September is our favorite time of the year to live at the beach. We hope you have a chance to be here to enjoy the cooler temperatures, light traffic, and warm ocean breezes! This is also a special month for me personally, as it marks 36 years since starting a career in real estate at the beach. I am extremely grateful to have earned the trust of so many of you over the years and together with Christi Arndt and the group, we will continue to offer the highest level of guidance and expertise in real estate well into the future!

After a slower July, the beach real estate market experienced a nice rise in August when compared to the last year. During the month, 17 properties went under contract in Bethany Beach. This compares to 14 during the same

While real estate activity in Bethany Beach was slower to start early in the year, we experienced a notable rise in activity in April, and sales have remained steady so far this summer. In June and July, 35 properties went under contract in Bethany Beach, compared to 31 during the same period last year.

As the chart illustrates, total sales in Bethany Beach are up 8% year-to-date. Single-family home sales are up 46%, while condo/townhome sales are down 17%. Inventory is somewhat lower compared to the same time last year, and properties are staying on the market longer, with 19 days as the median days-to-contract.  

So far this year, our group has participated in 30% of property sales in Bethany Beach. If we can provide you with any real estate

We are often asked if we are in a Buyer’s Market or a Seller’s Market at the beach and this is the time of year when we calculate absorption rates in order to answer that question and understand how the market is trending. We compare the pace of sales over the previous 12 months to determine how many Months Supply of Inventory is for sale.

Generally, a balanced market would have 7 months of inventory while more would be a Buyer’s Market and less a Seller’s Market. The continuation of very limited inventory for sale has kept us in a Seller’s Market from Fenwick Island to North Bethany.        

If you would like to discuss the market in more detail, we are here to help. Please give us a call.

Leslie Kopp                            Christi

Happy Spring! As we look back on the first 4 months of the year, sales remained firm in Bethany Beach when compared to 2024. However, with 49 properties currently for sale, inventory has grown by 36% in the last year. It is important to note that we are still far below pre-pandemic levels when it was common to have more than 150 properties available for sale in the Bethany Beach market.     

As the chart illustrates, sales activity is down 5% so far this year when compared to the first 4 months of 2024, and sales volume is up 4%. Properties are taking a little longer to sell with 12 days as the median days-to-contract vs. 8 days last year.

If we can offer you any real estate guidance as a buyer or seller in Bethany Beach, please give us a