While the stock market has shown volatility in recent weeks, the beach real estate market has remained very firm.  Mild winter weather and exceptional interest rates have contributed to strong buyer activity early in the year. As the chart illustrates, total sales are up 6% to-date when compared to the same time last year and […]

  We are often asked whether we are in a buyer’s market or a seller’s market at the beach. To clearly answer this question, we need to calculate Months of Inventory, also known as the  Absorption Rate. Generally speaking, 6 to 7 months of  inventory is a balanced market, more is a buyer’s market, less […]

Happy New Year! Last year at this time, we communicated to you that the Bethany market kept pace with a strong 2017. We are pleased to report that conditions trended upward in 2019 as there was an impressive 21% increase in sales volume! Importantly, there was an increase in sale prices and with the continuation […]

Last month, we reported that fall market conditions at the beach were strong.  We are pleased to report that this trend continued through October.  During the month, single family home sales in Bethany Beach were up considerably over 2018 (17 vs 11).  Meanwhile, after a strong September for the condo/townhome segment, there was some slowing […]

Last month, we reported that the fall market conditions were strong in the Bethany-Fenwick area.  We are pleased to report that this trend continued through October.  During the month, single family home sales were up considerably over 2018 (22 vs 14) in the Bethany-Fenwick area.  Meanwhile, there was some slowing in South Bethany as 2 […]

After a slower start to the year, the real estate market at the beach picked up nicely in the second quarter of 2019 and activity continued to be very strong through the 3rd quarter. September was the fourth month in a row that new contracts out-paced the same time last year in Bethany Beach (33 […]

The Bethany-Fenwick market experienced a significant upswing in buyer activity in July! Click here to view our blog post with an update on the market as a whole. The chart provided includes year-to-date market data for Bethany Beach. Through July, sales of single family homes are up compared to the same time period in 2018. […]

You might recall that this is the time of year when we like to share absorption rates with you. This statistic tells us whether we are trending in the direction of a buyer’s or seller’s market by comparing the pace of sales over the last 12 months with inventory levels. Generally speaking, 7 months of […]

We are often asked about the direction of prices and how values at the beach compare to the market peak or other points in time. There is no question that values are rising for the market as a whole and as the graph illustrates, they are climbing in Bethany Beach.  All signs point to the […]

Although the real estate market was off to a slow start early in the year, there was a distinct increase in buyer activity in late March that carried through April. We are pleased to report that April sales in the Bethany-Fenwick Market significantly outpaced the two years prior for both single family homes and condo/townhomes.  […]