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North Bethany Beach Real Estate

Leslie Kopp Group Ranked Top in Nation

by Leslie Kopp

Long & Foster’s Kopp Group Ranked Top in Nation Compliments of the Long & Foster Newsroom July 9, 2015 Long & Foster Real Estate, the largest family-owned residential real estate company in the United States, announced today that The Leslie Kopp Group, based in Bethany Beach, Del., ranked 126th out of 250 for real estate […]

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North Bethany Settlements Strong

by Leslie Kopp

We are five months into the year and a look at North Bethany sales to-date shows the results of a very strong start. There has been a 50% increase in the number of single-family homes sold and a 71% increase in sales volume year-to-date as compared to 2014. While we have seen a 63% decrease […]

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Flood Zone Remapping in Sussex County

by Leslie Kopp

The Federal Emergency Management Agency (FEMA) recently updated the flood risk maps for Sussex County. These maps were put into place by the county on March 16, 2015. If you are a homeowner or potential owner of real estate in the Bethany Beach or Fenwick Island area, this is important. Your property of interest may […]

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Real Estate Sales Up, Pace Slows

by Leslie Kopp

After a strong start to the year where the Bethany-Fenwick area experienced a 43% increase in new contracts during the first 2 months, the robust pace of sales slowed some in March and a little more in April when compared to 2014. Nonetheless, April was an active month with 31 properties going under contract versus […]

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Buyer Activity Grows West of Route 1

by Leslie Kopp

Last year, the Bethany-Fenwick area experienced considerable strengthening of the $1 million+ market, mainly due to an increase in demand for properties located East of the Route 1 highway. While sales continue to remain strong on the Oceanside, buyer activity has picked up considerably West of Route 1 this year. As the chart indicates, in […]

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Vacation Homes: A Buyer’s Checklist

by Leslie Kopp

The market is heating up, but don’t be too quick to take the plunge. Here are issues to consider first. The market for vacation homes went into a deep freeze after the financial crisis. Now, it is basking in the sun. Sales of such properties shot up 57% in 2014 from a year prior, the […]

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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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Delaware Today Features the State’s 30 Most Expensive Homes

by Leslie Kopp

Delaware Today’s March 2015 issue features the state’s 30 most expensive homes sold over the past five years. Extremely proud that the highest price home sold in the state of Delaware for 2014 was listed with Leslie Kopp and Wayne Lyons! 29809 OCEAN RIDGE DRIVE, NORTH BETHANY, $5,250,000 (2014) How often does this happen? A […]

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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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