Happy New Year! As we reflect on 2025, real estate sales in Sea Colony were slower compared to 2024. Early in the year, we experienced some buyer hesitation amid political uncertainty, but sales picked up during the 2nd and 3rd quarters of the year before slowing again in the 4th quarter.

Looking ahead, we are optimistic about the beach markets in the year to come! In 2025, we were fortunate to participate in 35% of sales in Sea Colony, representing the buyer, seller or both parties. Properties listed with our group went under contract faster on average (50 days vs. 77) and our sellers achieved an average sale-to-list price of 96%. We are grateful for your continued confidence and trust, and we wish you good health and much happiness in 2026!

It

Last month, we shared that real estate sales had been strong through the first 3 quarters of the year in Sea Colony. Momentum slowed in October, with 4 properties going under contract compared to 10 in October of 2024. The median sale price for East properties has risen for the 9th consecutive year. Meanwhile, after 8 years of increasing values on the West, the median sale price has dipped 3% year over year. If you are considering buying or selling, we are here to help you navigate the market. Please reach out to our Sea Colony experts, Gail Phelan and Chris Housman.

Wishing you a Thanksgiving filled with warmth, joy, and the people who make it truly special.   During this season of gratitude, we are especially thankful that so many of you look to

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 

Last month, we reported that the Sea Colony real estate market had experienced a nice rise in activity during August. This momentum continued into September.  During the month, 10 properties went under contract. This compares to 6 sales in September of last year.

Through the first 3 quarters of the year, the market has been firm in Sea Colony. As the chart illustrates, total sales are down, but this is due to low inventory (especially on the West), not weakened buyer demand.   While properties are taking longer to go under contract, appropriately priced properties for both the East and West are still selling very quickly.

If you are exploring your options as a buyer or seller, we always welcome a conversation. Please call our Sea Colony

September is our favorite time of the year to live at the beach. We hope you have a chance to be here to enjoy the cooler temperatures, light traffic, and warm ocean breezes! This is also a special month for me personally, as it marks 36 years since starting a career in real estate at the beach. I am extremely grateful to have earned the trust of so many of you over the years and together with Christi Arndt, Gail Phelan, Chris Housman, and the group, we will continue to offer the highest level of guidance and expertise in real estate well into the future!

After a slower July, the beach real estate market experienced a nice rise in August when compared to the last year. During the month, 9 properties went under contract in Sea Colony. This compares

Credit to: Coastal Point | Kerin Magill

Photo courtesy of: Lighthousefriends.com

A gathering to honor a family long associated with the Fenwick Island Lighthouse last week turned into a celebration of a major announcement: that the original keeper’s house, long privately owned, has been purchased by the state of Delaware.

The sale was announced Friday, Aug. 1, during the dedication of a plaque in the second keeper’s house associated with the historic lighthouse to its former caretakers, Oliver and Rachel Cropper.

Suzanne Savery, director of the state’s Division of Historical and Cultural Affairs, said the house, built in 1868, as well as some surrounding property, was sold to the state for $3.9 million. The house has long been owned by members

While real estate activity in Bear Trap was relatively flat early in the year, we experienced a notable increase in activity during May that carried through June and July. During the last 3 months, 7 properties went under contract in Bear Trap, compared to 4 during the same period last year.

As the chart illustrates, both the number of sales and sales volume in dollars are up year-to-date. Inventory has increased by a significant 350% compared to the same time last year, creating more competition for sellers. Meanwhile, most properties continue to sell quickly, with 12 days as the median days-to-contract.

If we can offer you any real estate guidance as a buyer or a seller, please call our Bear Trap Expert.

Gail Phelan
302-233-4909

Early in the year, we communicated that real estate activity in Sea Colony was not keeping pace with a very strong 2024. This trend has continued into the summer season. In June and July, 11 properties went under contract in Sea Colony, compared to 15 during the same period last year.

As the chart illustrates, both the number of sales and the sales volume in dollars are down considerably year-to-date. Inventory is relatively flat, while properties are staying on the market much longer, with 43 days as the median days-to-contract.

Our Sea Colony Specialists have participated in more than 30% of property sales in Sea Colony this year. If we can offer you real estate guidance as a buyer or a seller, please give us a call:

Gail Phelan             

We are often asked if we are in a Buyer’s Market or a Seller’s Market in Sea Colony and this is the time of year when we calculate absorption rates in order to answer that question and understand how the market is trending. We compare the pace of sales over the previous 12 months to determine how many Months Supply of Inventory is for sale.

Generally, a balanced market would have 7 months of inventory while more would be a Buyer’s market and less a Seller’s market. While Sea Colony West continues to stay in a strong Seller’s Market, inventory is growing on the East and we are trending towards a Buyer’s Market.

If you would like to discuss the market in more detail, we are here to help. Please call our Sea Colony Specialists: 

Gail Phelan     

The summer season is well underway, and we’ve enjoyed seeing so many homeowners and vacationers return to the area over the past few weeks!

May was a good month for real estate sales, with 8 properties going under contract in Sea Colony—up from 5 in May of 2024. As the chart illustrates, year-to-date, both the number of properties under contract and total sales volume are down considerably. For well over a year now, we’ve been noting an upward trend in inventory, but we are starting to feel some stabilization. So far this year, properties are taking about two weeks longer to go under contract compared to the same time last year.

With the busy summer season now upon us, it is a great time to look at property for sale in Sea Colony as a buyer and