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MESSAGE FROM LESLIE
INQUIRIES STRONG
Through
January 27, there were only three single-family homes under contract in the
Bethany/Fenwick area compared to five a year earlier. On the other hand, twelve condo/townhomes
were under contract compared to only five in 2009. This continues last year's trends, a weaker
single-family market but good growth at the lesser price points.
That
said, recent inquiries are strong on both fronts. And the quality of those inquiries is
excellent as well. In fact, for January,
inquiries and showings are as strong as I have seen them in many years.
Price
is still important. Nevertheless, even
though some properties remain over-priced, I would be surprised if we see many
further reductions off price points where sales are taking place today. In other words, we are reaching price
stability. An exception might be in
areas where few sales have actually taken place during this downturn. In those cases, prices may have more room to
drop.
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435 Lekites Avenue, Beach Hollow
Bethany Beach
$315,000
This lovely 3 BR, 2.5 BA, in one of Bethany
Beach's small communities, is only a short 4-5 block walk to the beach and on a
quiet cul de sac. Community pool and furnished.
Click toview: Lekites Fact Sheet| Lekites Virtual Tour
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223 Wellington Parkway
Bethany Beach.
$695,000
This corner
Oceanside lot is situated on one of the prettiest streets in Bethany. With 50' frontage and a new home being built
next door, this lot is one to see.
Click to view: Wellington Fact Sheet
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780 Half Moon Drive, Bethany West
Bethany Beach
$395,000
You don't want to miss this classic 4br and
2ba beach cottage in the town limits of Bethany with access to the community
pools, tennis and amenities. Freshly painted interior and ready for
summer enjoyment. furnished.
Click to view: Half Moon Fact Sheet
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145 Layton Drive
South Bethany.
$745,000
This canalfront
4br 3ba home with boat dockage and a garage has been meticulously
cared for and offers easy access to the beach. The spacious interior
includes a second living area, sunroom and gas fireplace. Furnished.
Click to view: Layton Fact Sheet
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80 Pine Reach, Henlopen
Acres.
Rehoboth Beach
$1,385,000
Within
the prestigious Rehoboth Town this classic 3BR 2.5BA vacation or year-round
residence has a sophisticated interior and been lovingly cared for. Amenities
include access to the private beach
club and marina.
Click to view: Pine Fact Sheet
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401 Tamarack Drive, Cat Hill
South
Bethany
Was $599,000 NOW $565,900
This exceptional 4 BR 3 BA beach home has been
lovingly cared for and in excellent condition. With a huge screened porch and
deck nestled in trees, this home is only a short distance to the beach.
Click to view: Tamarack Fact Sheet | Tamarack Virtual Tour
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423 Periwinkle Road, Cat Hill
South Bethany
Was $275,000 NOW $229,000
Attractive
building lot in South Bethany with mature trees as a setting. Lot size is 57' x 85'.
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