2024 South Bethany Real Estate Market Recap
Posted by Leslie Kopp & Christi Arndt on Monday, January 13th, 2025 at 9:36am
*Data was derived from the Sussex County MLS. Includes properties sold in South 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, the real estate market was robust in South Bethany. Inventory shortages kept total sales down, but values appreciated considerably, even as interest rates increased heading into the Summer season. Buyer activity slowed considerably in the fall, which was anticipated given the election and the fact that there was essentially no inventory available for buyers.
We are optimistic and enthusiastic about the Delaware beach market in the year ahead! If you are considering a purchase or sale of South 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 32% of sales in South Bethany, representing the buyer, seller or both parties. Properties in South Bethany that were listed with our group sold a month faster on average (29 days vs. 66) and our sellers achieved an average sale-to-list price of 99%.
Leave A Comment