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Fenwick Island Real Estate Blog

February Sales Near Market Peak

by Leslie Kopp

Just a few weeks ago, I noted that buyer activity over President’s Weekend was the busiest I had experienced in quite some time. Now that negotiations have had a chance to wrap up, strong February numbers reflect this activity. As suspected, it was a very good month with 31 properties in the Bethany-Fenwick area going […]

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Strong Start to 2015

by Leslie Kopp

I usually expect to see an increase in real estate activity over President’s Day weekend, but with temperatures well below freezing, there was a chance that buyers would decide to stay home this year. That did not happen. This President’s Day weekend was the busiest that I have experienced since 2006 in the Bethany-Fenwick area. […]

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Direction of Prices 2015, Bethany-Fenwick

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. I like to look at absorption rates twice a year, on December 31st and again on June 30th. While some sellers take their home off […]

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2014 Real Estate Activity in Fenwick Island

by Leslie Kopp

A new year is upon us and a look at 2014 real estate activity for Fenwick Island shows us that there was some strengthening of the single-family home market over the last 12 months. We experienced a 72% increase in the number of single-family homes sold in Fenwick Island and a 14.5% rise in median […]

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Fenwick Island Market Update

by Leslie Kopp

After a slower August, Fenwick Island realized significant homes sales activity with four single-family homes sold and an additional five homes put under contract in the month of September. This is up from three sales and zero new contracts in September of 2013. Three of the five homes that went under contract last month were […]

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