So far in 2021, the market has proven to be extremely competitive for Buyers as inventory remains deficient and demand is extremely high.  Prices are rising sharply and multiple offers are the norm. There has never been a better time to be a Seller!  

In recent months, sale prices have reached levels that match and in some cases exceed values of comparable sales during the 2005/2006 boom.  The median sale price of properties sold to-date in 2021 is up 32% over 2019 for the Bethany-Fenwick market as a whole.  Prices to-date are up 82% in South Bethany compared to 2019.  This is inflated due to a few high dollar sales early in the year, but the trend is none-the-less very impressive.  It is hard to predict how long this market will last, but we do

Happy New Year!  We hope you and your family had a safe and healthy holiday season. As we look back on an incredible year for beach real estate, you might recall that 2020 started strong in early months and slowed with the onset of COVID-19 in March and April.  The market came back in May and the positive momentum carried through the year.

Importantly, there has been a sharp decline in available inventory which is down a significant 64%, year-over-year! There are currently 4 properties for sale in South Bethany versus 11 at this time last year.

We feel very fortunate to have participated in 41% of sales in South Bethany during 2020, representing the buyer, seller or both parties.  We are extremely grateful for your continued loyalty and wish you