Low Inventory Continues to Keep Ocean View Market Firm

Posted by Leslie Kopp & Christi Arndt on Thursday, August 17th, 2023 at 3:34pm

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 14% year-to-date in Ocean View, 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.

As always, if we can offer you any real estate guidance during this time, please give us a call:

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

Leave A Comment

Format example: yourwebsitename.com