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South Bethany Beach Real Estate

Bethany & South Bethany Sales Strong, North Bethany Improving

by Leslie Kopp

Traffic is a little lighter and our beaches are a little quieter. This is our favorite time of the year! It is also the time of year that many buyers start to think about purchasing and many owners begin to explore the idea of listing their home. If you are considering a purchase or sale, […]

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South Bethany Real Estate Update

by Leslie Kopp

We are more than half way through the year, a good time to take a comparative look at real estate sales to-date in South Bethany. It is nice to report that over-all, activity has been strong when compared to each of the last two years. As the chart below illustrates, through the end of July, […]

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Buyer’s or Seller’s Market at the Beach

by Leslie Kopp

If you have been following our market updates, 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. Our mid-year absorption rates are important as inventory tends to […]

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Beach Sales Stay Strong in May

by Leslie Kopp

We have finally had a number of beautiful, sun-filled weekends and it is nice to see so many families enjoying the beach and boardwalk! After a slow start to the year, real estate activity as a whole picked up nicely in April and remained strong in May. During the month, 34 properties went under contract […]

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Sales Rebound in February

by Leslie Kopp

After what was the slowest January that the Bethany-Fenwick market had experienced in quite some time, I am pleased to report there was a significant rise in real estate activity in February. New contracts on single-family (18) and condo/townhomes (13) matched last year’s strong February numbers and sales volume in dollars under contract was up […]

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Buyer’s or Seller’s Market

by Leslie Kopp

As you may 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 look at absorption rates twice a year, on December 31st and again on June […]

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Winter Storm Jonas, South Bethany Update

by Leslie Kopp

A Message from The Town of South Bethany to Property Owners on January 25, 2016 The weather event “JONAS” was powerful! Winds exceeded 60 mph. The majority of our dune suffered a substantial loss, and from Jamaica Street to our southern end all of our dune was lost. All beach walkways are closed. There was […]

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South Bethany Market Remains Firm

by Leslie Kopp

A new year is upon us and I would first like to wish you and yours a 2016 filled with abundance, joy, and peace. Looking back at 2015, the South Bethany Beach real estate market remained firm when compared to a strong 2014. After significant strengthening of the market from 2013 to 2014, South Bethany […]

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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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Modest Improvement in August

by Leslie Kopp

Traffic is a little lighter and our beaches are a little quieter. This is our favorite time of the year! I hope that you have a chance this fall to enjoy the wonderful restaurants, beaches, and shops that make the Bethany-Fenwick area such a special place. In last month’s message, I communicated that after a […]

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