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Weekly Ocean City Real Estate Market Report for the week of October 7 – October 13.
New Listings in Ocean City Maryland
Thirty-two properties came on the market last week in Ocean City Maryland with an average list price of $542,600.
Click to see New Listings this week in Ocean City
Under Contract in Ocean City Maryland
Last week twenty-three properties went under contract in Ocean City Maryland. The average time on market before going pending was 34 days. The average list price of these properties was $469,800. Thirteen properties where on the market 30 days or less.
Click to see Under Contract this week in Ocean City
Sold Listings in Ocean City Maryland
Forty-two properties sold last week in Ocean City with an average sales price of $480,500. The average time on market was 21 days and they sold for 99% of the list price.
Click to see what Sold this week in Ocean City
Condos and Homes for Sale in Ocean City Maryland
Currently, there are 221 active listings in Ocean City, which includes condos, single family houses, town homes and duplexes. Short Sales and foreclosures in Ocean City make up .5% of available residential properties. Mortgage rates were around 3.25% on a 30 year fixed conventional loan.
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Information compiled by Inc. is deemed to be reliable but is not guaranteed © 2016 MLS and FBS. Based on information from the Coastal Association of Realtors® for the period 10/7/21 through 10/13/21.