After a late summer slowdown, the Bethany-Fenwick market experienced a significant 52% rise in sales during October when compared to 2017. Buyers benefited from a nice jump in September inventory!
Meanwhile, there was some slowing in North Bethany as only 2 properties went under contract versus 3 last year. We were fortunate to participate in both sales and as the chart illustrates, year-to-date market activity has been exceptional when compared to 2017. Additionally, properties are going under contract more than a month quicker than a year ago.
These are encouraging trends for property owners and over-all, we are optimistic about the market as we head into 2019!
Leslie Kopp & Christi Arndt