Main Content

Fenwick Island Real Estate Blog

Fenwick Island Market Remains Strong in Fall

by Leslie Kopp & Christi Arndt

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 at the beach were up considerably over 2018 (22 vs 14).  Meanwhile, after a strong September for the condo/townhome segment, there was […]

... Read More

Q3 Strong as Fenwick Island Sales Remain Firm

by Leslie Kopp & Christi Arndt

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 third quarter. In fact, September was the fifth month in a row that new contracts out-paced the same month last year in Fenwick […]

... Read More

Strengthening Market with Surge in July Sales in Fenwick Island

by Leslie Kopp & Christi Arndt

  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 Fenwick Island. Through July, sales of single family homes and condo/townhomes are both up compared to the same […]

... Read More

Market Trend Shifts Direction

by Leslie Kopp & Christi Arndt

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 […]

... Read More

Average Price & Active Inventory in Fenwick Island

by Leslie Kopp & Christi Arndt

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, prices are up some in Fenwick Island.  All signs point to […]

... Read More

Strong Rebound in April for Bethany-Fenwick Market

by Leslie Kopp & Christi Arndt

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.  […]

... Read More

Slower Start, Inventory Limited in Fenwick Island

by Leslie Kopp & Christi Arndt

Last month, we reported that the exceptionally wet and cold winter weather was not ideal for prospective buyers to visit the beach.  A look back at the first quarter shows us that total sales in Fenwick Island were off by more than 50% when compared to a very strong start in 2018. It is important […]

... Read More

Slower Start at the Beach, Market Firm in Bethany-Fenwick Market

by Leslie Kopp & Christi Arndt

One year ago, we reported to you that the Bethany-Fenwick Market had experienced the strongest start to the year in more than a decade.  So far in 2019, the market has not been able to keep pace with an exceptional 2018.  However, it is important to note that over-all conditions are comparable to 2016 and […]

... Read More

No Surprise: Trend Continues to Seller’s Market

by Leslie Kopp & Christi Arndt

For much of the last 2 years, we have communicated to you that buyer activity was strong while inventory was shrinking at the beach. With that in mind, it was no surprise that January absorption rates continue trending in the direction of a seller’s market. This indicates that in most areas there will be upward […]

... Read More

Fenwick Market Slower in 2018, Fall Rebound

by Leslie Kopp

After a late summer slow down, the Bethany-Fenwick market experienced a significant rise in sales during October when compared to 2017. In Fenwick Island alone, 4 properties went under contract versus 2 last year. Buyers benefited from a nice jump in September inventory and we were fortunate to represent the seller of the only single-family […]

... Read More