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Ocean View & Bear Trap Dunes Real Estate

Ocean View Market Remains Strong in 2019

by Leslie Kopp & Christi Arndt

Happy New Year! Last year at this time, we communicated to you that the Ocean View real estate market experienced a large surge in sales over the year prior. While the market did not keep pace with an exceptional 2018, sales were up considerably over 2017 and over-all conditions remain very strong. Importantly, the continuation […]

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Bear Trap Market Rebound in 2019

by Leslie Kopp & Christi Arndt

Happy New Year! Last year at this time, we communicated to you that the Bear Trap real estate market slowed some compared to a strong 2017. We are pleased to report that there was a significant rebound in 2019 with a 15% rise in sales volume! Importantly, there is extremely limited inventory of single family […]

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Ocean View Sales Continue to Rebound in Fall

by Leslie Kopp & Christi Arndt

Last month, we reported that after a slower start to the year, fall market conditions were strong in Ocean View.  We are pleased to report that this trend continued through October. During the month, single family home sales matched 2018 with 33 properties going under contract.  This is up considerably over 12 in 2017. We […]

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Bear Trap Dunes Sales Continue to Rebound in Fall

by Leslie Kopp & Christi Arndt

Last month, we reported that the fall market conditions were strong for in Bear Trap.  We are pleased to report that this trend continued through October. During the month, single family home sales more than doubled with 5 properties going under contract versus 2 in October of last year. Condo/townhome sales were also up significantly […]

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Ocean View Market Remains Firm Amid Slower Sales

by Leslie Kopp & Christi Arndt

After a slower start to the year, the Ocean View real estate market picked up nicely in the second quarter of 2019 and remained firm through the third quarter.  While new contracts were down in September (26 vs. 34), this follows a strong summer where sales were relatively flat compared to last year. As the […]

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Bear Trap Dunes Market Remains Firm Amid Slower Sales

by Leslie Kopp & Christi Arndt

After a slower start to the year, real estate market within Bear Trap Dunes picked up nicely in the second quarter of 2019 and remained strong through the third quarter.  While new contracts in Bear Trap were down slightly in September (4 vs. 6), this follows a strong summer where sales were up 25% compared […]

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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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