Realty Times - Bethany Beach, Delaware Real Estate Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Delaware > Bethany Beach
Sea Colony - West Bethany

Market Conditions Summary for Bethany Beach, Delaware

Reported by

Joyce Henderson
as of 1/9/2012:

Happy New Year! 2011 ended with 25 oceanside homes, exclusing North Bethany, selling ranging from sold prices of $695,000 to $3,075,000. Compared to 2010 that saw the same amount of homes - 25 - selling at sold prices ranging from $625,000 to... MORE->
About Joyce Henderson

Reported by
Chris Kavanagh
as of 12/11/2011:

Sales of luxury homes($1,000,000+)in Bethany Beach and North Bethany have surged in the past 12 months, 32 vs 21 in the previous 12 months with the average sale price $1,765,838 vs $1,490,238 the previous 12 months. Prices are at a point that the... MORE->

Reported by
Chris Kavanagh
as of 8/7/2011:

Bethany Beach Update 8/7/11. Sales of single family and townhomes/condos have reversed the trend set earlier in the year. Through 8/7/11 90 single family homes and townhomes/condos have sold vs 102 for the same period in 2010. With abundant... MORE->

Reported by
Chris Kavanagh
as of 5/4/2011:

Bethany Beach 2011 first quarter report. Sales of single family homes and condo/townhomes are just about even with last year 27 vs. 28 with single family homes setting the pace. 9 single family homes sold in the first quarter vs 5 in 2010. The... MORE->

Reported by
Chris Kavanagh
as of 1/24/2011:

2010 Year End Report.According to the Sussex County MLS sales of single family homes & townhomes/condos in Bethany Beach were UP significantly 176 vs. 123 in 2009. The average sale price in 2010 $505,297 vs. $603,786 in 2009 DOWN significantly. With... MORE->

Reported by
Chris Kavanagh
as of 10/12/2010:

Through 9/30/10 sales of single family homes & townhomes in Bethany Beach are up 32.63% vs 2009 (126 vs. 95)and the average property value of sold homes is down 19.94% vs 2009. With mortgage interest rates at an all time low, sale prices adjusting... MORE->

Reported by
Chris Kavanagh
as of 8/23/2010:

Sales of single family homes and townhomes in Bethnay Beach are up 72% over last year and prices are down 22% over last... MORE->

Average Current Market Rating: 1.3 (7 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2.3 (7 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > Delaware > Bethany Beach
Sea Colony - West Bethany

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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Mortgage Rates
30 Year Fixed: 3.87%
15 Year Fixed: 3.16%
1 Year Adj: 2.78%
(U.S. Weekly Averages)

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