INVENTORY SHORTAGES CONTINUE IN SEA COLONY

Posted by Leslie Kopp & Christi Arndt on Tuesday, August 10th, 2021 at 11:26am

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 6 properties for sale in Sea Colony versus 8 one year ago and 51 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 call our Sea Colony Experts: Gail Phelan 302-233-4909 or Despina Kaneles 302-236-2428.

 

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