Main Content

Bethany Beach Real Estate Blog

Bethany Beach Real Estate Markets Mixed

by Leslie Kopp

We are more than half way through the year, a good time to take a comparative look at real estate sales to-date in Bethany Beach. The results are mixed with single family home sales up while condo/townhome sales are down. As the chart below illustrates, through the end of July, 59 single family homes settled, […]

... Read More

Buyer’s or Seller’s Market at the Beach

by Leslie Kopp

If you have been following our market updates, you might recall from previous messages that absorption rates tell us how many months it will take to sell all existing inventory at the current pace of sales, if no new listings were added to the market. Our mid-year absorption rates are important as inventory tends to […]

... Read More

Beach Sales Stay Strong in May

by Leslie Kopp

We have finally had a number of beautiful, sun-filled weekends and it is nice to see so many families enjoying the beach and boardwalk! After a slow start to the year, real estate activity as a whole picked up nicely in April and remained strong in May. During the month, 34 properties went under contract […]

... Read More

First Quarter Sales Bethany Beach, Mixed Results

by Leslie Kopp

We are three months into the year and a look at the number of properties put under contract in the first quarter in Bethany Beach shows mixed results. While new contracts on single family homes have risen compared to each of the last two years, condo/townhome sales are down. As the chart illustrates, year-to-date, 22 […]

... Read More

Sales Rebound in February

by Leslie Kopp

After what was the slowest January that the Bethany-Fenwick market had experienced in quite some time, I am pleased to report there was a significant rise in real estate activity in February. New contracts on single-family (18) and condo/townhomes (13) matched last year’s strong February numbers and sales volume in dollars under contract was up […]

... Read More

Buyer’s or Seller’s Market

by Leslie Kopp

As you may recall from previous messages that absorption rates tell us how many months it will take to sell all existing inventory at the current pace of sales if no new listings were added to the market. We like to look at absorption rates twice a year, on December 31st and again on June […]

... Read More

Bethany Beach Sales Stay Firm in 2015

by Leslie Kopp

A new year is upon us and I would first like to wish you and yours a 2016 filled with abundance, joy, and peace. Looking back at 2015, the Bethany Beach real estate market as a whole remained firm when compared to 2014 with modest gains in year-over-year sales of both single family and condo/townhomes. […]

... Read More

Sales Flat in Bethany-Fenwick Area, Prices Stable

by Leslie Kopp

As Thanksgiving approaches, my group is especially thankful to all of those that trust us with your real estate needs and look to us for market updates. We value your confidence and wish you and your loved ones a holiday season filled with peace, love and great joy! This is a good time of the […]

... Read More

Bethany Beach Market Stays Course

by Leslie Kopp

We are three quarters of the way through the year and a comparable look at single family home and condo/townhome settlements to-date shows us that both markets are relatively flat to last year. This is significant, particularly for the single-family home market as settlements are down in many of the neighboring beach towns. The data […]

... Read More

Modest Improvement in August

by Leslie Kopp

Traffic is a little lighter and our beaches are a little quieter. This is our favorite time of the year! I hope that you have a chance this fall to enjoy the wonderful restaurants, beaches, and shops that make the Bethany-Fenwick area such a special place. In last month’s message, I communicated that after a […]

... Read More