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Sea Colony Real Estate Blog

Sea Colony East Sales Up in 2015

by Leslie Kopp

A new year is upon us and we would first like to wish you and yours 2016 filled with abundance, joy, and peace. Looking back at 2015, Sea Colony East sales were strong when compared to the year prior. After a decline from 2013 to 2014, Sea Colony East sales bounced back in 2015 with […]

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Sea Colony West Sales Slow in 2015

by Leslie Kopp

A new year is upon us and we would first like to wish you and yours a 2016 filled with abundance, joy, and peace. Looking back at 2015, Sea Colony West sales were down some when compared to the year prior. While single family home sales held firm with 2 settlements in 2015, the number […]

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Leslie Kopp Welcome’s Gail Phelan

by Leslie Kopp

I am absolutely delighted to announce that Gail Phelan has joined The Leslie Kopp Group. Gail brings with her more than 20 years of experience in the real estate industry and has specialized in Sea Colony sales for the last decade. As the newest member of The Leslie Kopp Group, Gail’s strong reputation for customer […]

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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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Sea Colony’s New Fitness Center

by Leslie Kopp

THE FREEMAN FITNESS CENTER PROJECT BETHANY BEACH, DE The long-awaited reconstruction and renovation of the Freeman Fitness Center in Sea Colony, Bethany Beach DE, is underway, with anticipated opening date of May, 2016. Board members, along with significant Sea Colony homeowner input, Sea Colony staff, architects, engineers and design and recreation experts spent more than […]

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Sea Colony East Settlements Up, But Some Slowing in September

by Leslie Kopp

We are three quarters of the way through the year and a look at settlements to-date shows some improvement compared to 2014. So far this year, 21 properties have settled, up 17% compared to 18 during the same time period last year. Sales volume in dollars is up a significant 42% and average days-to-contract and […]

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No New Sales in Sea Colony West for September

by Leslie Kopp

We are three-quarters of the way through the year and a comparable look at condo/townhome settlements to-date shows us that activity is relatively flat to 2014. During the first 3 quarters of 2014 and 2015, 43 condo/townhomes settled. Sales volume, days-to-contract, and list-to-sell price ratios are also flat compared to last year while median sales […]

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Sea Colony West Sales Spike in July

by Leslie Kopp

After two slower months for Sea Colony West real estate, new contracts on condo/townhomes were very strong in July. During the month, 8 condo/townhomes went under contract versus 3 in 2014, an increase of 167%. Sales volume under contract (based on list price) was up 367%. The market experienced a significant rise in demand for […]

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Sea Colony East, Small Increases

by Leslie Kopp

After a slow start to the year, we have seen a small increase in the number of Sea Colony East properties put under contract in each of the last three months. From May through July of 2015, nine properties went under contract versus six properties during the same time period last year, an increase of […]

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Sea Colony 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 twice a year, on December 31st and again on June 30th each […]

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