Delaware Beach Real Estate Blog

For the last few months, we have shared with you that the real estate market has been slowing, but as the graph illustrates, both single family homes and condo/townhome properties in Ocean View continued to appreciate in value during 2022.

If you are considering a sale, we welcome a conversation to strategize about how to ensure the very best results in this shifting market: (302) 541-5207.  

During this time of Thanksgiving, we are grateful for your continued confidence in our group. We all wish you and your loved ones a healthy and joyful holiday!

 

*Data was derived from the Sussex County MLS. Includes properties sold in Ocean View, Delaware. May not reflect all activity in the marketplace.

 

 

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For the last few months, we have shared with you that the real estate market has been slowing at the beach, but as the graph illustrates, Bear Trap property values continued to appreciate during 2022.

If you are considering a purchase or a sale, we welcome a conversation to strategize about how to ensure the best results in this shifting market! Please call Bear Trap Specialist Gail Phelan (302) 233-4909.

During this time of Thanksgiving, we are grateful for your continued confidence in our group. We all wish you and your loved ones a healthy and joyful holiday!

 

*Data was derived from the Sussex County MLS. Includes properties sold in Bear Trap Dunes and Ocean View, DE. May not reflect all activity in the marketplace.

 

 

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The Delaware Department of Transportation (DelDOT) conducted a public meeting on October 26, 2022 to address pedestrian and bicyclist safety concerns along Coastal Highway in North Bethany.  The results of a recent DelDOT traffic study were presented and representatives from the "Coalition for a Safer North Bethany Beach" were given the opportunity to voice their concerns particularly, the posted speed limit of 55 mph.

Several short-term strategies under consideration include improving signage, increasing site-distance by removing overgrown vegetation, installing flashing beacons, and improving road crossings and lighting.  Additional longer-term ideas were presented such as creating buffers between travel lanes and the road shoulder, installing

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For the last few months, we have shared with you that the real estate market has been slowing at the beach, but as the graph illustrates, Sea Colony property values continued to appreciate during 2022.

If you are considering purchasing or selling, we welcome a conversation to strategize about how to ensure the best results in this shifting market! Please call Sea Colony Specialists Gail Phelan (302) 233-4909 and Chris Housman (302) 853-0192.

During this time of Thanksgiving, we are grateful for your continued confidence in our group. We all wish you and your loved ones a healthy and joyful holiday!

 

*Data was derived from the Sussex County MLS. Includes properties sold in Sea Colony, Bethany Beach. May not reflect all activity in the

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In preparation for the upcoming 2023 beach season, the Fenwick Island Beach Committee will be installing new signs that will help children navigate while visiting the beach and to help keep them from getting lost.

 The twelve "marine animal-themed" signs will be installed on dune crossings and along the beaches and will be about 4 feet tall and 18 inches wide.

For more information, please click here.

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For the last few months, we have shared with you that the beach real estate market has been slowing, but as the graph illustrates, both single family homes and condo/townhome properties in the Bethany-Fenwick area continued to appreciate in value during 2022.

If you are considering a purchase or sale, we welcome a conversation to strategize about how to ensure the very best results in this shifting market!  

During this time of Thanksgiving, we are grateful for your continued confidence in our group. We all wish you and your loved ones a healthy and joyful holiday!

 

*Data was derived from the Sussex County MLS. Includes properties sold in Fenwick Island, South Bethany, Bethany Beach & North Bethany. May not reflect all activity in the

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We all hear economic and financial data from multiple sources. At the end of the day, we feel it is important to share both the sales data in the chart provided and also some perspective on what we are experiencing first-hand.

As we reflect on the last 6 months or so, we started to notice a difference in the temperature of the market in the March/April timeframe. None-the-less, through a rising interest rate environment and uncertainty in the financial markets, we continued to see, and we are still seeing properties sell very quickly. Seven of the last 10 properties that went under contract in Ocean View did so in under 2 weeks. These properties ranged in price from $245K to just under $1 million.

Given the state of the economy, we continue to

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We all hear economic and financial data from multiple sources. At the end of the day, we feel it is important to share both the sales data in the chart provided and also some perspective on what we are experiencing first-hand.

As we reflect on the last 6 months or so, we started to notice a difference in the temperature of the market in the March/April timeframe. None-the-less, through a rising interest rate environment and uncertainty in the financial markets, we continued to see, and we are still seeing properties sell very quickly. Seven of the last 10 properties that went under contract in Bear Trap did so in under 3 weeks.  

Given the state of the economy, we continue to be surprised that more people are not reaching out for valuations of

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We all hear economic and financial data from multiple sources. At the end of the day, we feel it is important to share both the sales data in the chart provided and also some perspective on what we are experiencing first-hand.

 As we reflect on the last 6 months or so, we started to notice a difference in the temperature of the market in the March/April timeframe. None-the-less, through a rising interest rate environment and uncertainty in the financial markets, we continued to see, and we are still seeing properties sell very quickly. Three of the last 5 listings of ours that went under contract in Sea Colony did so in under 2 weeks. These properties ranged in price from $6350K to just under $1 million.

Given the state of the economy, we

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We all hear economic and financial data from multiple sources. At the end of the day, we feel it is important to share both the sales data in the chart provided and also some perspective on what we are experiencing first-hand.

As we reflect on the last 6 months or so, we started to notice a difference in the temperature of the market in the March/April timeframe. None-the-less, through a rising interest rate environment and uncertainty in the financial markets, we continued to see, and we are still seeing properties sell, just not at the frenzied pace we experienced early in the year. Three of the last five properties that went under contract in South Bethany did so in under 2 weeks and they all did so within a month.

Given the state of the

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