Delaware Beach Real Estate Blog

Happy New Year, we hope you and your family had a safe and healthy holiday season!

As we look back on 2021, you might recall that we predicted another strong year following a record shattering 2020. This proved to be true! The continuation of shrinking inventory and strong demand created a competitive market for buyers like we have never experienced.  These conditions sent real estate values surging in 2021 and it remains an incredible time to be a seller! In fact, buyer demand continues to be high and there are currently only 12 properties for sale in Bethany Beach versus 23 at this time last year and 85 at the close of 2019!

In 2021, we were fortunate to participate in 30% of sales in the Bethany-Fenwick area, representing the buyer, seller or

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Happy New Year, we hope you and your family had a safe and healthy holiday season!

As we look back on 2021, you might recall that we predicted another strong year following a record shattering 2020. This proved to be true! The continuation of shrinking inventory and strong demand created a competitive market for buyers like we have never experienced. These conditions sent real estate values surging in 2021 and it remains an incredible time to be a seller! In fact, buyer demand continues to be high and there are currently only 9 properties for sale in Fenwick Island versus 19 at this time last year and 35 at the close of 2019!

In 2021, we were fortunate to participate in 30% of sales in the Bethany-Fenwick area, representing the buyer, seller or

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Happy New Year, we hope you and your family had a safe and healthy holiday season!

As we look back on 2021, you might recall that we predicted another strong year following a record shattering 2020. This proved to be true! The continuation of shrinking inventory and strong demand created a competitive market for buyers like we have never experienced. These conditions sent real estate values surging in 2021 and it remains an incredible time to be a seller! In fact, buyer demand continues to be high and there is only 1 property for sale in South Bethany versus 4 at this time last year and 11 at the close of 2019!

In 2021, we were fortunate to participate in 48% of sales in South Bethany, representing the buyer, seller or both parties. Properties

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As we look back on 2021, you might recall that we predicted another strong year following a record shattering 2020. This proved to be true! The continuation of shrinking inventory and strong demand created a competitive market for buyers like we have never experienced. These conditions sent real estate values surging in 2021 and it remains an incredible time to be a seller! In fact, buyer demand continues to be high and there is only 1 property for sale in North Bethany versus 5 at this time last year and 19 at the close of 2019!

In 2021, we were fortunate to participate in 45% of sales in North Bethany, representing the buyer, seller or both parties. Properties listed with our group sold faster (15 average days-to-contract vs. 46) and our sellers

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Our group hosted The Wags, Witches and Warlocks Halloween Festival in Bethany Beach on Saturday, October 30, 2021.  Families and pets participated in a day of fun which has raised more than $15,000 so far this year for the Brandywine Valley SPCA!   Funds raised will go towards a new state-of-the-art campus and ICU hospital for pets in Delaware.

Take a look at a few photos below to see highlights of this year's event. It is always a very special day and we are extremely grateful to our event sponsors and to the town businesses that support the festival.  We hope that you will join us next year! 

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For 18 months, we have shared with you that the real estate market has been exceptional and as the graph illustrates, both single family homes and condo/townhome properties continue to appreciate significantly in value! We expect the continuation of high buyer demand and extremely low inventory which will keep upward pressure on prices well into 2022. If you are considering a purchase or sale, please strategize with us at (302) 541-5207 to ensure the very best results in this market!  



During this time of Thanksgiving, we are grateful to you for your continued trust and wish you and your loved ones a safe, healthy and joyful holiday!

 

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For 18 months, we have shared with you that the real estate market has been exceptional and as the graph illustrates, Bear Trap and Ocean View properties continue to appreciate significantly in value! We expect the continuation of high buyer demand and extremely low inventory which will keep upward pressure on prices well into 2022. If you are considering a purchase or sale, please strategize with Gail Phelan (302) 233-4909 to ensure the very best results in this market! 



During this time of Thanksgiving, we are grateful to you for your continued trust and wish you and your loved ones a safe, healthy and joyful holiday!

 

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For 18 months, we have shared with you that the real estate market has been exceptional at the beach and as the graph illustrates, Sea Colony properties continue to appreciate significantly in value! We expect the continuation of high buyer demand and extremely low inventory which will keep upward pressure on prices well into 2022.



During this time of Thanksgiving, we are grateful to you for your continued trust and wish you and your loved ones a safe, healthy and joyful holiday!

If you are considering a purchase or sale, please strategize with Sea Colony Specialist Gail Phelan (302) 233-4909 to ensure the very best results in this market!  

 

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