Bethany-Fenwick Market Remains Firm for Sellers
Posted by Leslie Kopp & Christi Arndt on Friday, October 4th, 2024 at 9:06am
Last month, we reported that the beach real estate market slowed some in August. We are pleased to share that buyer activity picked up nicely in September ! During the month, 30 properties in the Bethany-Fenwick area went under contract. This is up 43% when compared to 21 sales during the same month last year.
A nice rise in newly available inventory, specifically for single family homes, was a leading factor that contributed to this flurry of activity. As the chart illustrates, through the first 3 quarters of the year, the market has remained firm for all property types at the beach. If you are exploring your options as a buyer or seller, we always welcome a conversation.
Leslie Kopp Christi Arndt
(302) 541-5207 (302) 245-5223
This month, we will be hosting the Wags, Witches and Warlocks Halloween parade in downtown Bethany Beach. We hope to see you and your pups on Saturday, Oct 26th at 10am, check the QR code for more details!
*Data was derived from the Sussex County MLS. Includes properties sold in Bethany Beach, North Bethany, South Bethany & Fenwick Island. May not reflect all activity in the marketplace.
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