Beach Real Estate Blog

Happy New Year!  Last year at this time, we communicated to you that while North Bethany sales were slow in 2017,  we felt that the numbers were not telling the whole story.  Market conditions were stronger than the statistics portrayed, and we anticipated a notable improvement.  As the year-end report shows, this certainly came true […]

  Happy New Year!  After significant strengthening from 2015 to 2017, the 2018 year-end real estate report for Fenwick Island shows us that the market experienced a slight slow down last year.  These statistics do not tell the whole story! Total sales in the market as a whole from Fenwick Island to North Bethany held […]

Happy New Year!  In 2018, the South Bethany Beach real estate market kept pace with a strong 2017 and as the year-end chart illustrates, the $1million+ segment was exceptionally strong. All key market statistics were very positive in South Bethany which continues to put upward pressure on prices. Our group was fortunate to participate in […]

Happy New Year!  In 2018, the Bethany Beach real estate market as a whole kept pace with a strong 2017 and as the year-end chart illustrates, the condo/townhome segment was up a significant 12%! While the highest price paid and $1million+ sales were both lower than last year, this was a reflection of limited inventory […]

After two years of the market softening in Sea Colony East (from 2015 to 2016), sales surged from 29 properties sold in 2016 to 46 in 2017. The market held firm in 2018!  Total sales were down some compared to an exceptional 2017, but in relation to the last few years, it was still very […]

After a late summer slow down, the Bethany-Fenwick market experienced a significant 52% rise in sales during October when compared to 2017. In Bethany Beach alone, 28 properties went under contract versus 17 last year. October single-family home sales matched 2017 while condo/townhome sales more than doubled (21 vs. 10). Buyers benefited from a nice […]

After a late summer slow down, 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! In South Bethany, 4 properties went under contract during the month and 3 of these properties were on the market for less than 40 […]

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 […]

After a late Spring and Summer slow-down, the Ocean View Real Estate market experienced a nice rebound this fall. There was a significant 54% rise in sales during the months of September and October when compared to 2017. Buyers benefited from a nice jump in September inventory! As the chart illustrates, the market is trending […]