Delaware Beach Real Estate Blog - baysidemarketupdate

Slower Spring Real Estate Market in Bayside, Rising Inventory

Posted by Leslie Kopp on May 26th, 2025

Happy Spring! As we look back on the first 4 months of the year, real estate sales in Bayside were much slower when compared to 2024.

As the chart illustrates, the number of properties sold in Bayside through April was down 48% and sales volume was down 42%. The median sale price was down 8% when compared to the same time period last year. Some good news is that most properties that sold went under contract in less than one week as 6 was the median days to contract. Inventory has risen 183% in Bayside with 34 properties for sale.   It is important to note that we are still far below pre-pandemic levels when it was common to have more than 40 properties available for sale in Bayside, plus new construction opportunities.

If we can offer you any…

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Bayside Active Inventory & Median Sale Price

Posted by Leslie Kopp on April 29th, 2025

*Data was derived from the Sussex County MLS. Includes resale properties sold in Bayside. May not reflect all activity in the marketplace.

During the first quarter of 2025, the Bayside real estate market was a little softer when compared to 2024. Total sales were down 13% (20 vs 23) during the first quarter. Inventory is growing and properties took 40 days, on average, to go under contract vs 62 days in 2024. The graph illustrates historic inventory levels of resale properties available for purchase on April 1 each year and the median sale price of properties sold in the first quarter. We feel the market shifting, but real estate remains a solid long term investment. Please give us a call if you are a potential buyer or seller and would like to discuss…

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First Starm to 2025 & Rising Inventory for Bayside

Posted by Leslie Kopp on March 20th, 2025

March has arrived and after a winter with multiple snow storms in a few short months, we are grateful for warmer, light-filled days ahead!

As the chart illustrates, Bayside had a slightly slower start to the year for real estate activity. Through the first two months of 2025, 9 properties went under contract, which is down 10% compared to last year and sales volume in dollars (based on list price) down 11%. Properties sold more quickly and the average sale price was down 7%.   There has been a notable increase in available inventory, which is something we will continue to monitor.

As always, if we can help you with your real estate goals or needs, please call our Bayside homeowners and experts:

Kiki Hargrove                    Wayne Lyons
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