Strong Market in Fenwick Island Heading into Summer
Posted by Leslie Kopp & Christi Arndt on Friday, May 12th, 2023 at 12:00pm
Happy Spring! As we look back on the first 4 months of the year, there was some slowing in sales in Fenwick when compared to 2022. The good news is that there is currently a high level of activity ahead of the upcoming summer season.
As the chart illustrates, there are currently just 2 properties for sale in Fenwick when compared to 7 last year. Prior to the pandemic, it was common to have more than 40 properties available for sale in Fenwick Island. During the month of April, we listed a number of properties in the Bethany-Fenwick area that went under contract within just a few short days and the majority of these listing had multiple offers.
As always, if we can offer you any real estate guidance, please give us a call.
*Data was derived from the Sussex County MLS. Includes properties in Fenwick Island. May not reflect all activity in the marketplace.
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