North Bethany Values Surge in 2021, Inventory Shortages

Posted by Leslie Kopp & Christi Arndt on Monday, January 3rd, 2022 at 11:02am

As we look back on 2021, you might recall that we predicted another strong year following a record shattering 2020. This proved to be true! The continuation of shrinking inventory and strong demand created a competitive market for buyers like we have never experienced. These conditions sent real estate values surging in 2021 and it remains an incredible time to be a seller! In fact, buyer demand continues to be high and there is only 1 property for sale in North Bethany versus 5 at this time last year and 19 at the close of 2019!

In 2021, we were fortunate to participate in 45% of sales in North Bethany, representing the buyer, seller or both parties. Properties listed with our group sold faster (15 average days-to-contract vs. 46) and our sellers realized a higher sale-to-list price when compared to the rest of the market. We are confident that we have the experience, expertise and marketing resources to achieve the very best results for our clients . If you are considering a sale or looking to purchase, please give us a call.

We wish you a happy, healthy, and prosperous 2022!


*Data was derived from the Sussex County MLS. Includes properties sold in North Bethany. May not reflect all activity in the marketplace.


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