Delaware Beach Real Estate Blog

For many months, we have been reporting that sales are down when compared to the same time period last year. This trend finally broke in August!   During the month, 10 properties went under contract in Sea Colony vs. 8 in August of 2022. Meanwhile, inventory is still deficient with only 8 properties for sale, the same as last year.

 Sea Colony Real Estate Market Update

As the chart illustrates, total sales in Sea Colony market are down year-to-date for both the East and West while the median salesprice is up 5% and 8%, respectively. Properties tend to sell in just under 2 weeks with 12 days being the median amount of time to go under contract. We don’t know how long this flurry of activity will last, but it feels as though buyers are motivated to move on the right property.

On a

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For well over a year, we have been reporting that monthly sales are down when compared to the same time period last year. This trend finally broke in August!   During the month, 28 properties went under contract vs. 24 in August of 2022. Meanwhile, inventory is still deficient with only 36 properties for sale versus 61 at this same time last year.

ethany-Fenwick Real Estate Market Update

As the chart illustrates, total sales in the Bethany-Fenwick market are down 27% year-to-date while the median sales price is up 10%. Properties tend to sell in just under 2 weeks with 12 days being the median amount of time to go under contract.

On a personal note, September is a special month for me. This month marks 34 years since starting a career in real estate at the beach. I am extremely

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Bethany Beach, Delaware, is a hidden gem nestled along the breathtaking Delaware coastline. With its pristine beaches, charming community, and an array of amenities and attractions, it's plain to see why properties in Bethany Beach are highly sought after. 

 



If you are considering investing in a Bethany Beach property, you'll be pleased to know that there are several activities in the area that can significantly boost property value. 

Recreational Activities Abound

Bethany Beach’s pristine beaches are the main attraction that draws people in. The soft sand, gentle waves, and warm sunshine create the perfect setting for relaxation and recreation. Owning a property just steps away from the beach is a dream come true for many, making it

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It is hard to believe that Labor Day weekend is right around the corner, we hope you are having a wonderful summer! While total real estate sales are down 28% year-to-date in Bear Trap, the market remains very strong.

It has been more than a year since the “buyer frenzy” we experienced in 2020 through early 2022, but it remains a strong time to be a seller with minimal competition.

As always, if we can offer you any real estate guidance, please call our Bear Trap Expert:
Gail Phelan: 302-233-4909

Data was derived from the Sussex County MLS. Includes Single Family and Condo/Townhome properties in Bear Trap Dunes. May not reflect all market activity .

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It is hard to believe that Labor Day weekend is right around the corner, we hope you are having a wonderful summer! While total real estate sales are down 14% year-to-date in Ocean View, the market remains very strong.

It has been more than a year since the “buyer frenzy” we experienced in 2020 through early 2022, but it remains a strong time to be a seller with minimal competition.

As always, if we can offer you any real estate guidance during this time, please give us a call:
302-541-5207.

Data was derived from the Sussex County MLS. Includes Single Family and Condo/Townhome properties in Ocean View. May not reflect all market activity.

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It is hard to believe that Labor Day weekend is right around the corner, we hope you are having a wonderful summer! While total real estate sales are down 33% year-to-date in Sea Colony, the market remains very strong.

It has been more than a year since the “buyer frenzy” we experienced in 2020 through early 2022, but it remains a strong time to be a seller with minimal competition. So far this year, our group has participated in more than 30% of property sales in Sea Colony.

As always, if we can offer you any real estate guidance, please call our Sea Colony Experts:
Gail Phelan: 302-233-4909  Chris Housman: 302-853-0192.

Data was derived from the Sussex County MLS. Includes properties in Sea Colony. May not reflect all activity in the

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It is hard to believe that Labor Day weekend is right around the corner, we hope you are having a wonderful summer! While total real estate sales are down 52% year-to-date in Fenwick Island, the market remains very strong.

It has been more than a year since the “buyer frenzy” we experienced in 2020 through early 2022, but it remains a strong time to be a seller with minimal competition. So far this year, our group has participated in 35% of property sales in the Bethany-Fenwick area.

If we can offer you any real estate guidance, please give us a call.

Leslie Kopp                                Christi Arndt   
(302) 542-3917                         (302) 245-5223         

Data was derived from the Sussex County MLS. Includes Single Family

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new homes bethany beach

Exploring New Homes: Bethany Beach

As one of Delaware's most beloved beach towns, Bethany Beach has long been a favorite of vacationers seeking sun and sand. But beyond the boardwalk and the beach, there are many hidden gems just waiting to be discovered. Whether you're a first-time visitor or a longtime resident, here are some of the best off-the-beaten-path experiences in Bethany Beach.

The town's real estate market has been booming in recent years, with many new construction opportunities emerging across the area. From modern beachfront condos to spacious single-family homes, there's something for everyone when it comes to new homes in Bethany Beach.

Fenwick Island State Park

If you're looking for a more secluded beach, head to the

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South Bethany Real Estate Market Update

 

It is hard to believe that Labor Day weekend is right around the corner, we hope you are having a wonderful summer! While total real estate sales are down 22% year-to-date in South Bethany, the market remains very strong.  It has been more than a year since the “buyer frenzy” we experienced in 2020 through early 2022.   So far this year, our group has participated in 40% of property sales in the 19930 zip code.    If we can offer you any real estate guidance, please give us a call.

 

Leslie Kopp                                 Christi Arndt   
(302) 542-3917                            (302) 245-5223              

 

                                              

*Real estate sales data was derived from the Sussex County MLS.

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North Bethany Real Estate Market Update

It is hard to believe that Labor Day weekend is right around the corner, we hope you are having a wonderful summer! While total real estate sales are down 52% year-to-date in North Bethany, the market remains very strong.  It has been more than a year since the “buyer frenzy” we experienced in 2020 through early 2022.  So far this year, our group has participated in 40% of property sales in the 19930 zip code.    If we can offer you any real estate guidance, please give us a call.

 

Leslie Kopp                                 Christi Arndt   
(302) 542-3917                         (302) 245-5223                      

                                        

*Real estate sales data was derived from the Sussex County MLS. Includes Single

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