by Leslie Kopp
on Thursday, November 15th, 2018 at 5:56am.
After a late summer slow down, the Bethany-Fenwick market experienced a significant 52% rise in sales during October when compared to 2017. In Bethany Beach alone, 28 properties went under contract versus 17 last year. October single family home sales matched 2017 while condo/townhome sales more than doubled (21 vs. 10). Buyers benefited from a nice jump in September inventory!
As the chart illustrates, year-to-date, the market is keeping pace with a strong 2017 and all factors point towards the continuation of this trend.
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!