Low Inventory Continues to Keep Fenwick Island Market Firm

Posted by Leslie Kopp & Christi Arndt on Tuesday, August 15th, 2023 at 3:21pm

 

It is hard to believe that Labor Day weekend is right around the corner, we hope you are having a wonderful summer! While total real estate sales are down 52% year-to-date in Fenwick Island, the market remains very strong.

It has been more than a year since the “buyer frenzy” we experienced in 2020 through early 2022, but it remains a strong time to be a seller with minimal competition. So far this year, our group has participated in 35% of property sales in the Bethany-Fenwick area.

If we can offer you any real estate guidance, please give us a call.

Leslie Kopp                                Christi Arndt   
(302) 542-3917                         (302) 245-5223         

Data was derived from the Sussex County MLS. Includes Single Family and Condo/Townhome properties in Fenwick Island. May not reflect all market activity .

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