Ocean City Real Estate Report - Apr. 2015
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Transcript of Ocean City Real Estate Report - Apr. 2015
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Ocean City There are currently 1095 condos, town homes and single family homes for sale in Ocean City, which is down slightly from 2014. Search All Ocean City Listings
Ocean Pines There are currently 179 town homes, condos and single family homes for sale in Ocean Pines, which is down by 15% from 2014. Search All Ocean Pines Listings
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Ocean City The average active listing price in Ocean City is $350,000 and the median listing price is $289,000. This brought the average active listing price for the year in Ocean City to $343,000, which is virtually unchanged from 2014.
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Ocean Pines The average active listing price in Ocean Pines is currently $338,000 and the median listing price is $272,000. This brought the average active listing price for the year in Ocean Pines to $331,000, which is unchanged from 2014.
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Active Listing Prices
Active Listing Volume
Ocean City and Ocean Pines Market Report Nicholas Bobenko Email: [email protected] Direct: 443-614-9179 Web: www.DwellinOC.com
Property Search - Access the most advanced and easy to use property search in the area
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Ocean City 77 properties went to settlement in Ocean City during March bringing the total number of sold properties for the year to 189, which is a 16% increase in activity over 2014. View Ocean Citys Sold Listings
Ocean Pines 31 Ocean Pines properties went to settlement during March bringing the total number of sales for the year to 85. This represents a 67% increase in activity over 2014. View Ocean Pines Sold Listings
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Ocean City The average sold price in Ocean City during March was $286,000 and the median sold price was $253,000. The average sold price for the year in Ocean City is $289,000, which is up by 9% over 2014.
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Ocean Pines The average sold price in Ocean Pines during March was $270,000 and the median sold price was $220,000. This brought the average sold price for the year in Ocean Pines to $259,000, which is a 12% increase over 2014.
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Sold Listing Prices
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Listing Updates Get new listings that match your specifications delivered to your inbox.
Ocean City and Ocean Pines Market Report Nicholas Bobenko Email: [email protected] Direct: 443-614-9179 Web: www.DwellinOC.com
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Ocean City The average sold price per square foot in Ocean City during March was $253. The average sold price for the year in Ocean City is $251, which is up by 7% over 2014.
Ocean Pines The average sold price per square foot in Ocean Pines during March was $152. This brought the average sold price per square foot for the year to $145, which is down by 4% from 2014. 1
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Ocean City The absorption rate in Ocean City currently stands at 13 months, which is a 1 month improvement over March of 2014. 19 18 18 17 17 16 16 15 14 13 13 13 14 14.5 15 12 11 11 11 12 12 12 12 13
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Ocean Pines The absorption rate in Ocean Pines currently stands at 6 months, which is a 2 month improvement over March of 2014.
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Absorption Rates
Average Sold Price/Sq. Ft.
Ocean City and Ocean Pines Market Report Nicholas Bobenko Email: [email protected] Direct: 443-614-9179 Web: www.DwellinOC.com
Sold Listings View MLS reports for recently sold properties, sorted by property location
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Ocean City The sold to list price ratio in Ocean City for March was 95%. This brought the average for the year to 94%, which is unchanged from 2014.
Ocean Pines The average sold to list price ratio for Ocean Pines properties that sold during March was 94%. This brought the average sold to list price ratio for the year to 95%, which is down by 1 point from 2014.
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Ocean City Properties that sold in Ocean City during March averaged 178 days on the market. Average days on market for the year in Ocean City is 176, which is a 17% improvement over 2014.
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Ocean Pines Properties that sold in Ocean Pines during March averaged 134 days on the market. For the year in Ocean Pines sold properties are averaging 147 days on the market, which is an 11% increase over 2014.
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Average Days on Market
Sold to List Price Ratios
Ocean City and Ocean Pines Market Report Nicholas Bobenko Email: [email protected] Direct: 443-614-9179 Web: www.DwellinOC.com
Property Values Get a current market valuation of your property emailed to you
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Ocean City 124 properties went under contract in Ocean City during March bringing the total for the year to 275, which is a 19% increase in activity over 2014. View Pending Sales in Ocean City
Ocean Pines 30 properties went under contract in Ocean Pines during March bringing the total for the year to 94, which is a 32% increase in activity over 2014. View Pending Sales in Ocean Pines
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Ocean City The average price of properties that went under contract in Ocean City during March was $285,000 and the median price was $246,000. This brought the average pending listing price for the year to $305,000, which is a 6% increase over 2014.
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Ocean Pines The average price of properties that went under contract in Ocean Pines during March was $276,000 and the median price was $203,000. This brought the average pending listing price for the year in Ocean Pines to $274,000, which is up by 9% over 2014.
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Under Contract Listing Prices
Under Contract Listing Volume
Ocean City and Ocean Pines Market Report Nicholas Bobenko Email: [email protected] Direct: 443-614-9179 Web: www.DwellinOC.com
Community Pages Find all of the relevant information for each OC market area in one place
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Ocean City 167 new properties were listed in Ocean City during March bringing the total number of new listings for the year to 441, which is up by 2% over 2014. View Ocean Citys New Listings
Ocean Pines 41 new properties were listed in Ocean Pines during March bringing the total for the year to 113, which is virtually unchanged from 2014. View Ocean Pines New Listings
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Ocean City The average price of new listings in Ocean City during March was $345,000 and the median new listing price was $270,000. This brought the average new listing price for the year to $345,000, which is down by 3% from 2014.
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Ocean Pines The average price of new listings in Ocean Pines during March was $327,000 and the median new listing price was $260,000. This brought the average new listing price for the year to $314,000, which is down by 6% from 2014.
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New Listing Prices
New Listing Volume
Ocean City and Ocean Pines Market Report Nicholas Bobenko Email: [email protected] Direct: 443-614-9179 Web: www.DwellinOC.com
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