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Found 86 entries about Ocean View & Bear Trap Dunes Real Estate Blog.

2024 Bear Trap Dunes Real Estate Market Recap
*Data was derived from the Sussex County MLS. Includes properties sold in Ocean View. May not reflect all activity in the marketplace.

Happy New Year!  As we reflect on 2024, you might recall that throughout most of the year, real estate sales in Bear Trap and Ocean View were comparable to 2023. Limited inventory kept values high, even as interest rates increased heading into the Summer season, and sales remained steady from January through October. Buyer activity slowed considerably in November and December, as anticipated, with the election and Holiday Season. 

We are optimistic and enthusiastic about the market in the year head!  If you are considering a purchase or sale of Bear Trap real estate, it is never too early to have a conversation or to

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2024 Ocean View Real Estate Market Recap
*Data was derived from the Sussex County MLS. Includes properties sold in Ocean View.   May not reflect all activity in the marketplace.

Happy New Year!  As we reflect on 2024, you might recall that throughout most of the year, real estate sales in Ocean View were comparable to 2023. Limited inventory kept values high, even as interest rates increased heading into the Summer season and sales remained steady from January through September. Buyer activity slowed considerably in the Fall, as anticipated, with the election and Holiday Season. 

We are optimistic and enthusiastic about the market in the year ahead! If you are considering a purchase or sale of Ocean View real estate, it is never too early to have a conversation or to begin preparations. We

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Credit to: Construction Dive, Emma Penrod

  • The Department of the Interior on Tuesday approved the construction and operations plan, or COP, for the 2-GW Maryland Offshore Wind Project, clinching the final federal permit developer US Wind needs from the department to begin construction.

  • The permit clears the way for the construction of more than a hundred wind turbines off the shore of Maryland and Delaware, and will help build the U.S. offshore wind supply chain, according to the Oceantic Network, a trade association that represents the offshore wind industry.

  • The Department of the Interior’s Bureau of Ocean Energy Management this week also issued a Record of Decision finalizing a list of environmental measures expected to

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Credit to: Sussex County

Sussex County Delaware has completed a revaluation of all real property in anticipation of the 2025 Tax Roll and property owners have been receiving notices in the mail which contain their new property assessments. Your new tentative assessment is based on 100% of the current assessed value of your property, as of July 1, 2023.

THE NOTICE IS NOT A TAX BILL. The Tax Rate will change; therefore, DO NOT multiply your new tentative assessed value by the current tax rate. The new tax rate will be determined by the County, Municipality & School District for the 2025 tax bill.

The 2025 assessments have been developed using recent valid market sales and economic data. The previous assessment was NOT a factor in determining the

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Last month, we shared with you that real estate sales had been strong through the first 3 quarters of the year for Ocean View. After a tremendous September, the momentum slowed in October as 25 properties in Ocean View went under contract last month. This is down 17% compared to 30 sales in October of 2023. As the graph illustrates, the median sale price for condo/townhome properties in Ocean View have risen in 2024 while single family values have held firm.  During this time of Thanksgiving, we are grateful that so many of you look to our group for real estate guidance and expertise.  We wish you all a healthy and very joyful holiday!

If you are considering a purchase or a sale, it is never too early to have a conversation. Please give us a call:

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Last month, we shared with you that real estate sales had been strong through the first 3 quarters of the year for Bear Trap Dunes and Ocean View. This momentum slowed in October as 25 properties in Ocean View went under contract last month. This is down 17% compared to 30 sales in October of 2023 and there were no new sales in Bear Trap in October versus one last year. As the graph illustrates, the median sale price for properties in Bear Trap and Ocean View as a whole have risen in 2024.  During this time of Thanksgiving, we are grateful that so many of you look to our group for real estate guidance and expertise.   We wish you all a healthy and very joyful holiday!

If you are considering a purchase or a sale, it is never too early to have a

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Credit to: Coastal Point, Kerin Magill

Costumes, candy and yoga with puppies? Yes, please.

Wags, Witches & Warlocks is Bethany Beach’s Halloween event, but it means so much more for a local organization. The Bethany Beach Halloween event has been a successful fundraiser for the Brandywine SPCA for more than a decade, according to organizers. This year, Wags, Witches & Warlocks takes place on Saturday, Oct. 26, with registration beginning at 9 a.m. Since 2018, the event has been organized and sponsored by the Leslie Kopp Group, a Bethany Beach real estate business. Shannon McDowell, marketing and brand manager for the business, said this week that the office is full of animal lovers, so the decision on the Halloween event was an easy one. “We all

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Credit to: WBOC, Tiffani Amber

As Hurricane Milton barrels through the South, the Brandywine Valley SPCA (BVSPCA) is getting ready to lend a helping paw to dogs and cats from the hurricane-affected areas. The organization is trying to make space in their already overcrowded shelters to welcome these furry evacuees, expecting many new furry friends in the coming days.

Once these dogs and cats reach safety, they will be distributed among the six BVSPCA locations across multiple states.

Timarah Hammeck, a staff member at the BVSPCA Dover Campus, stated that this is the least they can do to support animals during this critical time. "We are in the process of taking dogs out of Florida and surrounding states that are being impacted by the

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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 Bear Trap and 52 properties went under contract in Ocean View as a whole. This is up 79% in Ocean View when compared to 29 sales during the same month last year and up 25% year-over-year for Bear Trap.

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

Please call our Bear

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Last month, we reported that the Ocean View real estate market slowed some in August. We are pleased to share that buyer activity picked up nicely in September ! During the month, 52 properties went under contract. This is up 79% when compared to 29 sales during the same month last year.

A nice rise in newly available inventory, was a leading factor that contributed to this flurry of activity. As the chart illustrates, through the first 3 quarters of the year, the market has remained firm. If you are exploring your options as a buyer or seller, we always welcome a conversation.

Please give us a call (302) 541-5207

This month, we will be hosting the Wags, Witches and Warlocks Halloween parade in downtown Bethany Beach. We hope to see you and

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