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Ocean View & Bear Trap Dunes Real Estate

Positive Trend Continues for Ocean View Sellers

by Leslie Kopp & Christi Arndt

Twice each year, 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 inventory or less is considered a seller’s market, […]

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Bear Trap Remains Seller’s Market

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 year with inventory levels. Generally speaking, 7 months of inventory […]

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Slower Start, Inventory Limited in Ocean View

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 Ocean View were off by more than 30% when compared to a very strong start in 2018. On a positive note,  […]

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Slower Start, Inventory Limited in Bear Trap Dunes

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 Bear Trap were off more than 50% when compared to a very strong start in 2018. It is important to […]

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Ocean View Slower Start To 2019

by Leslie Kopp & Christi Arndt

After two years of exceptional  sales volume in Ocean View, the market remains strong, but the total number of homes sold so far in 2019 is down compared to last year.  The number of new construction homes available in Ocean View has been declining.   This is good news for existing homeowners as limited supply will […]

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Bear Trap Dunes Off To A Slower Start In 2019

by Leslie Kopp & Christi Arndt

After two years of high sales volume in Bear Trap Dunes, the over-all beach market remains strong while the total number of properties sold so far in 2019 is down considerably in your community when compared to last year. This is not all bad news for property owners.  The number of listings for sale has […]

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Ocean View Sales Slow Mid-Year, Rebound in Fall

by Leslie Kopp

After a late Spring and Summer slow-down, the Ocean View Real Estate market experienced a nice rebound this fall. There was a significant 54% rise in sales during the months of September and October when compared to 2017. Buyers benefited from a nice jump in September inventory! As the chart illustrates, the market is trending […]

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Exceptional First Quarter: Ocean View & Bear Trap

by Leslie Kopp

While the winter weather was not ideal to encourage buyers to visit during the first quarter of 2018, the beach real estate market was strong. In fact, conditions are more favorable today that they have been in over a decade on the Delaware Coast. Ocean View and Bear Trap Dunes are no exception. Total sales […]

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Buyers or Sellers Market at Bear Trap Dunes

by Leslie Kopp

For much of 2017, we communicated to you that sales activity was strong while inventory was shrinking in Bear Trap, so it was no surprise to see that our January absorption rates show a trend to a seller’s market. Absorption rates tell us how many months it will take to sell all existing homes for […]

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October Slowdown, Impressive Year-to-Date Trends

by Leslie Kopp

Year-to-date, 2017 has been exceptional for property owners! As the snapshot illustrates, the Ocean View real estate market is trending in a favorable direction when compared to the first 10 months of 2016. Prices are flat and all other major indicators show a strengthening market. We did experience some slowdown in sales at the beach […]

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