Last month, we shared our prediction that the Fall real estate market would be like never before, following a record-breaking summer season. This statement has proven to be true.
In the Bethany-Fenwick area, September sales more than doubled when compared to the same month last year as 82 properties were put under contract. This was the single highest amount of sales in any month on record for our MLS (which goes back to 2005). Importantly, there has been no slow down as we are well into October and as the chart illustrates, this trend has continued.
As we have stated in the past, it is hard to predict how long this will last, but it remains an opportune time to list or sell your property!
Data was derived from the Sussex County MLS. Includes single family and condo/townhomes in zip codes 19944 and 19930. May not reflect all activity in the marketplace.