May, 2023 RSS Icon
Found 14 entries for May, 2023.

Bethany Beach Market Update

 

Happy Spring! As we look back on the first 4 months of the year, there was some slowing in sales in Bethany Beach when compared to 2022. However, there is currently a high level of activity as we head towards the upcoming summer season.

As the chart illustrates, values are up when compared to the same time period last year and while inventory is on the rise with 19 properties for sale, it is still far below pre-pandemic levels when it was common to have more than 150 properties available for sale in Bethany Beach. During the month of April, we listed a number of properties in Bethany that went under contract within just a few short days and the majority of these listing had multiple offers.    

As always, if we can offer you any real

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315 Parkwood Street Coming Soon Listing

Located on a quiet street with no through traffic, this coastal property is the perfect spot to enjoy summer.  The open concept floor-plan, screened-in porch, and deck with private backyard create the perfect layout for entertaining at the beach.  A large bonus room on the first floor can easily be a 4th bedroom, while upstairs is the sun-filled primary bedroom with an en-suite bathroom, 2 guest bedrooms, and another full bathroom.  This charming home is only 3 blocks from the beach and walking distance to restaurants, shops, and the boardwalk.  With a deep cleaning scheduled for today and photography set for Thursday, we look forward to presenting 315 Parkwood Street as an active listing for sale in Bethany Beach on Friday, 5/5!

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April is typically bustling with real estate activity ahead of the upcoming summer season, and this year has been no different!   So far this month, 20 properties have gone under contract in the Bethany-Fenwick area and nearly half of these properties went under contract in less than one week.
We are starting to see more opportunities with 39 listings currently for sale versus just 18 at this same time last year.  Below are a few very special properties that were recently listed for sale…. just in time for you to enjoy this summer at the beach!           

Please browse new listings below and give us a call to discuss these offerings or any others for sale: (302) 541-5207!

*Data was derived from the Sussex County MLS. Includes properties put

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