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South Bethany Beach Real Estate

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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South Bethany Market Remains Strong in 2018

by Leslie Kopp

Happy New Year!  In 2018, the South Bethany Beach real estate market kept pace with a strong 2017 and as the year-end chart illustrates, the $1million+ segment was exceptionally strong. All key market statistics were very positive in South Bethany which continues to put upward pressure on prices. Our group was fortunate to participate in […]

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South Bethany Sales Firm, Market Conditions Strong

by Leslie Kopp

After a late summer slow down, the Bethany-Fenwick market experienced a significant 52% rise in sales during October when compared to 2017. Buyers benefited from a nice jump in September inventory! In South Bethany, 4 properties went under contract during the month and 3 of these properties were on the market for less than 40 […]

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Impressive Year-to-Date Trends, October Slowdown at the Beach

by Leslie Kopp

Year-to-date, 2017 has been exceptional for property owners! As the snapshot below illustrates, the Bethany Beach and Fenwick Island market is trending in a favorable direction when compared to the first 10 months of 2016 for 5 major market indicators. We did experience some slowdown in sales at the beach in late September that continued […]

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Summer Sales Slow at the Beach, Inventory Begins to Rise

by Leslie Kopp

After the strongest start to the year in more than a decade, real estate activity slowed early this summer and the trend carried through August. Sales last month of both single-family homes and condo/townhomes were down considerably compared to August of 2017. Inventory is now on the rise in several areas and we will be […]

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Beach Market Strong, South Bethany Sales Slower

by Leslie Kopp

It is hard to believe that we are more than half of the way through the year and while the beach real estate market as a whole is trending in a positive direction, South Bethany has experienced some slowing in total sales. As the chart indicates, through July, the number of properties put under contract […]

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