Happy New Year! We hope you and your family had a safe and healthy holiday season. As we look back on an incredible year for beach real estate, you might recall that 2020 started strong in early months and slowed with the onset of COVID-19 in March and April. The market came back in May and the positive momentum carried through the year.
Importantly, there has been a sharp decline in available inventory which is down a significant 74%, year-over-year! There are currently 5 properties for sale in North Bethany versus 19 at this time last year.
We feel very fortunate to have participated in 52% of sales in 2020 in North Bethany, representing the buyer, seller or both parties. We are extremely grateful for your continued loyalty and wish you and yours a happy, healthy, and prosperous 2021!