Summer Buyer Activity Strong in Bayside

While real estate activity in Bayside was relatively flat early in the year, we experienced a notable increase in activity during June and July.  During those summer months, 19 properties went under contract in Bayside, compared to 10 during the same period last year.

As the chart illustrates, both the number of sales and sales volume in dollars are up year-to-date.  Inventory has increased 11% compared to the same time last year, creating more competition for sellers.  Meanwhile, most properties continue to take about a month to go under contract.

If we can offer you any real estate guidance as a buyer or seller, please call our Bayside Experts.

Wayne Lyons               Kiki Hargrove 
(302) 858-7347           (302) 569-2959