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Fenwick Island Real Estate Blog

Beach Real Estate Market Update

by Leslie Kopp

I usually expect to see an increase in real estate activity over President’s Day weekend and with temperatures in the 70’s, there was added encouragement for buyers to come to the beach this year. They certainly did ! My group alone is in negotiations on nearly a dozen transactions as the result of weekend activity. […]

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Beach Markets Trending Towards Seller’s Market

by Leslie Kopp

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. You may recall from previous blogs that we like to look at year-end absorption rates as they are a good indicator of the future direction […]

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Happy New Year! 2016 Market Summary

by Leslie Kopp

As we head into the New Year, we wish you a very happy, healthy and prosperous New Year! To summarize 2016, the beach real estate market rebounded nicely after some softening in 2015. There was a notable 14% increase in sales compared to the year prior, with 352 single family homes and condo/townhomes sold. Sales […]

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Fenwick Island Sales Rebound in 2016

by Leslie Kopp

Hello again and Happy New Year! We wish you and yours a healthy and prosperous 2017. As we look back at 2016, the Fenwick Island real estate sales data shows us that the market rebounded nicely after a softer year in 2015, particularly for the single-family home segment. Sales of single-family homes more than doubled […]

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Strong Bethany-Fenwick Sales

by Leslie Kopp

Real estate activity in the Bethany Beach and Fenwick Island area has been strong. Since November 1, the market has experienced an increase in both condo/townhome sales and single-family home sales. During this time, 18 condo/townhomes have gone under contract, up from 16 during the same time period last year and 25 single family homes […]

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Bethany Beach Real Estate Market Strong

by Leslie Kopp

An election year brings with it a natural state of uncertainty which can result in a temporary slowdown of the market during the months leading up to Election Day. This is particularly true in the discretionary second home market. However, that was not the case in 2016. After a strong September, October followed suit. During […]

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Fenwick Island Markets Mixed

by Leslie Kopp

We are three-quarters of the way through the year and a look at settlements to-date in Fenwick shows mixed results. While single-family home sales have nearly doubled compared to last year, condo/townhome sales are down 25%. As the chart illustrates, through the end of September, 15 single families settled, up from 8 during the same […]

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Wags, Witches & Warlocks, 10/29/16

by Leslie Kopp

The Annual Halloween Festival and Parade “Wags, Witches & Warlocks” will be held on Saturday, October 29, 2016 in Bethany Beach. Proudly hosted by The Leslie Kopp Group, the event brings families and pets to town for a day of fun while raising money and awareness for the Delaware S.P.C.A. The parade and costume contest […]

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Fenwick Activity Matches 2015

by Leslie Kopp

Traffic is a little lighter and our beaches are a little quieter. This is our favorite time of the year! It is also the time of year that many buyers start to think about purchasing and many owners begin to explore the idea of listing their home. If you are considering a purchase or sale, […]

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Fenwick Island Real Estate Update

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 Fenwick Island. The results are mixed with single-family home sales up while condo/townhome sales are down proportionately. As the chart illustrates, through the end of July, 11 single family homes settled. This […]

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