August 2018

Found 4 blog entries for August 2018.

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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