local DE produce

We are in the midst of strawberry season, and it's another reminder of why living in Coastal Delaware, specifically during the summer months, is so special! With many local and nearby farms that offer delicious local produce, family-friendly activities, and hand-made goods, there are so many ways to celebrate the season of summer and all that it brings. Whether you attend your local Farmers' Market, or head out directly to a farm for pick your own and some shopping, you're sure to enjoy yourself as well as a good-for-you & tasty treat.  The available local produce ranges from giant ears of sweet summer corn, to peaches so juicy you'll want to hop in the ocean to clean off.  Below you can find information regarding participating 'pick your own' produce…

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Bayside Market Update

Hello Spring! Last month, we shared with you that after many years of deficient inventory, we were starting to see properties coming on the market more frequently. As we start the month of May, inventory in Bayside is up 33% when compared to the same time last year and inventory in the greater Fenwick-Selbyville area is up 42%.

In your community of Bayside, the real estate market remains strong for Sellers! As the chart illustrates, sales activity through April was up 53% with 29 properties going under contract so far this year! Sales volume is up 50% and the median sale price is up 10% year-over-year. Properties are selling more slowly with 30 days as the median days-to-contract so far this year vs. 14 days last year.   

As always, if we can…

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Ocean View Market Update
Hello Spring! Last month, it was our pleasure to share with you that after many years of deficient inventory, we began to see properties coming on the market more frequently. As we start the month of May, this trend continues as inventory in Ocean View is up 20% when compared to the same time last year.

As the chart illustrates, sales activity is down 6% so far this year when compared to the first 4 months of last year. Meanwhile, there is some softening of prices as the median sale price to-date is down 9%.     

While the market has been slower in Ocean View, the busy Summer season is just around the corner! If we can offer you any real estate guidance as a buyer, please don't hesitate to reach out:

(302) 541-5207

*Data was derived from the…

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Bear Trap Market Update
Hello Spring! Last month, we shared that after many years of deficient inventory, we began to see properties coming on the market more frequently. While inventory in Bear Trap is stable, as we start the month of May, there are 83 properties for sale in Ocean View.

In the community of Bear Trap, the real estate market remains strong. As the chart illustrates, sales activity through April matched 2023 with 12 properties going under contract so far this year. Sales volume is up 8% and the median sale price is up 37% year-over-year. Properties are selling more quickly with 12 days as the median days-to-contract so far this year vs. 39 days last year.   

As always, if we can offer you any real estate guidance as a buyer, we are here to help. Please call…

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Sea Colony Market Update

Hello Spring! Last month, we shared that after many years of deficient inventory, we began to see properties coming on the market more frequently. As we start the month of May, this trend continues as inventory in Sea Colony has more than doubled when compared to the same time last year. Inventory is growing most significantly on the East. 

The real estate market remains firm in Sea Colony. As the chart illustrates, sales volume is up for both sides of the community. Prices remain stable on the West, but the market is showing some softening on the East. 

As always, if we can offer you any real estate guidance as a buyer, please call our Sea Colony Real Estate Experts:

Gail Phelan              Chris Housman
(302) 233-4909              (302)…

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Bethany-Fenwick Market Update
Hello Spring! Last month, we shared that after many years of deficient inventory, we began to see properties coming on the market more frequently. As we start the month of May, this trend continues as inventory in the Bethany-Fenwick market is up 58% when compared to the same time last year.

The beach real estate market remains firm. As the chart illustrates, sales activity is up 14% so far this year when compared to the first 4 months of 2023 and sales volume is up 19%.  Meanwhile, prices are stable.     

The busy Summer season is just around the corner, if we can offer you any real estate guidance, please don't hesitate to reach out!    

(302) 541-5207

*Data was derived from the Sussex County MLS. Includes properties in Bethany Beach, North…

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