Delaware Beach Real Estate Blog - Ocean View & Bear Trap Dunes Real Estate Blog

Ocean View Values Surge in 2021, Inventory Shortages

Happy New Year, we hope you and your family had a safe and healthy holiday season!

As we look back on 2021, you might recall that we predicted another strong year following a record shattering 2020. This proved to be true! The continuation of shrinking inventory and strong demand created a competitive market for buyers like we have never experienced. These conditions sent real estate values surging in 2021 and it remains an incredible time to be a seller! In fact, buyer demand remains high and there are currently only 39 properties for sale in Ocean View versus 31 at this time last year and 145 at the close of 2019!

Properties listed with our group in the Ocean View-Bethany area in 2021 sold faster and our sellers realized a higher sale-to-list…

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Happy Holidays from The Leslie Kopp Group!

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Beach Homes Sold Just in Time for the Holidays!

It has been a busy week!  These beautiful beach homes settled just in time for the holidays and we are grateful to have worked with these buyers and/or sellers. 

If you are considering a sale or looking to purchase, please give us a call.

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The Leslie Kopp Group hosted the Wags, Witches & Warlocks Halloween Festival

Our group hosted The Wags, Witches and Warlocks Halloween Festival in Bethany Beach on Saturday, October 30, 2021.  Families and pets participated in a day of fun which has raised more than $15,000 so far this year for the Brandywine Valley SPCA!   Funds raised will go towards a new state-of-the-art campus and ICU hospital for pets in Delaware.

Take a look at a few photos below to see highlights of this year's event. It is always a very special day and we are extremely grateful to our event sponsors and to the town businesses that support the festival.  We hope that you will join us next year! 

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Ocean View Values Continue to Rise in 2021

For 18 months, we have shared with you that the real estate market has been exceptional and as the graph illustrates, both single family homes and condo/townhome properties continue to appreciate significantly in value! We expect the continuation of high buyer demand and extremely low inventory which will keep upward pressure on prices well into 2022. If you are considering a purchase or sale, please strategize with us at (302) 541-5207 to ensure the very best results in this market!  

During this time of Thanksgiving, we are grateful to you for your continued trust and wish you and your loved ones a safe, healthy and joyful holiday!

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Bear Trap Dunes Values Continue to Rise in 2021

For 18 months, we have shared with you that the real estate market has been exceptional and as the graph illustrates, Bear Trap and Ocean View properties continue to appreciate significantly in value! We expect the continuation of high buyer demand and extremely low inventory which will keep upward pressure on prices well into 2022. If you are considering a purchase or sale, please strategize with Gail Phelan (302) 233-4909 to ensure the very best results in this market! 

During this time of Thanksgiving, we are grateful to you for your continued trust and wish you and your loved ones a safe, healthy and joyful holiday!

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Exceptional Market Continues through 3rd Quarter in Bear Trap

As we reflect on the first three quarters of 2021, the momentum that started in 2020 with a surge in buyer demand carried well into 2021 and the outlook continues to be very strong for Bear Trap owners!    

In a typical year, we would expect some slow down as we head into the “off-season”, but there is nothing typical about this market. In fact, properties continue to go under contract very quickly (6 days median days-to-contract) and multiple offers continue to be the norm.  As of October 1, there were just 2 single family and condo/townhomes for sale in Bear Trap versus 2 at this time last year and 19 in 2019!

 As we have stated many times over the past year, it is hard to predict how long this market will last.   Please call our Bear Trap…

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Exceptional Market Continues through 3rd Quarter in Ocean View

As we reflect on the first three quarters of 2021, the momentum that started in 2020 with a surge in buyer demand carried well into 2021 and the outlook continues to be very strong for property owners!    

In a typical year, we would expect some slow down as we head into the “off-season”, but there is nothing typical about this market. In fact, September sales outpaced August as 52 properties went under contract in Sept. versus 37 in August. Properties continue to sell very quickly (many within just a couple of days) and multiple offers continue to be the norm.  As of October 1, there were just 43 single family and condo/townhomes for sale in Ocean View versus 69 at this time last year and 183 in 2019!

 As we have stated many times over the past…

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Wags, Witches & Warlocks Halloween Parade Set for Saturday, October 30th

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INVENTORY SHORTAGES CONTINUE IN BEAR TRAP DUNES

For more than a year now, we have shared with you that the beach real estate market has been extremely strong for sellers with limited inventory leading to rising prices.

This trend has continued and as of August 1, there were 2 properties for sale in Bear Trap versus 1 last year at this time and 12 in 2019. There continues to be pent up buyer demand as inventory cannot keep pace and many properties are selling within just a few short days!  

As we look toward the fall and winter months, we anticipate a rise in new listings and there is no way to predict how long these conditions will last.  Please give our Bear Trap expert Gail Phelan a call if we can offer you any guidance: (302) 233-4909.

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