2024 North Bethany Real Estate Market Recap
Posted by Leslie Kopp & Christi Arndt on Friday, January 10th, 2025 at 9:16am
*Data was derived from the Sussex County MLS & tax records. Includes properties sold in North Bethany. 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 North Bethany were much stronger when compared to 2023. Even as interest rates increased heading into the Summer season, inventory shortages kept values appreciating and sales remained high from January through October. Buyer activity slowed considerably in November and December, as anticipated, with the election and Holiday Season.
We are optimistic and enthusiastic about the Delaware beach markets in the year ahead! If you are considering a purchase or sale of North Bethany real estate, it is never too early to have a conversation or to begin preparations. We are here to help.
In 2024, we were fortunate to participate in more than 55%of sales in North Bethany, representing the buyer, seller or both parties. Properties in North Bethany listed with our group were put under contract faster on average (34 days vs. 40) and our sellers achieved a higher sale-to-list price (99%) when compared to the rest of the market (96%).
Leave A Comment