Bethany Beach Market Surge in 2019
Happy New Year! Last year at this time, we communicated to you that the Bethany market kept pace with a strong 2017. We are pleased to report that conditions trended upward in 2019 as there was an impressive 21% increase in sales volume!
Importantly, there was an increase in sale prices and with the continuation of limited inventory (especially for the condo/townhome segment), we anticipate that this trend will continue. We feel very fortunate to work with far more clients in Bethany than any other agent or group. In 2019, we represented 114 buyers and sellers and participated in 36% of real estate transactions in Bethany Beach. Properties listed with our group sold more than a month faster and our sellers realized a higher sale-to-list price (97% vs. 95%) than the rest of the market.
We are grateful for your continued loyalty and wish you and yours a happy, healthy, and prosperous 2020!
Leslie Kopp & Christi Arndt