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% while the median sale price is down 6%. This is the result of more competition for sellers as inventory is up a significant 39% year-over-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 give us a call.

(302) 541-5207