We all hear economic and financial data from multiple sources. At the end of the day, we feel it is important to share both the sales data in the chart provided and also some perspective on what we are experiencing first-hand.

As we reflect on the last 6 months or so, we started to notice a difference in the temperature of the market in the March/April timeframe. None-the-less, through a rising interest rate environment and uncertainty in the financial markets, we continued to see, and we are still seeing many properties sell very quickly. In September, 5 properties went under contract in Fenwick Island and 4 of the 5 went under contract in less than 1 week. These properties ranged in price from $370K to $3.6 million.

Given the state of the

We all hear economic and financial data from multiple sources. At the end of the day, we feel it is important to share both the sales data in the chart provided and also some perspective on what we are experiencing first-hand.

As we reflect on the last 6 months or so, we started to notice a difference in the temperature of the market in the March/April timeframe. None-the-less, through a rising interest rate environment and uncertainty in the financial markets, we continued to see, and we are still seeing many properties sell very quickly. Seven of the last 10 properties that went under contract in Bethany Beach did so in under 2 weeks. These properties ranged in price from $350K to $3.6 million.

Given the state of the economy, we continue to be

We all hear economic and financial data from multiple sources. At the end of the day, we feel it is important to share both the sales data in the chart provided and also some perspective on what we are experiencing first-hand.

As we reflect on the last 6 months or so, we started to notice a difference in the temperature of the market in the March/April timeframe. None-the-less, through a rising interest rate environment and uncertainty in the financial markets, we continued to see, and we are still seeing many properties sell quickly. Three of the last five properties that went under contract in North Bethany did so in under 2 weeks. These properties ranged in price from $1 MIL to $3.5million.

Given the state of the economy, we continue to be

The Delaware Department of Transportation (DelDOT) will hold a public workshop on Wednesday, October 26, 2022 at 5:00 pm to discuss the North Bethany Pedestrian & Bicyclist Study and the options for changes on Route One in North Bethany to improve pedestrian and bicyclist safety. Information will be presented beginning at 5:00 pm, followed by a question and answer period.

The workshop will be held in person at the Indian River Marina Conference Room and virtually via Zoom.  Meeting information is below:

In Person Meeting Location:
Indian River Marina Conference Room
39415 Inlet Rd
Rehoboth Beach, DE 19971

Virtual Meeting Information:
https://publicmeetings.delaware.gov/#/meeting/73047

Warm sunny days, cool nights and light traffic make this our favorite time of the year at the beach and we hope that you are enjoying this season!  

We have been communicating for the last few months that the beach real estate market has slowed when compared to recent years and this trend continued through August. As the chart illustrates, sales in Sea Colony East are down 17% to-date while the continuation of extremely limited inventory has kept the median sales price up a significant 35%.

On a personal note, September is always a special month for me as it marks 33 years since starting a career in real estate at the beach. I feel extremely fortunate to have earned the trust of so many of you over the years and together with Christi, Gail,

Warm sunny days, cool nights and light traffic make this our favorite time of the year at the beach and we hope that you are enjoying this season!  

We have been communicating for the last few months that the beach real estate market has slowed when compared to recent years and this trend continued through August. Sales year-to-date in South Bethany are down 16% to-date while the continuation of limited inventory has kept the average sales price is up 15%. Properties are still selling quickly, with 9 days being the median amount of time to go under contract.     

 On a personal note, September is always a special month for me as it marks 33 years since starting a career in real estate at the beach. I feel extremely fortunate to have earned the

Warm sunny days, cool nights and light traffic make this our favorite time of the year at the beach and we hope that you are enjoying this season!  

We have been communicating for the last few months that the beach real estate market has slowed when compared to recent years and this trend continued through August. Sales to-date in North Bethany are relatively flat, down just 6% compared to 2021, but they are down 39% compared to 54 sales from January through August of 2020. The average sales price is up 23% as there have been 5 oceanfront settlements this year compared to 3 through August of last year. Properties are still selling quickly, with 8 days being the median amount of time to go under contract.

On a personal note, September is always

Warm sunny days, cool nights and light traffic make this our favorite time of the year at and we hope that you are enjoying this season!  

We have been communicating for the last few months that the real estate market has slowed when compared to recent years and this trend continued through August. As the chart illustrates, sales in Ocean View are down 28% to-date while the continuation of limited inventory has kept the median sales price up 30%. Properties are still selling quickly, with 8 days being the median amount of time to go under contract. 

 On a personal note, September is always a special month for me as it marks 33 years since starting a career in real estate at the beach. I feel extremely fortunate to have earned the trust of so

Warm sunny days, cool nights and light traffic make this our favorite time of the year and we hope that you are enjoying this season! 

We have been communicating for the last few months that the real estate market has slowed when compared to recent years and this trend continued through August. As the chart illustrates, sales in Bear Trap are down 9% to-date while the continuation of limited inventory has kept the median sales price up 22%. Properties are selling quickly, with 6 days being the median amount of time to go under contract.

On a personal note, September is always a special month for me as it marks 33 years since starting a career in real estate at the beach. I feel extremely fortunate to have earned the trust of so many of you over

Warm sunny days, cool nights and light traffic make this our favorite time of the year at the beach and we hope that you are enjoying this season! 

We have been communicating for the last few months that the beach real estate market has slowed when compared to recent years and this trend continued through August. As the chart illustrates, sales in Sea Colony West are down 36% to-date while the continuation of limited inventory has kept the median sales price up 18%. Properties are still selling quickly, with 7 days being the median amount of time to go under contract.

On a personal note, September is always a special month for me as it marks 33 years since starting a career in real estate at the beach. I feel extremely fortunate to have earned