Strengthening Market with Surge in July Sales in Sea Colony West
The Bethany-Fenwick market experienced a significant upswing in buyer activity in July! Click here to view our blog post with an update on the market as a whole.
The Sea Colony market continues to be firm and sales were mixed during the month of July as 5 properties went under contract in Sea Colony West for July, down from 8 last year while 6 properties sold on the East which is up over 4 during July of 2018.
The chart provided includes year-to-date market data for Sea Colony West. Sales are soft compared to a strong 2018, however, conditions continue to be favorable for property owners. Inventory is down 57% over 2018 while buyer demand is firm. If you are thinking about a future sale, now is the time to begin strategizing. Please call our Sea Colony experts:
Gail Phelan 302-233-4909 and Despina Kaneles 302-236-2428.
Leslie Kopp & Christi Arndt