Bayside Active Inventory & Median Sale Price
Posted by Leslie Kopp & Christi Arndt on Tuesday, April 29th, 2025 at 10:33am
*Data was derived from the Sussex County MLS. Includes resale properties sold in Bayside. May not reflect all activity in the marketplace.
During the first quarter of 2025, the Bayside real estate market was a little softer when compared to 2024. Total sales were down 13% (20 vs 23) during the first quarter. Inventory is growing and properties took 40 days, on average, to go under contract vs 62 days in 2024. The graph illustrates historic inventory levels of resale properties available for purchase on April 1 each year and the median sale price of properties sold in the first quarter. We feel the market shifting, but real estate remains a solid long term investment. Please give us a call if you are a potential buyer or seller and would like to discuss the market in detail.
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