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South Bethany Beach Real Estate

South Bethany Market Remains Strong in Fall

by Leslie Kopp & Christi Arndt

Last month, we reported that the fall market conditions were strong in the Bethany-Fenwick area.  We are pleased to report that this trend continued through October.  During the month, single family home sales were up considerably over 2018 (22 vs 14) in the Bethany-Fenwick area.  Meanwhile, there was some slowing in South Bethany as 2 […]

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Q3 Strong as South Bethany Sales Remain Firm

by Leslie Kopp & Christi Arndt

After a slower start to the year, the real estate market at the beach picked up nicely in the second quarter of 2019 and activity continued to be very strong through the 3rd quarter.  In fact, 12 properties went under contract in South Bethany vs. 10 during the 3rd quarter of 2018. As the chart […]

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Strengthening Market with Surge in July Sales in South Bethany

by Leslie Kopp & Christi Arndt

The Bethany-Fenwick market experienced a significant upswing in buyer activity in July! Click here to view our blog post with an update on the market as a whole. The chart provided includes year-to-date market data for South Bethany. Notably, the days on market pace has improved as year to date we are at 85 days […]

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Market Trend Shifts Direction

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

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Average Price & Active Inventory in South Bethany

by Leslie Kopp & Christi Arndt

We are often asked about the direction of prices and how values at the beach compare to the market peak or other points in time. There is no question that values are rising for the market as a whole and as the graph illustrates, they are climbing in South Bethany.  All signs point to the […]

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Strong Rebound in April for Bethany-Fenwick Market

by Leslie Kopp & Christi Arndt

Although the real estate market was off to a slow start early in the year, there was a distinct increase in buyer activity in late March that carried through April. We are pleased to report that April sales in the Bethany-Fenwick Market significantly outpaced the two years prior for both single family homes and condo/townhomes.  […]

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Slower Start, Inventory Limited in South Bethany

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 South Bethany were off nearly 35% when compared to a very strong start in 2018. However, two encouraging statistics are […]

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Slower Start at the Beach, Market Firm in Bethany-Fenwick Market

by Leslie Kopp & Christi Arndt

One year ago, we reported to you that the Bethany-Fenwick Market had experienced the strongest start to the year in more than a decade.  So far in 2019, the market has not been able to keep pace with an exceptional 2018.  However, it is important to note that over-all conditions are comparable to 2016 and […]

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No Surprise: Trend Continues to Seller’s Market

by Leslie Kopp & Christi Arndt

For much of the last 2 years, we have communicated to you that buyer activity was strong while inventory was shrinking at the beach. With that in mind, it was no surprise that January absorption rates continue trending in the direction of a seller’s market. This indicates that in most areas there will be upward […]

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Fenwick Island Market Slows Some in 2018

by Leslie Kopp

  Happy New Year!  After significant strengthening from 2015 to 2017, the 2018 year-end real estate report for Fenwick Island shows us that the market experienced a slight slow down last year.  These statistics do not tell the whole story! Total sales in the market as a whole from Fenwick Island to North Bethany held […]

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