Delaware Beach Real Estate Blog

Last month, we reported that the Bear Trap real estate market was firm with 4 sales in August. We are pleased to share that buyer activity picked up nicely in September! During the month, 5 properties sold in your community, this compares to 4 sales in September of last year.  

As the chart illustrates, through the first 3 quarters of the year, the market has remained firm in Bear Trap. While it is taking just a few days longer for properties to sell, the median sale price has risen for all property types. If you are exploring your options as a buyer or seller, we always welcome a conversation.

Please call our Bear Trap Expert: Gail Phelan (302) 233-4909

 

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Ocean View Market Remains Firm for Sellers

Last month, we reported that the Ocean View real estate market was active in August. Unfortunately, this momentum did not continue into September. During the month, 31 properties went under contract. This is down 34% when compared to 47 sales in September of last year.

As the chart illustrates, through the first 3 quarters of the year, the market as a

whole has remained firm in Ocean View. However, it is important to watch inventory as there are nearly 30% more properties on the market today when compared to last year.  

If you are exploring your options as a buyer or seller, we always welcome a conversation, please give us a call.
(302) 541-5207 

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Credit to: Coastal Point

Gov. Matt Meyer this week signed several bipartisan reforms designed to provide immediate relief to Delaware homeowners facing sharp property tax increases and to ensure fairness following the statewide property reassessment.

The bills were passed in a special legislative session called after the June 30 closing of the state’s 2025 legislative session.

Officials said they “create fairer tax rates that ease the burden on homeowners, provide flexible payment plan options, and issues refunds to property owners who overpaid, all while maintaining resources for school districts.” Passed legislation also calls for a review of the assessment process and development of improvement recommendations for future reassessments.

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Last month, we reported that the Sea Colony real estate market had experienced a nice rise in activity during August. This momentum continued into September.  During the month, 10 properties went under contract. This compares to 6 sales in September of last year.

Through the first 3 quarters of the year, the market has been firm in Sea Colony. As the chart illustrates, total sales are down, but this is due to low inventory (especially on the West), not weakened buyer demand.   While properties are taking longer to go under contract, appropriately priced properties for both the East and West are still selling very quickly.

If you are exploring your options as a buyer or seller, we always welcome a conversation. Please call our Sea Colony

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Last month, we reported that the beach real estate market was active in August. Unfortunately, this momentum did not continue into September. During the month, 26 properties in the Bethany-Fenwick area went under contract. This is down 19% when compared to 31 sales in September of last year.

As the chart illustrates, through the first 3 quarters of the year, the market has been strong for all property types at the beach. Prices and inventory are both relatively stable while total sales are up. If you are exploring your options as a buyer or seller, we always welcome a conversation.

Leslie Kopp                         Christi Arndt                                                                                     
(302) 541-5207               

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Credit to: Delaware Public Media, Joe Irizarry

 

 

Work begins soon to replace the Fenwick Island Bridge.  The nearly 70-year-old bridge is the fifth most deficient bridge in the state according to DelDOT.  The main issue is the bridge pylons - which are in the water - eroding over time.

It’s a multi-phase project building half of the new bridge to shift traffic to that while tearing down the old half and replacing that.  The bridge will always be open with some single-lane closures possible at night or overnight.

"It's going to be a lengthy project because of the way that we're doing, it's really a try and minimize traffic impacts as much as possible. And, ultimately what we're going to end up with is just a modern and wider bridge,

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The Station, Fenwick Island

Not only does September bring our favorite time of year to live at the beach, but also our favorite time of year to dine at local eateries.  Countless restaurants in and around Bethany Beach offer a wide variety of specials for those that call this beautiful place home year-round.  Check out our compiled list of off-season specials below, and we will continue to update as new specials are rolled out!

 

SODEL Concepts:



The Station in Fenwick Island, DE:


 

DiFebo's Restaurant Bethany Beach & Rehoboth:

 

DiFebo's Market Bethany Beach:

Common Ground Hospitality Restaurant Group:

Hooked & Off the Hook
Daily Happy Hour from 3-6PM

Tailchasers Restaurant & Dock Bar
Football All Day Sunday

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 August Sales Firm in Bear Trap

September is our favorite time of the year to live at the beach. We hope you have a chance to be here to enjoy the cooler temperatures, light traffic, and warm ocean breezes! This is also a special month for me personally, as it marks 36 years since starting a career in real estate at the beach. I am extremely grateful to have earned the trust of so many of you over the years and together with Christi Arndt, Gail Phelan, and the group, we will continue to offer the highest level of guidance and expertise in real estate well into the future!

The real estate market for Bear Trap has remained firm when compared to last year. During the month of August, 4 properties went under contract in your community which is consistent with 4 during the same month

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August Sales Stronger in Ocean View

September is our favorite time of the year to live at the beach. We hope you have a chance to be here to enjoy the cooler temperatures, light traffic, and warm ocean breezes! This is also a special month for me personally, as it marks 36 years since starting a career in real estate at the beach. I am extremely grateful to have earned the trust of so many of you over the years and together with Christi Arndt and the group, we will continue to offer the highest level of guidance and expertise in real estate well into the future!

The real estate market in Ocean View was active in August. During the month, 33 properties went
under contract. This compares to 27 during the same month last year. As the chart illustrates, sales year-to-date are up 15%

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August Sales Stronger in Sea Colony

September is our favorite time of the year to live at the beach. We hope you have a chance to be here to enjoy the cooler temperatures, light traffic, and warm ocean breezes! This is also a special month for me personally, as it marks 36 years since starting a career in real estate at the beach. I am extremely grateful to have earned the trust of so many of you over the years and together with Christi Arndt, Gail Phelan, Chris Housman, and the group, we will continue to offer the highest level of guidance and expertise in real estate well into the future!

After a slower July, the beach real estate market experienced a nice rise in August when compared to the last year. During the month, 9 properties went under contract in Sea Colony. This compares

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