*Data was derived from the Sussex County MLS and tax records. Includes properties in Bear Trap Dunes. May not reflect all activity in the marketplace.

The Bear Trap Dunes real estate market has gotten off to a slower start this year as we battled two significant snow events and temperatures below freezing for much of January and February. As the chart illustrates, through the first two months of 2026, 3 properties went under contract in your community compared to 7 last year.

Both the number of sales and sales volume in dollars (based on list price) were down57% through the first two months.With the continuation of historically low inventory and pent-up buyer demand, we are confident that the market remains fundamentally strong for Bear Trap

*Data was derived from the Sussex County MLS and tax records. Includes properties in Ocean View. May not reflect all activity in the marketplace.

The real estate market has started at a slower pace this year as we battled 2 significant snow events and temperatures below freezing for much of January and February.With pent-up demand and historically low inventory, we are confident the market remains fundamentally strong for homeowners and expect buyer activity to increase as we head into Spring.

As the chart illustrates, through the first two months of 2026, 47 properties went under contract, an 8% decrease compared to last year, and sales volume (based on list price) down 10%.Despite the slower pace of new contracts, the market continued to move

*Data was derived from the Sussex County MLS and tax records. Includes properties in Ocean View and Bear Trap. May not reflect all activity in the marketplace.

During the first month of the year, we experienced the longest stretch of freezing temperatures that we can remember in quite some time, so it is no surprise that sales were slower in Bear Trap Dunes when compared to January of last year. During the month,2 properties went under contract in your community Bear Trap and 20 in total for the town of Ocean View.This compares to 6 sales in Bear Trap and 25 in Ocean View during January of last year.

The good news for property owners is that we are confident buyer demand will return as the temperatures start to rise and summer is top of mind.

*Data was derived from the Sussex County MLS and tax records. Includes properties in Ocean View. May not reflect all activity in the marketplace.

During the first month of the year, we experienced the longest stretch of freezing temperatures that we can remember in quite some time, so it is no surprise that sales were slower when compared to January of last year. During the month,20 properties went under contract in Ocean View.This compares to 26 sales in January of 2025 and 25 in 2024.

The good news for property owners is that we are confident buyer demand will return as the temperatures start to rise and summer is top of mind. As the chart illustrates, both Ocean View and Bethany Beach remain in a strong seller’s market. In fact, we believe this

Happy New Year!  As we reflect on 2025, you might recall that throughout most of the year, real estate sales in Bear Trap held firm. Limited inventory kept values high, even as there was some buyer hesitation early in the year amid political uncertainty.

In 2025, properties in Bear Trap that were listed with our group went under contract significantly faster, on average (4 days vs. 38) and our and our sellers achieved an average sale-to-list price of 98%. We are grateful for your continued confidence and trust, and we wish you good health and much happiness in 2026!

Looking ahead, we are optimistic about the beach markets in the year to come! It is never too early to have a conversation or to begin preparing for a purchase or a sale of real

Happy New Year! As we reflect on 2025, real estate sales in Ocean View were very steady compared to 2024. Early in the year, we experienced some buyer hesitation amid political uncertainty, but sales picked up substantially during the 2nd and 3rd quarters of the year and stayed firm in the 4th quarter.

In 2025, properties in Ocean View that were listed with our group went under contract significantly faster, on average (11 days vs. 54) and our sellers achieved an average sale-to-list price of 99%. We are grateful for your continued confidence and trust, and we wish you good health and much happiness in 2026!

Looking ahead, we are optimistic about the beach markets in the year to come! It is never too early to have a conversation or to begin

Last month, we shared with you that real estate sales had been firm through the first 3 quarters of the year for Bear Trap Dunes and Ocean View. This momentum slowed in October as 23 properties in Ocean View went under contract, compared to 17 sales in October of 2024.

There were no new sales in Bear Trap in October, which is consistent with last year. The median sale price for properties in Bear Trap rose 11% while properties in Ocean View as a whole have dipped 4%.   If you are considering buying or selling, we are here to help you navigate the market. Please reach out to our Bear Trap expert, Gail Phelan.  

Wishing you a Thanksgiving filled with warmth, joy, and the people who make it truly special.   During this season of gratitude, we are

Last month, we reported that the Bear Trap real estate market was firm with 4 sales in August. We are pleased to share that buyer activity picked up nicely in September! During the month, 5 properties sold in your community, this compares to 4 sales in September of last year.  

As the chart illustrates, through the first 3 quarters of the year, the market has remained firm in Bear Trap. While it is taking just a few days longer for properties to sell, the median sale price has risen for all property types. If you are exploring your options as a buyer or seller, we always welcome a conversation.

Please call our Bear Trap Expert: Gail Phelan (302) 233-4909

Last month, we reported that the Ocean View real estate market was active in August. Unfortunately, this momentum did not continue into September. During the month, 31 properties went under contract. This is down 34% when compared to 47 sales in September of last year.

As the chart illustrates, through the first 3 quarters of the year, the market as a

whole has remained firm in Ocean View. However, it is important to watch inventory as there are nearly 30% more properties on the market today when compared to last year.  

If you are exploring your options as a buyer or seller, we always welcome a conversation, please give us a call.
(302) 541-5207