Summer Buyer Activity Slower in Sea Colony

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                 Chris Housman 
(302) 233-4909            (302) 853-0192