland Avenue reducing to $1,359,000 after 52 DOM and 8 Oak Avenue reducing for the second time to $2,495,000 after 322 days on the market. This brings the average listing price in North Rehoboth (SFH) down to $1,781,000 and 380 days on the market. The average selling price so far this year (SFH) is $1,322,923 and 246 days on the market. Sellers are averaging 94% of their asking price at the time of contract signing.