Bethany Beach Real
                Estate
Bethany Beach Real Estate
Market Update
2/26/08-3/3/08
Current Number Of Listings InBethany/Fenwick (All Companies):

225 Single Family, 289 Condos

Currently Pending Listings:

15 Single Family, 10 Condos

New Listings, Bethany/Fenwick (All Companies):

7 Single Family, 8 Condos

Pending Listings, 2/26-3/3

2 Single Family, 1 Condos

Closed Listings:

1 Single Family, 3 Condos

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

417 Single Family, 272 Condos

Currently Pending Listings:

35 Single Family, 24 Condos

New Listings, Ocean View (All Companies):

14 Single Family, 5Condos

Pending Listings, 2/26-3/3

4 Single Family, 2 Condos

Closed Listings:

1 Single Family, 6 Condos

Totals For The Area, 2/26-3/3:
Active Listings:

1203

Under Contract:

84

New Listings:

34

Under Contract:

9

Sold:

11

Showings On Our Listings: 28
Numbers do not include new construction communities.

Over the weekend, I had a client looking for a home in the $500K range. The buyers had looked at a new construction community. With the huge incentives/discounts that the builder was offering, it was very difficult to compete. After looking at 10 resales, they decided that the new construction community was the best buy.

Showings were down last week. Hopefully, with the warm weather this week, we will have a busy weekend!

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

Bethany Beach Real Estate
Bethany Beach Real Estate
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