Real Estate Market

Featured Listing

Featured Listing

For Sale: $619,900

More Information

May Events at the Beach!

May Events at the Beach

Now that the weather is heating up, so are the events at the beach!
Check out what is happening this May....

May is here and so begins the summer season at Maryland/ Delaware Beaches! 

Bring your sunscreen, beach towel, a big appetite and prepare to unwind on your beach getaway! Here are some travel tips for Maryland and Delaware plus, a list of events and things to do. 

Tips:

While you are out and about, search for nearby Delaware restaurants, hotels and attractions on our mobile friendly website at http://m.visitdelaware.com. Learn more about Maryland and Delaware Beaches at http://www.visitdelaware.com/things-to-do/beaches and http://ococean.com/things-to-do

   ∙ Find Delaware deals including discounts at attractions, hotels and on vacation rentals at http://www.visitdelaware.com/visitors/coupons-special-offers

   ∙ Planning a Memorial Day BBQ? Serve up some local flavor by offering local wine and beer from the locations on the Delaware Wine and Ale Trail.

   ∙ Summer in Delaware also means its time for delicious steamed crabs! Learn how to pick and eat a steamed crab from a Delaware waterman and you’ll be the envy at your next crab feast! 

   ∙ The Cape May Lewes Ferry is a 90-minute scenic ride for travelers visiting the Delaware beach area. Vehicle and foot passengers can purchase tickets online or at the ferry terminal. If you’re a vehicle passenger it highly recommended to make a reservation. 

http://capemaylewesferry.com/SchedulesandFares/tabid/88/Default.aspx

   ∙ The Jolly Trolley Shuttle Service is a convenient way to travel between Rehoboth Beach and Dewey Beach.  The Bethany Beach Trolly with stops through the Town of Bethany Beach http://www.townofbethanybeach.com/268/Trolley, and Ocean City MD transportaton information: http://www.oceancity.com/getting-around/

   ∙ Use the DART First State’s Park and Ride lot located on Shuttle Rd. off of Delaware Rt. 1, north of Rehoboth Avenue to ride in comfort to the outlets, boardwalk and beach areas. Park for $8.00 and receive up to 4 free unlimited ride daily bus passes. All buses are air conditioned and equipped with wheelchair lifts and can carry 2 bikes. DART’s Route 305 Beach Connection, operates from Memorial Day weekend to Labor Day weekends and provides service from Wilmington to Rehoboth Beach on Friday – Sunday nights. For more information, go to http://www.dartfirststate.com/index.shtml.  

   ∙ Please check with the individual beach towns or chambers of commerce for details about parking, pets on the beach, etc.


  


Market minute March

 
 
Focus On: Bethany, Fenwick, and Ocean View Housing Market March 2017
Zip Code(s): 19930, 19944, 19970 and 19967
Units Sold
80
Active Inventory
611
Median Sale Price
$347,500
Days On Market
157
Up
Vs. Year Ago
Down -16%
Vs. Year Ago
Down -1%
Vs. Year Ago
Down -29%
Vs. Year Ago
iCharts Units SoldThere was an increase in total units sold in March, with 80 sold this month in Bethany, Fenwick, and Ocean View Real Estate. This month's total units sold was higher than at this time last year.
Click here to compare the units sold of this area against other locations.
Active InventoryVersus last year, the total number of homes available this month is lower by 119 units or 16%. The total number of active inventory this March was 611 compared to 730 in March 2016. This month's total of 611 is higher than the previous month's total supply of available inventory of 586, an increase of 4%.
Click here to compare the active inventory of this area against other locations.
iCharts
iCharts Median Sale PriceLast March, the median sale price for Bethany, Fenwick, and Ocean View Homes was $350,000. This March, the median sale price was $347,500, a decrease of 1% or $2,500 compared to last year. The current median sold price is 4% higher than in February.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
Click here to compare the median sale price of this area against other locations.
 
 
 
New Listings
134
Current Contracts
86
Sold Vs. List Price
95.9%
Months of Supply
7.6
No Change
Vs. Year Ago
Up 87%
Vs. Year Ago
Up 1.1%
Vs. Year Ago
Down -45%
Vs. Year Ago
iCharts Months of SupplyIn March, there was 7.6 months of supply available in Bethany, Fenwick, and Ocean View, compared to 13.8 in March 2016. That is a decrease of 45% versus a year ago.
Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
Click here to compare the months of supply of this area against other locations.
New Listings & Current ContractsThis month there were 134 homes newly listed for sale in Bethany, Fenwick, and Ocean View, which is similar to the amount in March 2016. There were 86 current contracts pending sale this March compared to 46 a year ago. The number of current contracts is 87% higher than last March.
Click here to compare the new listings of this area against other locations.
Click here to compare the current contracts of this area against other locations.
iCharts
iCharts Sale Price to List Price RatioIn March, the average sale price in Bethany, Fenwick, and Ocean View was 95.9% of the average list price, which is 1.1% higher than at this time last year.
Click here to compare the sale price to list price ratio of this area against other locations.
Days on MarketThis month, the average number of days on market was 157, lower than the average last year, which was 220, a decrease of 29%.
Click here to compare the days on market of this area against other locations.
iCharts
 
Bethany, Fenwick, and Ocean View are defined as properties listed in zip code/s 19930, 19944, 19970 and 19967.
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
Information included in this report is based on data supplied by SCAOR and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of SCAOR or Long & Foster Real Estate, Inc.

Seafood Boil

If you don't already live at the beach, you're likely stuck in traffic and dreaming of all the things you're going to do once you get there. Naturally, our beach dreams involve stuffing our faces with all manner of grilled things, seafood, and icy drinks. Here is one of my favorites!

INGREDIENTS:

  • 1 1/2 pounds large shrimp, peeled and deveined and or calms/ mussels
  • 1 (12.8-ounce) package smoked andouille sausage, thinly sliced
  • 2 ears corn, each cut crosswise into 4 pieces
  • 1 pound baby red potatoes, halved
  • 2 tablespoons olive oil
  • 4 teaspoons cajun seasoning
  • Kosher salt and freshly ground black pepper, to taste
  • 2 tablespoons chopped fresh parsley leaves

DIRECTIONS:

  1. Preheat a gas or charcoal grill over high heat.
  2. Cut four sheets of foil, about 12-inches long. Divide shrimp, sausage, corn and potatoes into 4 equal portions and add to the center of each foil in a single layer.
  3. Fold up all 4 sides of each foil packet. Add olive oil, cajun seasoning, salt and pepper, to taste; gently toss to combine. Fold the sides of the foil over the shrimp, covering completely and sealing the packets closed.
  4. Place foil packets on the grill and cook until just cooked through, about 12-15 minutes.*
  5. Served immediately, garnished with parsley, if desired.

Contact Information

Photo of Ashley Brosnahan Beach Team Real Estate
Ashley Brosnahan Beach Team
Long & Foster Realtors
33298 S. Coastal Highway
Bethany Beach DE 19930
Ashley: (302) 841-4200
Heather: (302) 858-7805 Neil: (302) 462-6196