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North Bethany Beach Real Estate

Buyer’s or Seller’s Market at the Beach

by Leslie Kopp

If you have been following our market updates, you might recall from previous messages that 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. Our mid-year absorption rates are important as inventory tends to […]

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Beach Sales Stay Strong in May

by Leslie Kopp

We have finally had a number of beautiful, sun-filled weekends and it is nice to see so many families enjoying the beach and boardwalk! After a slow start to the year, real estate activity as a whole picked up nicely in April and remained strong in May. During the month, 34 properties went under contract […]

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Sales Rebound in February

by Leslie Kopp

After what was the slowest January that the Bethany-Fenwick market had experienced in quite some time, I am pleased to report there was a significant rise in real estate activity in February. New contracts on single-family (18) and condo/townhomes (13) matched last year’s strong February numbers and sales volume in dollars under contract was up […]

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Buyer’s or Seller’s Market

by Leslie Kopp

As you may recall from previous messages that 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. We like to look at absorption rates twice a year, on December 31st and again on June […]

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North Bethany Sales Slow in 2015

by Leslie Kopp

A new year is upon us and I would first like to wish you and yours a 2016 filled with abundance, joy, and peace. Looking back at 2015, real estate sales were down in North Bethany when compared to each of the previous two years. After some strengthening of the market from 2013 to 2014 […]

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Sales Flat in Bethany-Fenwick Area, Prices Stable

by Leslie Kopp

As Thanksgiving approaches, my group is especially thankful to all of those that trust us with your real estate needs and look to us for market updates. We value your confidence and wish you and your loved ones a holiday season filled with peace, love and great joy! This is a good time of the […]

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North Bethany Settlements Slow, Some Improvement in September

by Leslie Kopp

While some neighboring beach communities have experienced an increase in year-over-year real estate sales activity for 2015, North Bethany has not followed suit. I believe this is representative of the softer high-end market when compared to a strong 2014. Inventory is also a factor as I have a number of clients actively looking in North […]

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Modest Improvement in August

by Leslie Kopp

Traffic is a little lighter and our beaches are a little quieter. This is our favorite time of the year! I hope that you have a chance this fall to enjoy the wonderful restaurants, beaches, and shops that make the Bethany-Fenwick area such a special place. In last month’s message, I communicated that after a […]

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Summer Slow Down

by Leslie Kopp

After a strong start to the year, the Bethany-Fenwick area experienced some slowing of the real estate market this spring which has continued into the summer, particularly for the single family home market. As the graph indicates, July was the third consecutive month when new contracts on single-family homes were down compared to the same […]

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Bethany-Fenwick Real Estate: Buyer’s Market

by Leslie Kopp

You might recall from previous messages that 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. We like to measure absorption rates on June 30th each year as inventory tends to be near its […]

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