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Found 2 blog entries tagged as oceanview.

Strong Start To 2025 & Rising Inventory In Ocean View

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, Ocean View had a strong start to the year for real estate activity. Through the first two months of 2025, 56 properties went under contract, which is up 12% compared to last year and sales volume in dollars (based on list price) was up 11%. Properties sold more quickly and the average sale price was up 13%. 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 reach out: (302) 541-5207

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2024 Ocean View Real Estate Market Recap
*Data was derived from the Sussex County MLS. Includes properties sold in Ocean View.   May not reflect all activity in the marketplace.

Happy New Year!  As we reflect on 2024, you might recall that throughout most of the year, real estate sales in Ocean View were comparable to 2023. Limited inventory kept values high, even as interest rates increased heading into the Summer season and sales remained steady from January through September. Buyer activity slowed considerably in the Fall, as anticipated, with the election and Holiday Season. 

We are optimistic and enthusiastic about the market in the year ahead! If you are considering a purchase or sale of Ocean View real estate, it is never too early to have a conversation or to begin preparations. We

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