Bethany Beach Real
                Estate
Bethany Beach Real Estate
Market Update
12/23/08-12/31/08
Current Number Of Listings In Bethany/Fenwick (All Companies):

194 Single Family, 237 Condos

New Listings, Bethany/Fenwick (All Companies):

1 Single Family, 1 Condo

Pending Listings, 12/23/08-12/31/08

2 Single Family, 0 Condos

Currently Pending Listings, Bethany/Fenwick (All Companies):

2 Single Family, 11 Condos

Closed Listings:

0 Single Family, 1 Condos

Current Number Of Listings In Ocean View (All Companies):

397 Single Family, 243 Condos

New Listings, Ocean View (All Companies):

5 Single Family , 2 Condos

Pending Listings, 12/23/08-12/31/08

0 Single Family, 0 Condos

Currently Pending Listings, Ocean View Area (All Companies):

32 Single Family, 16 Condos

Closed Listings:

1 Single Family, 3 Condos

Active Single Family Listings By Community:
Salt Pond: 8
Bethany Lakes: 8
Bear Trap: 12
Bethany West: 8
East Side of Rt. 1: 75
South Bethany (Canalfront): 14
Clearwater: 7
Point Farm: 3
Blackwater Village: 9
Keenwik: 10
Keenwik West: 3
Keenwik Sound: 2
The Refuge at Dirickson Creek: 8
Bayside: 25

Active Condos:
East Side of Rt. 1: 78
Southampton: 3

Sold Listings by Community/Area for 2008:
Bethany/Fenwick Area: 110 Single Family, 92 Condos. Total Listings: 132 Single Family, 167 Condos.
Ocean View Area: 213 Single Family, 157 Condos. Total Listings: 318 Single Family, 166 Condos.
Salt Pond: 5
Bethany Lakes: 3
Bear Trap: 3
Bethany West: 6
Southampton: 3
Clearwater: 6
Point Farm: 0
Blackwater Village: 3
Keenwik: 13
Keenwik West: 3
Keenwik Sound: 3
The Refuge at Dirickson Creek: 15
Bayside: 7
East of Route 1: 28 Single Family, 32 Condos
South Bethany (Canalfront): 24

New Construction Projects: Millville By The Sea, Bay Forest, The Refuge, Inlet At Pine Grove (Sold Out)

Showings On Our Listings: 40
Numbers do not include new construction communities.

The market overall this past year was very challenging from all aspects--home lenders, appraisers, huge amounts of inventory, the media, etc. Everyone who is impacted by the real estate market is happy that 2008 is over! We're looking forward to a better year in 2009.

Attached are pertinent articles for your review.

Please call me at any time to address your concerns or questions. I hope you will find the information helpful.

News Article 1.

News Article 2.


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