Q3 Strong as South Bethany Sales Remain Firm
After a slower start to the year, the real estate market at the beach picked up nicely in the second quarter of 2019 and activity continued to be very strong through the 3rd quarter. In fact, 12 properties went under contract in South Bethany vs. 10 during the 3rd quarter of 2018.
As the chart illustrates, key market statistics through September are trending in a positive direction. Inventory remains low when compared to recent years and $1 Million+ sales are up in the area.
Leslie Kopp & Christi Arndt