Delaware Beach Real Estate Blog

Posted by Leslie Kopp on
Bear Trap Dunes Market Becomes More Balanced
*Data was derived from the Sussex County MLS. Includes properties sold in Ocean View. May not reflect all activity in the marketplace.

The summer season is underway, and we’ve enjoyed seeing so many homeowners and visitors return to the area over the past few weeks!

While overall sales volume is down compared to last year, the Bear Trap Dunes market continues to show some signs of strength. Single-family home prices have increased 3% year over year, and condo/townhome sales have remained steady. Inventory has expanded to 20 active listings, creating a more competitive environment for sellers, and more options for buyers.

With the summer and golf season bringing increased traffic to the community, now is an excellent time for sellers & buyers to take advantage of seasonal activity. If you have been thinking of buying or selling, please call our Bear Trap Expert:

Gail Phelan 
(302) 233-4909

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