Bethany Beach Real
                Estate
Bethany Beach Real Estate
Market Update
2/24/10-3/15/10
Active Listings, Bethany/Fenwick Area (All Companies):

228 Single Family, 271 Condos

New Listings, Bethany/Fenwick Area (All Companies):

17 Single Family, 25 Condos

Pending Listings:

15 Single Family, 9 Condos

Currently Pending Listings (2/24-3/15):

8 Single Family, 4 Condos

Sold Listings:

3 Single Family, 10 Condos

Active Listings, Ocean View Area (All Companies):

405 Single Family, 239 Condos

New Listings, Ocean View Area (All Companies):

38 Single Family, 24 Condos

Pending Listings:

35 Single Family, 14 Condos

Currently Pending Listings (2/24-3/15):

7 Single Family, 5 Condos

Sold Listings:

12 Single Family, 5 Condos

Showings On Our Listings: 56
Numbers do not include new construction communities.

After 3 major snow storms plus a 10 day monsoon - the spring weather has arrived and so have the buyers. We have seen a great deal of activity in the lower price points (300 to 500) and limited activity on the $1 million plus listings. Buyers are still very cautious - sometimes looking at a place 3 to 4 times before making an offer plus doing their due diligence. Based on the level of activity the past couple of weeks, I think we are going to have a decent 2nd quarter. We have also been very busy with our listings, major price reductions plus new listings. Please check out our website.

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

Attached is a pertinent article for your review.

News Article.


Bethany Beach Real Estate
Bethany Beach Real Estate
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