Beach Market Stregthens in Fall, NB Slower
After a late summer slowdown, the Bethany-Fenwick market experienced a significant 52% rise in sales during October when compared to 2017. Buyers benefited from a nice jump in September inventory!
Meanwhile, there was some slowing in North Bethany as only 2 properties went under contract versus 3 last year. We were fortunate to participate in both sales. As the chart illustrates, year-to-date market activity has been exceptional when compared to 2017. Additionally, properties are going under contract more than a month quicker than a year ago.
These are encouraging trends and over-all, we are optimistic about the market as we head into 2019! This Thanksgiving and always, we are thankful to you for your continued trust and confidence. We wish you and your loved ones a very joyful holiday season!
Leslie Kopp & Christi Arndt