Inventory on the Rise, Spring Market Firm in South Bethany

Happy Spring! As we look back on the first 4 months of the year, the real estate market in South Bethany was slower when compared to 2024. As the chart illustrates, sales activity was down 30% when compared to the first 4 months of 2024 and sales volume was down 29%. Properties continued to sell very quickly with 8 days as the median days-to-contract, and inventory remains extremely low in South Bethany with just 4 properties for sale.

Meanwhile, inventory has grown by nearly 50% in the greater Bethany-Fenwick market when compared to last year (84 listings vs.57). It is important to note that we are still far below pre-pandemic levels when it was common to have more than 200 properties available for sale in the Bethany-Fenwick area, and about 20 in South Bethany. 

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