So far in 2021, the market has proven to be extremely competitive for Buyers as inventory remains deficient and demand is extremely high. Prices are rising sharply and multiple offers are the norm.
In recent months, sale prices have reached levels that match and in some cases exceed values of comparable sales during the 2005/2006 boom. The median sale price of properties sold to-date in 2021 is up 19% over 2017 for Sea Colony East and 56% for Sea Colony West. There are currently just 4 properties for sale on the East and zero on the West. It is hard to predict how long this market will last, but we do know that Spring is upon us and NOW is an opportune time! Please call our Sea Colony Experts: Gail Phelan 302-233-4909 or Despina Kaneles 302-236-2428.