Bethany Beach Market Holds Strong

Posted by Leslie Kopp on


*Data was derived from the Sussex County MLS and tax records. Includes properties in Bethany BEACH. May not reflect all activity in the marketplace.

As another busy summer season winds down, many Bethany Beach buyers and sellers are beginning to think about what's next. Whether you're planning for next year or simply keeping an eye on the market, we've put together a snapshot of how the first seven months of this year compare to the same period last year.

Although the market has become more balanced than it was a year ago, Bethany Beach remains strong. With inventory down 15%, well-priced properties are going under contract four days faster than the previous year. Average sale prices have increased by 7%, and sales of $2 million-plus homes are up 10%.

If purchasing or selling has been on your mind, we would be happy to provide a current market evaluation, answer your questions, and help you decide if the timing is right for you. Please give us a call. 

Leslie Kopp                    Christi Arndt
(302) 541-5207           (302) 245-5223


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