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North Bethany Beach Real Estate

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 […]

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Average Price & Active Inventory in North Bethany

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, they are climbing in North Bethany.  All signs point to the […]

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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.  […]

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Slower Start, Inventory Limited in North Bethany

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 North Bethany were off nearly 40% when compared to a very strong start in 2018. However, two encouraging statistics are […]

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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 […]

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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 […]

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North Bethany Market Rebounds 2018

by Leslie Kopp

Happy New Year!  Last year at this time, we communicated to you that while North Bethany sales were slow in 2017,  we felt that the numbers were not telling the whole story.  Market conditions were stronger than the statistics portrayed, and we anticipated a notable improvement.  As the year-end report shows, this certainly came true […]

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Beach Market Stregthens in Fall, NB Slower

by Leslie Kopp

After a late summer slowdown, the Bethany-Fenwick market experienced a significant 52% rise in sales during October when compared to 2017. Buyers benefited from a nice jump in September inventory! Meanwhile, there was some slowing in North Bethany as only 2 properties went under contract versus 3 last year. We were fortunate to participate in […]

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Impressive Year-to-Date Trends, October Slowdown at the Beach

by Leslie Kopp

Year-to-date, 2017 has been exceptional for property owners! As the snapshot below illustrates, the Bethany Beach and Fenwick Island market is trending in a favorable direction when compared to the first 10 months of 2016 for 5 major market indicators. We did experience some slowdown in sales at the beach in late September that continued […]

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Exceptional Start, Sales Slow Mid-Year in NB

by Leslie Kopp

It is hard to believe that we are more than half of the way through the year and as the chart indicates, year-to-date real estate sales activity has been exceptional when compared to the same time period in 2017. Total sales, prices and the pace of sales are trending in a positive direction for North […]

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