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Bethany Beach Real Estate Market Update

by Leslie Kopp & Christi Arndt

Our hearts go out to anyone who has been impacted by Coronavirus, COVID-19, whether directly or indirectly. Conditions are continuously changing and the long-term impact on the economy and the real estate market is not yet known. We will do our best to summarize what we are experiencing at the beach, as of today, March […]

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What to do While Social Distancing in Bethany Beach

by Leslie Kopp

Here is a list of activities for you and your family to enjoy while still practicing social distancing: – Go for a bike ride or walk around your neighborhood for some fresh air. – Plan a family game night with your favorite board game or charades. – Bring your binoculars and go bird watching. – […]

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Positive Start to 2020 for Bethany-Fenwick Real Estate Market

by Leslie Kopp & Christi Arndt

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 […]

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Strong Seller’s Market

by Leslie Kopp & Christi Arndt

  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 […]

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Bethany Beach Market Surge in 2019

by Leslie Kopp & Christi Arndt

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 […]

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South Bethany Market Surge in 2019

by Leslie Kopp & Christi Arndt

Happy New Year! Last year at this time, we communicated to you that the South Bethany market kept pace with a strong 2017. We are pleased to report that conditions trended upward in 2019 as there was an impressive 15% increase in properties sold! Importantly, there was an increase in sale prices and with the […]

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North Bethany Market Remains Strong in 2019

by Leslie Kopp & Christi Arndt

Happy New Year! Last year at this time, we communicated to you that North Bethany experienced an impressive 58% rise in sales volume over 2017. While the market remained very strong in 2019, sales were down some compared to an exceptional 2018. Importantly, there was an increase in sale prices and with the continuation of […]

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Fenwick Island Market Surge in 2019

by Leslie Kopp & Christi Arndt

  Happy New Year! Last year at this time, we communicated to you that the Fenwick Island market slowed some compared to a strong 2017. We are pleased to report that there was a significant rebound in 2019 with a 44% rise in sales volume! Importantly, there was an increase in sale prices and with […]

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Ocean View Market Remains Strong in 2019

by Leslie Kopp & Christi Arndt

Happy New Year! Last year at this time, we communicated to you that the Ocean View real estate market experienced a large surge in sales over the year prior. While the market did not keep pace with an exceptional 2018, sales were up considerably over 2017 and over-all conditions remain very strong. Importantly, the continuation […]

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Sea Colony East Market Rebound in 2019

by Leslie Kopp & Christi Arndt

Happy New Year! Last year at this time, we communicated to you that the Sea Colony East real estate market slowed some compared to a strong 2017. We are pleased to report that there was a significant rebound in 2019 with a 22% rise in sales volume! Importantly, there was an increase in sale prices […]

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