Credit to: Susan Canfora, Coastal Point

Ocean View Town Council members said at their budget workshop on Tuesday this week that they were pleased taxes won’t increase this year, but Town Manager Carol Houck warned that there will likely be a hike next year. “I anticipate a 1-cent increase” through the 2029 fiscal year, “and I don’t foresee our ability to not increase the tax rate” in the 2026 fiscal year, Houck said at the Feb. 27 workshop on the Town’s 2025-fiscal-year budget.

“We have maintained the tax rate for the third year in a row, and getting to the current rate included a 3-cent reduction three years ago. We’re proud of that and all we have been able to accomplish,” she said.

The current property tax rate for the Town is $.2378 per $100

March has arrived and we are looking forward to longer light filled days ahead! Bayside had a firm start to the year for real estate activity. While it is not the frenzy that we experienced in 2021 and 2022, to-date, sales are close to keeping pace with last year.

As the chart illustrates, through the first two months, 10 properties went under contract in Bayside compared to 11 during the same time last year. Properties that are priced appropriately continue to sell quickly although the pace is slowing. The median sale price of properties settled in January and February was up 3% when compared to the same months in 2023.

If you are considering buying or selling, please give our Bayside Experts a call to discuss ways that we can work together to

Credit to: Sean Curtis, WBOC

The Department of Natural Resources and Environmental Control (DNREC) plans to hold a public informational session regarding US Wind’s proposed construction that would bring power lines ashore at 3Rs Beach at the Delaware Seashore State Park.

US Wind and Governor John Carney’s Office previously announced negotiations were underway to bring the power lines from offshore turbines ashore at 3Rs Beach, with US Wind paying an annual $350,000 for the land lease.

DNREC says the information session, slated for next Tuesday, will focus solely on the potential lease to allow the underground cables at the beach, including the construction plan and what will be visible following the construction. The meeting will not cover the

March has arrived and we are looking forward to longer light filled days ahead! The Ocean View area had a firm start to the year for real estate activity. While it is not the frenzy that we experienced in 2021 and 2022, to-date, sales are keeping pace with last year.

As the chart illustrates, through the first two months, 50 properties went under contract in Ocean View compared to 53 during the same time last year. Inventory remains at historical lows and
properties that are priced appropriately continue to sell quickly although the average days to contract is rising. The median sale price of properties settled in January and February was up 7% when
compared to the same months in 2023!

If you are considering buying or selling, please give us a

March has arrived and we are looking forward to longer light filled days ahead! Sea Colony has had a good start to the year for real estate activity. While it is not the frenzy that we experienced in 2021 and 2022, to-date, sales are up considerably when compared to last year.

As the chart illustrates, through the first two months, new contracts doubled when compared to the same time last year. Inventory is slowly rising, but remains at historical lows. Sales volume in dollars (based on list price) was up 117%.   Properties that are priced appropriately continue to sell very quickly and the median sale price of properties settled in January and February was up 4% when compared to the same months in 2023.

If you are considering buying or selling,

March has arrived and we are looking forward to longer light filled days ahead! Bear Trap has had a slow start to the year for real estate activity. While it is not the frenzy that we experienced in 2021 and 2022, to-date, sales are up considerably when compared to last year in other areas at the beach, but extremely low inventory has suppressed sales in your community.

As the chart illustrates, through the first two months, new contracts were down 33% compared to the same time last year. Properties that are priced appropriately continue to sell quickly and the median sale price of properties settled in January and February was up 26% when compared to the same months in 2023.

If you are considering buying or selling, please give our Bear Trap

March has arrived and we are looking forward to longer light filled days ahead! The Bethany-Fenwick area had a good start to the year for real estate activity. While it is not the frenzy that we experienced in 2021 and 2022, to-date, sales are up considerably when compared to last year.

As the chart illustrates, through the first two months, new contracts were up 34% when compared to the same time last year. Inventory is slowly rising, but remains at historical lows. Sales volume in dollars (based on list price) was up 30%.   Properties that are priced appropriately continue to sell very quickly and the average sale price for properties settled in January and February was down 5% when compared to the same months in 2023. This is due to the fact

Provided by Delaware Department of Transportation

The purpose of the North Bethany Bicycle and Pedestrian Corridor Study is to evaluate alternatives to provide low-stress bicycle and pedestrian facilities along SR 1 between Bethany Beach and the Indian River Inlet Bridge, and to develop a conceptual design and cost estimate for a recommended alternative. These concepts will be developed based on the public feedback received to date and the results of the existing conditions assessment. The potential alternatives may include recommendations for traffic calming, median crossover closures/consolidations, shared use path(s), protected bike lanes, dedicated right-turn lanes, sidewalks, and crossing improvements.

Public Process

Concepts

The Freeman Arts Pavilion (formerly known as The Freeman Stage) has announced its' first summer concert scheduled for June 26th!  Globally recognized musician Michael Franti & Spearhead with special guests Trevor Hall & Bombargo will be the first musical performance to kick off a wonderful summer of concerts located in the community of Bayside Resort.  With their 2022 performance being such a hit amongst concert-goers, Franti & Spearhead's Togetherness Tour of 2024 will stop in West Fenwick once again to bring sunshine to the stage.

For all upcoming events and performances at The Freeman Arts Pavilion, click here!

We are just one month into the year and so far, we are experiencing some slowing of buyer activity in Bayside. In January, 4 properties went under contract in your community compared to 6 sales during the same month last year.

During this time of the year, we like to calculate absorption rates to determine whether we are trending in the direction of a buyer’s or seller’s market. We compare the pace of sales over the previous 12 months to calculate how many Months Supply of Inventory is for sale. Generally, a balanced market would have between 6 to 7 months of inventory.  

We remain in a Seller’s Market in Bayside.   If you are looking for a Bayside single family, townhome or condo to call your own intime for the upcoming season, or if you have