For more than a year now, we have shared with you that the beach real estate market has been extremely strong for sellers with limited inventory leading to rising prices.
This trend has continued and as of August 1, there were 45 properties for sale in Ocean View versus 97 one year ago and 185 in 2019. There continues to be pent up buyer demand as inventory cannot keep pace and many properties are selling within just a few short days!
As we look toward the fall and winter months, we anticipate a rise in new listings and there is no way to predict how long these conditions will last. If you are considering a sale or looking to purchase, please give us a call.