Strong Market in Fenwick Island Heading into Summer

Happy Spring! As we look back on the first 4 months of the year, there was some slowing in sales in Fenwick when compared to 2022. The good news is that there is currently a high level of activity ahead of the upcoming summer season.

As the chart illustrates, there are currently just 2 properties for sale in Fenwick when compared to 7 last year. Prior to the pandemic, it was common to have more than 40 properties available for sale in Fenwick Island.  During the month of April, we listed a number of properties in the Bethany-Fenwick area that went under contract within just a few short days and the majority of these listing had multiple offers.

As always, if we can offer you any real estate guidance, please give us a call.   

*Data was derived from the Sussex County MLS. Includes properties in Fenwick Island. May not reflect all activity in the marketplace.