*Data was derived from the Sussex County MLS. Includes resale properties sold in Bayside. May not reflect all activity in the marketplace.
Happy New Year! As we reflect on 2024, you might recall that throughout most of the year, real estate sales in Bayside were comparable to 2023. Inventory shortages kept values high, even as interest rates increased heading into the Summer season, and sales remained steady from January through September. Buyer activity slowed considerably in the Fall, as anticipated, with the election and Holiday Season.
We are optimistic and enthusiastic about the market in the year ahead! If you are considering a purchase or sale of Bayside real estate, it is never too early to have a conversation or to begin preparations.
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