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 last year. As the chart illustrates, sales year-to-date are up and the median sale price is up 24%. Properties are taking a little longer to sell and inventory has more than doubled compared to last year.    

If you are considering a future purchase or sale, it is never too early to have a conversation or to begin to prepare your home for the market. We are always here to help, please call our Bear Trap Dunes Expert.

Gail Phelan
(302) 233-4909