Delaware Beach Real Estate Blog - northbethanymarketupdate

Slower Spring Real Estate Market in North Bethany

Posted by Leslie Kopp on May 6th, 2026

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

Happy Spring! Looking at the first four months of the year, the North Bethany real estate market has shown a significant slowdown compared to 2025—but there are important trends for property owners and buyers to keep in mind.

While sales volume is down, homes that are priced and positioned well are selling quickly—averaging just 9 days to contract, compared to 45 days last year. With inventory remaining limited, serious buyers are still active, but they are more selective than in recent years.

This makes preparation, pricing, and timing more important than ever. With the busy summer…

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August Sales Stronger in North Bethany

Posted by Leslie Kopp on September 8th, 2025

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, 5 properties went under contract in North Bethany. This compares to 3 during the same month…

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Seller’s Market at the Beach

Posted by Leslie Kopp on July 7th, 2025

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…

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Inventory on the Rise, Spring Market Firm in North Bethany

Posted by Leslie Kopp on May 19th, 2025

Happy Spring! As we look back on the first 4 months of the year, sales in North Bethany were firm when compared to 2024. However, with 14 properties currently for sale, inventory has nearly tripled in the last year. It is important to note that we are still far below pre-pandemic levels when it was common to have between 30 and 40 properties available for sale in North Bethany.     

As the chart illustrates, sales activity is up 11% so far this year when compared to the first 4 months of 2024 and sales volume down is 4%. Properties are taking longer to sell with 38 days as the median days-to-contract vs. 16 days last year. The median sale price is up 30%. This is reflective of the location and types of properties sold, not necessarily appreciation…

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