Market Conditions Remained Strong for Ocean View Sellers in Q1

During the first quarter of the year, we continued to experience a strong market for sellers. As the chart illustrates, the number of properties sold in Ocean View was down 14% when compared to the 1st quarter of last year while sales volume increased 5%. Properties continued to go under contract very quickly as inventory was down 12% year-over-year and 76% compared to 2020!

 As always, if we can offer you any real estate guidance during this time, we are here to help!  Please give us a call: 302-541-5207.