.jpg)
Weekly Ocean City Real Estate Market Report for the week of April 20 – April 26.
New Listings in Ocean City Maryland
Twenty-eight properties came on the market last week in Ocean City Maryland with an average list price of $599,200.
Click to see New Listings this week in Ocean City
Under Contract in Ocean City Maryland
Last week thirty-eight properties went under contract in Ocean City Maryland. The average time on the market before going pending was 19 days. The average list price of these properties was $477,600. Thirty-one 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
Thirty-five properties sold last week in Ocean City with an average sales price of $460,800. The average time on the market was 32 days and they sold for 99.3% 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 185 active listings in Ocean City, which includes condos, single family houses, town homes and duplexes. Short Sales and foreclosures in Ocean City make up 0% of available residential properties. Mortgage rates were around 6.5% on a 30 year fixed conventional loan.
To receive the Weekly Ocean City Market Report, email Corey@kenningtonrealty.com and place “Ocean City Market Report” in the subject line.
This report is offered free of charge by Kennington Realty A Buyer’s Agent, please consider using our services for your next real estate purchase.
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 4/20/23 through 4/26/23.