We have enjoyed seeing so many of you enjoying your summer at Bear Trap Dunes over the last few weeks! During the month of May, just 1 property went under contract in Bear Trap. This compares to 1 at the same time last year and 2 in May of 2022. While the continuation of low inventory in Bear Trap has kept values elevate, there is vulnerability in the market.

If you have any questions about the market in general or any specific property, please call our Bear Trap Expert:

Gail Phelan (302) 233-4909

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We are happy to be seeing so many of you enjoying the first bit of summer at the beach during the last few weeks! During the month of May, 3 properties went under contract in the community of Bayside.   This compares to 4 properties at the same time last year, and 4 in May of 2022. There is some softening of values, particularly for single family homes where we have seen a notable rise in inventory (13 properties for sale vs. 6 at this time in 2023).

If you have any questions about the market or any specific property, please call our Bayside Experts:

Kiki Hargrove (302) 569-2959 
Wayne Lyons (302) 858-7347

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We are happy to be seeing so many of you enjoying the first bit of summer at the beach during the last few weeks! During the month of May, 5 units went under contract in Sea Colony. This compares to 3 units in the same month last year, and 7 units in May of 2022. There is some softening of values, particularly for condos on the East where we have seen a notable rise in inventory (16 properties for sale vs. 6 at this time in 2023).

If you have any questions about the market or a specific property, please call our Sea Colony Experts:

Gail Phelan (302) 233-4909 

Chris Housman (302) 853-0192

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We are happy to be seeing so many of you enjoying the first bit of summer at the beach during the last few weeks! During the month of May, 35 properties went under contract in the town of Ocean View.  This compares to 30 properties at the same time last year, and 17 properties in May of 2022. Overall, values are stable in Ocean View to-date when compared to last year.  Inventory is up just slightly with 87 properties currently listed for sale versus 77 at this time last year.

If you have any questions about the market in general or any specific property, please give us a call:

(302) 541-5207

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Bethany Fenwick Property Values

We are happy to be seeing so many of you enjoying the first bit of summer at the beach during the last few weeks! During the month of May, 20 properties went under contract in the Bethany-Fenwick area.  20 properties were also under contract at this time in 2023, and 21 in May of 2022. We have noticed some softening of values, particularly in the single family home market.

If you have any questions about the market in general or and specific property, please give us a call.

Leslie Kopp
(302) 541-5207        
Christi Arndt
(302) 245-5223              

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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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