The summer season is well underway, and we’ve enjoyed seeing so many homeowners and vacationers return to the area over the past few weeks!
May was a strong month for real estate sales, with 31 properties going under contract in the Bethany-Fenwick area—up from 18 in May of 2024.As the chart illustrates, year-to-date, both the number of properties under contract and total sales volume are up 10%. For well over a year now, we’ve been noting an upward trend in inventory, and that continues. So far this year, properties are taking about a week longer to go under contract compared to the same time last year.
With the busy summer season upon us, it is a great time to look at homes as a buyer and a great time to list if you are thinking of selling. If we can provide you with any real estate guidance, please give us a call.
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