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 continues to be high and there are currently only 9 properties for sale in Fenwick Island versus 19 at this time last year and 35 at the close of 2019!
*Data was derived from the Sussex County MLS. Includes properties sold in Fenwick Island, South Bethany, Bethany Beach & North Bethany. May not reflect all activity in the marketplace.