Bethany Beach Real
                Estate
Bethany Beach Real Estate
Market Update
8/12/08-9/19/08
Current Number Of Listings In Bethany/Fenwick (All Companies):

235 Single Family, 261 Condos

New Listings, Bethany/Fenwick (All Companies):

33 Single Family, 34 Condos

Pending Listings, 8/12/08-9/19/08

17 Single Family, 25 Condos

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

13 Single Family, 16 Condos

Closed Listings:

15 Single Family, 9 Condos

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

470 Single Family, 286 Condos

New Listings, Ocean View (All Companies):

77 Single Family , 38 Condos

Pending Listings, 8/12/08-9/19/08

47 Single Family, 31 Condos

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

23 Single Family, 19 Condos

Closed Listings:

23 Single Family, 14 Condos

Showings On Our Listings: 317
Numbers do not include new construction communities.

The last two weeks in August were very slow. The market picked up during the first two weeks of September, in spite of the current financial market.

Sellers need to be realistic in their pricing when they list. When you get an very low offer, don't be insulted--it's the nature of today's buyer.

FYI: The interest rate dropped to 5.675% for a 30-year fixed mortgage with no points.

Attached are pertinent news 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 Articles.


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