Slower Start, Inventory Limited in Bear Trap Dunes
Last month, we reported that the exceptionally wet and cold winter weather was not ideal for prospective buyers to visit the beach. A look back at the first quarter shows us that total sales in Bear Trap were off more than 50% when compared to a very strong start in 2018.
It is important to note that for quite some time, the number of properties actively for sale in Bear Trap has been well below the 10 year average of 46 listings (single family home and condo/townhomes combined). There are currently only 17 properties for sale – limited inventory continues to be a big factor!
We are proud to share that we worked with more buyers in Ocean View during the first quarter than any other agent or group. We are so fortunate to have Despina Kaneles (302) 236-2428 and Gail Phelan (302) 233-4909 as our
Bear Trap Specialists. If you are considering a sale or looking to buy, please give them a call.
Leslie Kopp & Christi Arndt