South Bethany Real Estate Market Slows Some, Remains Firm
Posted by Leslie Kopp on
*Data was derived from the Sussex County MLS and tax records. Includes properties in South Bethany. May not reflect all activity in the marketplace.
September is our absolute favorite time of year at the beach. We hope you are able to visit this month to enjoy beautiful weather, warm ocean breezes, and a quieter pace.
While property sales have decreased 17% year over year in South Bethany, sales volume decreased less and inventory remained limited. Homes are also going under contract slower, with 3 weeks being the median versus 1 week at this time last year. Overall, the market remains firm, but sellers have to be strategic to maximize their sales price.
As we head into fall, both buyers and sellers are beginning to think about what’s ahead. For…
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