Light traffic, cooler temperatures, and warm ocean breezes make September our favorite time of the year to live at the beach. This is also a special month for me personally as it marks 35 years since starting a career in real estate at the beach. I am extremely grateful to have earned the trust of so many of you over the years and together with Christi Arndt and the group, we will continue to offer the highest level of guidance and expertise in real estate well into the future!

After a flurry of activity in July, the beach real estate market slowed some in August when compared to the last year. During the month, 22 properties went under contract in the Bethany-Fenwick area. This compares to 28 during the same month last year. As the chart

Real estate activity in Sea Colony has remained strong when compared to last year.   After a firm Spring market that was fueled by increased inventory and more buying options, we experienced a nice flurry of activity in June and July. During those 2 months, 15 properties went under contract in Sea
Colony (versus 10 during the same time last year).

As the chart illustrates, both the number of sales and sales volume in dollars are up year-to-date. Inventory has increased 156% when compared to the same time last year, creating more competition for sellers. Meanwhile, properties continue to sell quickly with 12 days as the median days-to-contract.

So far this year, our Sea Colony Specialists have participated in nearly 30% of property sales in Sea

While real estate activity in Bethany Beach was relatively flat this Spring when compared to last year, we experienced a nice flurry of activity in June and July. During those 2 months, 31 properties went under contract in Bethany Beach (versus 23 during the same time last year).

As the chart illustrates, sales are up year-to-date, while sales volume in dollars is flat. Inventory has doubled when compared to the same time last year, creating more competition for sellers. Meanwhile, properties continue to sell quickly with 8 days as the median days-to-contract.

So far this year, our group has participated in more than 30% of property sales in Bethany Beach. If we can offer you any real estate guidance, please give us a call.

Leslie Kopp     

This is the time of year when we calculate absorption rates in order to understand whether we are trending in the direction of a buyer’s or seller’s market at the beach. We compare the pace of sales over the previous 12 months to determine how many Months Supply of Inventory is for sale.

Generally, a balanced market would have 7 months of inventory while more would be a buyer’s market and less a seller’s market. Both Sea Colony East and West continue to stay well under a balanced market due to good buyer activity. While inventory is growing (especially on the East), it remains a seller’s market.

If you would like to discuss the market in more detail as a buyer or a seller, please call our Sea Colony Specialists.

Gail Phelan              

This is the time of year when we calculate absorption rates in order to understand whether we are trending in the direction of a buyer’s or seller’s market at the beach. We compare the pace of sales over the previous 12 months to determine how many Months Supply of Inventory is for sale.

Generally, a balanced market would have 7 months of inventory while more would be a buyer’s market and less a seller’s market. The market is clearly shifting as all areas moved in a favorable direction for buyers. We continue to stay in a seller’s market from North Bethany to South Bethany, but growing inventory in Fenwick Island has shifted that area into a buyer’s market.        

If you would like to discuss the market in more detail as a buyer or a seller,

Credit to: Coastal Point, Sam Sandler

A new pedestrian pathway was recently constructed in Bethany Beach along Collins Street, a portion of Kent Avenue and Wellington Parkway. While the project took approximately three months to be completed, many years of Bethany Beach Town Council discussions and subsequent planning were required to bring this new passageway for pedestrians and cyclists to life.

Bethany Beach Town Council Member Mickey Hinman is a strong advocate of the recently completed project, and he says this is just one of many steps he and other members of the town council hope will improve overall pedestrian safety in Bethany.

The recent improvements to the corridor allow cyclists and pedestrians to be separated from traffic, which

We are thrilled to announce that The Leslie Kopp Group is once again the Presenting Sponsor of the Annual Beach & Bay Cottage Tour, now in its 32nd year! This year's event offers the opportunity to experience the tour both in-person and virtually.

Photo courtesy of Beach & Bay Cottage Tour

By purchasing a Virtual Only ticket for $35, you can explore all 10 homes on the tour from the comfort of your own home. When you purchase an In-Person ticket $50, the Combo Ticket grants you access to visit 6 pre-selected homes in-person, as well as virtual access to every single home. Virtual tours will be available from Sunday, July 14th to Sunday, August 4th, while in-person tours will take place on Wednesday, July 24th & Thursday, July 25th.

Tickets are

Credit to: Bryan Scar

With Independence Day quickly approaching, there is no better time than now to make your plans for the Holiday week and weekend!  Whether you are in search of a classic display of fireworks or enjoying a live music performance, there are plenty of family-friendly activities in Bethany Beach and the surrounding areas for all to enjoy the celebratory weekend.  Check out the event schedules below ranging from Lewes to Berlin:

Credit to: Coastal Point, Faith Givens

Bethany Beach:

Delaware Today

On July 4, the Bethany Beach Parade begins at noon. No pre-registration is needed, however, if you would like to participate, go to Bethany Beach’s website for more information. 

The 1974 will be performing at the bandstand from

The summer season is upon us, and we have enjoyed seeing so many of you enjoying the area over the last few weeks! During the month of May, 5 units went under contract in Sea Colony. This compares to 3 units at the same time last year, and 7 units in May of 2022. There is some softening of values, particularly for condos on the East where we have seen a notable rise in inventory (16 properties for sale vs. 6 at this time in 2023). However, there are still plenty of buyers waiting for specific properties to be offered for sale, especially on the West where there are now 4 properties for sale vs. 5 at this time last year.

If you have any questions about the market or a specific property, please call our Sea Colony Experts:

Gail Phelan (302)

The summer season is upon us, and we have enjoyed seeing so many of you enjoying the area over the last few weeks! During the month of May, 20 properties went under contract in the Bethany-Fenwick area.  20 properties were also under contract at this time last year, and 21 in May of 2022. There is some softening of values, particularly in the single family home market. However, there are still plenty of buyers waiting for specific properties to be listed, especially those closest to the beach.

If you have any questions about the market in general or and specific property, please give us a call.

Leslie Kopp
(302) 541-5207        

Christi Arndt
(302) 245-5223