- 3 Beds
- 2 Full Baths
- 1 Half Baths
Would you like to stay in the know about market trends and properties for sale in Sea Colony? Subscribe to receive a monthly market update for Real Estate in Sea Colony by clicking here. You can also view real estate statistics in and Sea Colony the surrounding areas on our Blog: click here.
As we look back on the 2023 beach real estate market, you might recall that the first few months were much slower when compared to 2021 and 2022. Inventory shortages continued to play a role in the slow down and interest rates rose to their highest level in more than 20 years. Sales picked up some in August and the positive momentum carried through the end of the year. In December, there was good news for the real estate market when the Federal Reserve held their key interest rate steady for the third time and suggested that there could be rate cuts in 2024. This news, coupled with the fact that values for beach real estate remain at historically high levels, has us optimistic about the year ahead for property owners. It could be the opportune time to capitalize on a sale. In 2022, we were fortunate to participate in nearly 30% of sales in Sea Colony, representing the buyer, seller or both parties. Properties listed with our Sea Colony Experts Gail Phelan and Chris Housman sold faster and our sellers received a higher sale-to-list price when compared to the rest of the market.
If we can be of assistance to a Sea Colony purchase, as well as Sea Colony sales, please call Gail Phelan (302) 233-4909 or Chris Housman (302) 853-0192.
Learn more about the Sea Colony Real Estate Market on our blog, by clicking here.
____________________________________________________________________________________________________________________________________________________________________
Sea COLONY EAST REAL ESTATE Sea COLONY WeST REAL ESTATE
____________________________________________________________________________________________________________________________________________________________________