Delaware Beach Real Estate Blog - beartrapdunes

Strong Start To 2025 & Rising Inventory In Bear Trap

Posted by Leslie Kopp on March 11th, 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, Bear Trap had a strong start to the year for real estate activity. Through the first two months of 2025, 7 properties went under contract in this community compared to 4 last year and sales volume in dollars (based on list price) doubled. Properties sold much more quickly and the
average sale price was up. There has been a notable increase in available inventory, specifically condo/townhome property types in Bear Trap.

As always, if we can help you with your real estate goals or needs, please reach out our Bear Trap Expert:

Gail Phelan (302) 233-4909

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Spring Market Strong for Bear Trap, Inventory Rising in Ocean View

Posted by Leslie Kopp on May 10th, 2024

Happy Spring! Last month, we shared with you that after many years of deficient inventory, we were starting to see properties coming on the market more frequently. While inventory in Bear Trap is stable, as we start the month of May, there are 83 properties for sale in Ocean View. This is up 20% when compared to the same time last year.

In the community of Bear Trap, the real estate market remains strong. As the chart illustrates, sales activity through April matched 2023 with 12 properties going under contract so far this year. Sales volume is up 8% and the median sale price is up 37% year-over-year. Properties are selling more quickly with 12 days as the median days-to-contract so far this year vs. 39 days last year.   

As always, if we can…

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