The Leslie Kopp Group's Beach Real Estate Blog

North Bethany August 1, 2018 Market Update

It is hard to believe that we are more than half of the way through the year and as the chart indicates, year-to-date real estate sales activity has been exceptional when compared to the same time period in 2017. Total sales, prices and the pace of sales are trending in a positive direction for North Bethany home owners.

It is important to note that while the year as a whole has been strong, most recently, real estate has slowed as sales were down in both June and July when compared to the same months in 2017. Inventory is relatively flat. There are currently 32 properties for sale in North Bethany versus 34 this time last year.    

It’s never too early to begin strategizing. If you are considering buying or selling in the future, please give us a

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Bethany Beach August 1, 2018 Market Update from Leslie Kopp

It is hard to believe that we are more than half of the way through the year and as the chart indicates, year-to-date real estate sales activity has been strong when compared to the same time period in 2017. Total sales, prices and the pace of sales are trending in a positive direction in Bethany.

It is important to note that while the year as a whole has been strong, most recently, real estate has slowed as sales were down in both June and July when compared to the same months in 2017. Additionally, inventory on the first beach block has been limited which is reflected in some softening of the $1 million+ market.  

It’s never too early to begin strategizing. If you are considering buying or selling in the future, please give us a call to discuss

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Fenwick Island August 1, 2018 Market Update

It is hard to believe that we are more than half of the way through the year and while the beach real estate market as a whole is trending in a positive direction, Fenwick Island has experienced some slowing when compared to 2017.

As the chart indicates, through July, the total number of both single family homes and condo/townhomes sold are down. Meanwhile, the pace of sales has improved some and $1million+ sales have held firm. Inventory is down across all property types in Fenwick which is certainly a factor. This time last year, there were 44 properties for sale versus 30 on the market today.    

It’s never too early to begin strategizing. If you are considering a future purchase or sale, please give us a call to discuss your goals: (302)

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South Bethany August 1 2018 Market Update

It is hard to believe that we are more than half of the way through the year and while the beach real estate market as a whole is trending in a positive direction, South Bethany has experienced some slowing in total sales.

As the chart indicates, through July, the number of properties put under contract is down 14% when compared to the first 7 months of last year. Meanwhile, the pace of sales has improved and $1million+ transactions are up considerably, leading to an increase in total sales volume to-date. Inventory is down across most areas of South Bethany which is certainly a factor. This time last year, there were 25 properties for sale versus 18 on the market today.

It’s never too early to begin strategizing. If you are considering a future

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Bethany Beach-based team earns 141st spot on REAL Trends’ The Thousand list

 CHANTILLY, Va., July 9, 2018 – The Leslie Kopp Group of Long & Foster Real Estate has been named as one of the top real estate teams in the nation. The Bethany Beach, Delaware-based team ranked 141st nationwide based on its 2017 sales volume, according to the annual REAL Trends’ The Thousand list.

Kopp, who has specialized in the sale of coastal properties since 1989, attributes her team’s success to always putting her clients’ interests first, which results in many referrals from previous transactions. “Our team is honored to be recognized as one of the top real estate groups in the country, and we’ve worked hard to achieve this level of success,” said Kopp. “This ranking

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/Delaware Beach Property Values on the Rise

One year ago, we communicated to you that after nearly 5 years of price stability, we were beginning to see property values on the rise. As the graph illustrates, there is no question that prices continue to climb. The median sale price of single family homes and condo/townhomes sold through May of this year is up a significant 8% when compared to 2017. 

While values as a whole are still more than 20% lower than 2006 when prices peaked, the appreciation that the market has experienced over the last 12 months is significant! Please let us know if you are considering buying or selling at the beach.  We would love the opportunity to speak with you. 

Leslie  

 

*Data was derived from the Sussex County MLS. Includes new contracts on properties

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Courtesy of Sea Colony Recreational Association, Inc
From Tom Olson

What’s happening at Sea Colony?  We’re preparing for the unofficial start of summer – beginning with the Memorial Day weekend!  We’ve spent the past month readying the beach, opening our pools, preparing our tennis courts and putting the finishing touches on landscape projects throughout the community.  We’ve added kayak racks, installed heaters at Tennis Pools 1&2 and increased our “On-Demand” parking program by adding Georgetowne House and Harbour House spaces.

There’s More!!  We’re waiting for our new tram. Big, white and energy-efficient, this is Sea Colony’s first new tram in a decade. We’re also rolling out the first ever Sea Colony app for smart phones. You can download the

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Published by: Sea Colony Recreational Association, Inc.
May 7, 2018  |  Bethany Beach, Delaware

Sea Colony – known as “The Premier Family Beach & Tennis Resort Community” – remains among the world’s elite tennis destinations, according to Tennis Resorts Online (TRO)’s 2018 rankings released on May 1. 

TennisResortsOnline.com, published by former Tennis magazine editor Roger Cox, ranked Sea Colony as the world’s No. 21 tennis resort and a Top 20 tennis camp, as well as No. 5 for "Best Overall Children’s Programs."

TRO's annual rankings are determined by tennis players, who were asked to evaluate resorts and camps in 20 categories, including tennis programs, instruction, lodging, restaurants and value. This latest global recognition adds to the

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While the winter weather was not ideal to encourage buyers to visit during the first quarter of 2018, the beach real estate market was strong. In fact, conditions are more favorable today that they have been in over a decade on the Delaware Coast.  Ocean View and Bear Trap Dunes are no exception.

Ocean View Delaware Real Estate Statistics Q1 2018

Total sales and prices are trending in a positive direction for both Ocean View and Bear Trap.  For the last few months, we have communicated to you that the combination of high buyer activity and shrinking inventory would ultimately lead to the price increases that we are experiencing today. In fact, median sale prices are up between 3% and 6%, depending on the property type and specific location when compared to 2017.   

It’s never too early to

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Sea Colony Real Estate First Quarter 2018 Bethany Beach                               

While the winter weather was not ideal to encourage buyers to visit during the first quarter of 2018, the beach real estate market was strong. In fact, conditions are more favorable today that they have been in over a decade from North Bethany to Fenwick Island and Sea Colony is no exception. 

Total sales, prices and the pace of sales are all trending in a positive direction for property owners on the West. For the last few months, we have communicated to you that the combination of high buyer activity and shrinking inventory would ultimately lead to the price rebound that we are experiencing today. In fact, the median sale price is up 3% when compared to 2017.  While total sales and sales volume statistics for the

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