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The Leslie Kopp Group's

Beach Real Estate Blog

Found 41 blog entries for 2017.

Sea Colony East Sales Surge, Inventory Remains High

by Leslie Kopp

We are more than halfway through the year and sales activity in Sea Colony East continues to be exceptional. As the year-to-date chart illustrates, new contracts are up 32% when compared to January through July of 2016. Importantly, there has been a nice rebound in days to contract as properties are selling nearly two months […]

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Sea Coloyn West: Limited Inventory, Steady Sales

by Leslie Kopp

We are more than half way through the year and overall sales activity in Sea Colony West continues to be exceptional when compared to 2016. As the year-to-date chart illustrates, new contracts are up 28% when compared to January through July of last year. Importantly, however, limited inventory of properties in the $500,000 range and […]

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Sea Cololy HOA Quarterly Update

by Leslie Kopp

General Manager’s Quarterly Report Courtesy of Tom Olson August 12, 2017 We’re having a great summer! The beach is full, the fitness center bustling and tennis courts are packed. Our weekly bonfires, money hunts and the regular bingo nights are more popular than ever. To summarize: all recreational facilities have operated without interruption, our recreation, […]

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Leslie Kopp Group Ranked Top in the Nation

by Leslie Kopp

Long & Foster’s Leslie Kopp Group Ranked Top in Nation Bethany Beach-based team earns 159th spot on REAL Trends’ The Thousand list CHANTILLY, Va. – The Leslie Kopp Group of Long & Foster Real Estate, based in Bethany Beach, Delaware, ranked 159th among real estate teams nationwide based on sales volume in 2016 on REAL […]

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404 Widening Project Update

by Leslie Kopp

Courtesy of the Bethany-Fenwick Area Chamber of Commmerce WHATS HAPPENING ON 404?! Delays are expected as the 404 widening project continues throughout the summer. Progress can be a tricky thing – to go forward it is often necessary to forge new roads, which has certainly been the case in the process of creating a dual […]

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Inventory Shrinking at the Beach

by Leslie Kopp

Inventory levels at the beach are as low as we have experienced in many years. In the Bethany Beach and Fenwick Island area, the number of single-family homes and condo/townhomes currently for sale is down 30% and 18% respectively when compared to July of 2016. If you follow our blog, you might recall that this […]

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Delaware Real Estate Transfer Tax Rises 1%

by Leslie Kopp

Earlier this month, the Delaware General Assembly voted in favor of House Bill 279 which increased the Realty Transfer Tax by 1%. The increased tax will apply to contracts dated on or after August 1, 2017. The current total transfer tax is 3% and it is typically split equally between the buyer and seller at […]

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Beach Values on the Rise

by Leslie Kopp

For much of 2017, we have been communicating to you that the beach real estate market is strong. After many years of price stability, all indications tell us that values are now on the rise. Low inventory levels coupled with high buyer activity continues to put upward pressure on prices for much of the market. […]

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Sea Colony Road Restrictions

by Leslie Kopp

Courtesy of the Sea Colony Rec Association | June 27, 2017 Westway Drive Restriction In an effort to enhance the safety of our residents and guests, the traffic that uses Westway Drive between Kent Ave. and Coastal Highway in Sea Colony will be restricted to only those cars displaying Sea Colony parking passes. This change […]

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