Delaware Beach Real Estate Blog

For 18 months, we have shared with you that the real estate market has been exceptional and as the graph illustrates, both single family homes and condo/townhome properties continue to appreciate significantly in value! We expect the continuation of high buyer demand and extremely low inventory which will keep upward pressure on prices well into 2022. If you are considering a purchase or sale, please strategize with us at (302) 541-5207 to ensure the very best results in this market!  



During this time of Thanksgiving, we are grateful to you for your continued trust and wish you and your loved ones a safe, healthy and joyful holiday!

 

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For 18 months, we have shared with you that the real estate market has been exceptional and as the graph illustrates, Bear Trap and Ocean View properties continue to appreciate significantly in value! We expect the continuation of high buyer demand and extremely low inventory which will keep upward pressure on prices well into 2022. If you are considering a purchase or sale, please strategize with Gail Phelan (302) 233-4909 to ensure the very best results in this market! 



During this time of Thanksgiving, we are grateful to you for your continued trust and wish you and your loved ones a safe, healthy and joyful holiday!

 

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For 18 months, we have shared with you that the real estate market has been exceptional at the beach and as the graph illustrates, Sea Colony properties continue to appreciate significantly in value! We expect the continuation of high buyer demand and extremely low inventory which will keep upward pressure on prices well into 2022.



During this time of Thanksgiving, we are grateful to you for your continued trust and wish you and your loved ones a safe, healthy and joyful holiday!

If you are considering a purchase or sale, please strategize with Sea Colony Specialist Gail Phelan (302) 233-4909 to ensure the very best results in this market!  

 

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For 18 months, we have shared with you that the real estate market has been exceptional at the beach and as the graph illustrates, both single family homes and condo/townhome properties continue to appreciate significantly in value! We expect the continuation of high buyer demand and extremely low inventory which will keep upward pressure on prices well into 2022. If you are considering a purchase or sale, please strategize with us to ensure the very best results in this market!   



During this time of Thanksgiving, we are grateful to you for your continued trust and wish you and your loved ones a safe, healthy and joyful holiday!

 

 

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As we reflect on the first three quarters of 2021, the momentum that started in 2020 with a surge in buyer demand carried well into 2021 and the outlook continues to be very strong for property owners!

In a typical year, we would expect some slow down as we head into the “off-season”, but there is nothing typical about this market. In fact, September sales outpaced August as 39 properties went under contract in Sept. versus 34 in August. Properties continue to sell very quickly (many within just a couple of days) and multiple offers continue to be the norm.  As of October 1, there were just 38 single family and condo/townhomes for sale in the Bethany-Fenwick area versus 43 at this time last year and 218 in 2019!

 

 

 

 

 

 

 

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As we reflect on the first three quarters of 2021, the momentum that started in 2020 with a surge in buyer demand carried well into 2021 and the outlook continues to be very strong for Bear Trap owners!    

In a typical year, we would expect some slow down as we head into the “off-season”, but there is nothing typical about this market. In fact, properties continue to go under contract very quickly (6 days median days-to-contract) and multiple offers continue to be the norm.  As of October 1, there were just 2 single family and condo/townhomes for sale in Bear Trap versus 2 at this time last year and 19 in 2019!

 As we have stated many times over the past year, it is hard to predict how long this market will last.   Please call our Bear Trap

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As we reflect on the first three quarters of 2021, the momentum that started in 2020 with a surge in buyer demand carried well into 2021 and the outlook continues to be very strong for property owners!    

In a typical year, we would expect some slow down as we head into the “off-season”, but there is nothing typical about this market. In fact, September sales outpaced August as 52 properties went under contract in Sept. versus 37 in August. Properties continue to sell very quickly (many within just a couple of days) and multiple offers continue to be the norm.  As of October 1, there were just 43 single family and condo/townhomes for sale in Ocean View versus 69 at this time last year and 183 in 2019!

 As we have stated many times over the past

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As we reflect on the first three quarters of 2021, the momentum that started in 2020 with a surge in buyer demand carried well into 2021 and the outlook continues to be very strong for Sea Colony owners!    

In a typical year, we would expect some slow down as we head into the “off-season”, but there is nothing typical about this market. In fact, September sales outpaced August as 8 properties went under contract in Sept. versus 7 in August. Properties continue to sell very quickly (many within just a couple of days) and multiple offers continue to be the norm.  As of October 1, there were just 7 properties for sale in Sea Colony versus 8 at this time last year and 43 in 2019!

Sea Colony Q3

 As we have stated many times over the past year, it is hard to

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