Inventory on the Rise, Spring Market Firm in Bethany Beach

Happy Spring! As we look back on the first 4 months of the year, sales remained firm in Bethany Beach when compared to 2024. However, with 49 properties currently for sale, inventory has grown by 36% in the last year. It is important to note that we are still far below pre-pandemic levels when it was common to have more than 150 properties available for sale in the Bethany Beach market.     

As the chart illustrates, sales activity is down 5% so far this year when compared to the first 4 months of 2024, and sales volume is up 4%. Properties are taking a little longer to sell with 12 days as the median days-to-contract vs. 8 days last year.

If we can offer you any real estate guidance as a buyer or seller in Bethany Beach, please give us a call: (302) 541-5207