Ocean City Real Estate Report - Oct. 2016

Ocean City and Ocean Pines Market Report
nick@dwellinoc.com
443-614-9179
www.DwellinOC.com
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Property Search
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862
861
875
863
974
885
963
931
1000
885
879
976
945
1028
1014
1059
1041
1107
1091
1095
1054
1005
1073
990
1126
1105
1112
1130
1108
1143
1113
1104
1062
985
1006
1200
971
1400
1004
Ocean City
There are currently 861 homes, condos and
townhomes for sale in Ocean City, which
represents a 15% decrease in inventory from
2015.
997
Active Listings
Listing
Volum
e
800
Search All Ocean City Listings
600
400
200
0
Search All Ocean Pines Listings
185
164
185
178
171
155
149
147
139
150
126
202
164
216
201
235
220
221
207
179
169
164
205
171
228
257
241
262
257
229
210
169
167
177
200
171
250
195
300
190
Ocean Pines
There are currently 164 homes, condos and
townhomes for sale in Ocean Pines, which
represents an 18% decrease in inventory from
2015.
251
S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S
13
14
15
16
100
50
0
13
14
15
16
Active Listing Prices

550
500
343
342
341
339
345
341
338
339
339
337
340
352
348
356
355
346
344
342
350
337
341
330
348
350
350
349
348
351
349
332
348
347
340
339
353
400
346
450
351
Ocean City
The average price of active real estate listings
in Ocean City is currently $342,000 and the
median listing price is $290,000. The average
listing price for the year in Ocean City is
$341,000, which is a 2% decrease from 2015.
350
300
250
200
150
13
14
15
16
550
361
352
367
361
362
345
342
322
320
336
339
338
340
336
331
339
336
340
338
331
315
319
325
321
331
321
333
339
348
338
332
320
315
350
309
400
327
450
359
500
320
Ocean Pines
The average price of active real estate listings
in Ocean Pines is currently $352,000 and the
median listing price is $274,000. The average
listing price for the year in Ocean Pines is
$352,000, which is a 5% increase over 2015.
300
250
200
150
13
14
15
16

nick@dwellinoc.com
443-614-9179
www.DwellinOC.com
Listing Updates Get new listings that match your specifications delivered to your inbox.
92
86
112
134
131
102
89
71
57
58
80
101
88
84
99
77
59
72
63
53
101
87
95
115
79
87
68
41
60
View Ocean Citys Sold Listings
54
67
80
57
94
100
88
120
113
140
128
160
92
Ocean City
112 Ocean City properties went to settlement
during September bringing the total number of
sold listings for the year to 865, which
represents a 6% increase in market activity
over 2015.
133
Sold Listing Volume
40
20
0
13
14
15
16
Ocean Pines
33 Ocean Pines properties went to settlement
sold listings for the year to 289, which
represents a 6% increase in market activity
over 2015.
28
33
31
43
27
25
26
31
34
40
32
30
32
31
32
30
31
25
25
29
33
33
30
28
28
25
17
14
12
20
View Ocean Pines Sold Listings
25
27
17
22
30
25
40
31
39
50
42
60
10
0
13
14
15
16
Sold Listing Prices

500
308
295
271
272
289
282
324
266
295
277
287
258
299
281
301
285
291
286
303
286
277
288
325
251
267
298
263
293
295
263
260
300
275
266
307
350
307
400
293
450
306
Ocean City
The average sold price of Ocean City listings
that went to settlement during September was
$308,000 and the median sold price was
$253,000. The average sold price for the year
in Ocean City is $287,000, which is the same
as it was in 2015.
250
200
150
100
210
277
252
276
280
254
255
268
218
224
220
267
259
253
253
233
252
262
270
279
227
228
263
247
233
249
233
217
187
230
198
250
218
270
231
290
260
270
310
269
293
330
246
Ocean Pines
The average sold price of Ocean Pines
properties that went to settlement during
September was $252,000 and the median sold
listing price was $230,000. The average sold
price for the year in Ocean Pines is $256,000,
which is a slight increase over 2015.
303
13
14
15
16
190
170
150
13
14
15
16

nick@dwellinoc.com
443-614-9179
www.DwellinOC.com
Sold Listings View MLS reports for recently sold properties, sorted by property location
Average Sold Price/Sq. Ft.

Ocean City
The average sold price per square foot in
Ocean City during September was $265. The
average sold price per square foot for the year
in Ocean City is $246, which is a 2% decrease
from 2015.
250
265
258
235
249
238
239
255
241
250
233
249
239
261
257
254
253
240
253
235
251
259
248
242
249
239
248
242
258
238
248
234
240
231
232
300
265
261
273
350
200
150
100
13
14
15
16
Ocean Pines
The average sold price per square foot in
Ocean Pines during September was $145. The
average sold price per square foot for the year
in Ocean Pines is $147, which is the same as it
was in 2015.
145
169
143
150
160
145
150
128
130
133
160
154
162
151
135
134
151
154
155
152
145
138
148
157
148
143
150
139
152
146
128
150
121
137
145
144
200
138
170
250
100
50
S O N D J F M A M J J A S O N D J F M A M J J A S O D D J F M A M J J A S
13
14
15
16
Absorption Rates
Ocean City
The absorption rate in Ocean City currently
stands at 9 months, which is a 3 month
improvement over 2015.
30
25
20
15
11
12 12 12 12
13
14
15
14 14 14 14 14 14
13
12 12
13 13 13 13
12 12 12 12
11 11
10 10 10
11 11
10 10
10
5
0
S O N D J F M A M J J A S O N D J F M A M J
13
14
Ocean Pines
The absorption rate in Ocean Pines currently
stands at 5 months, which is a 2 month
improvement over 2015.
10
10 10
10
8
J A S
16
11 11 11
12
J A S O N D J F M A M J
15
8
7
8
7
6.5
7
6
8
7
6.5
6
5
5
4
6
5
4
2
0
S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J
13
14
15
J A S
16

nick@dwellinoc.com
443-614-9179
www.DwellinOC.com
Property Values Get a current market valuation of your property emailed to you
Sold to List Price Ratios
96%
96%
94%
96%
95%
96%
94%
93%
95%
94%
95%
95%
95%
96%
95%
95%
95%
94%
94%
95%
94%
95%
95%
94%
94%
95%
94%
95%
95%
94%
95%
94%
95%
94%
96%
95%
97%
94%
98%
95%
99%
97%
100%
95%
Ocean City
Ocean City properties that went to settlement
during September sold on average at 96% of
the listing price. The average sold to list price
ratio for the year in Ocean City is 95%, which is
unchanged from 2015.
93%
92%
91%
90%
96%
97%
97%
96%
97%
98%
96%
95%
95%
96%
96%
98%
97%
97%
96%
96%
95%
96%
96%
96%
96%
95%
97%
97%
97%
96%
95%
94%
95%
96%
95%
96%
94%
97%
96%
98%
96%
99%
96%
98%
100%
95%
Ocean Pines
Ocean Pines properties that went to settlement
during September sold on average at 96% of
the listing price. The average sold to list price
ratio for the year in Ocean Pines is 96%, which
is unchanged from 2015.
97%
13
14
15
16
94%
93%
92%
91%
90%
13
14
15
16
150
147
153
201
194
174
163
190
166
194
194
168
161
151
140
198
181
178
155
181
170
156
166
158
152
200
205
143
156
145
134
169
200
141
250
195
198
244
300
111
Ocean City
Ocean City properties that went to settlement
during September averaged 147 days on the
market. Average days on market for the year
in Ocean City are 183, which is a 12% increase
over 2015.
263
Average Days on Market
100
50
0
13
14
15
16
92
85
87
68
100
95
110
93
108
96
90
114
138
164
169
134
110
98
90
122
125
130
115
118
101
143
150
84
100
97
89
128
129
150
157
200
156
185
197
250
118
Ocean Pines
Ocean Pines properties that went to settlement
during September averaged 92 days on the
market. Average days on market for the year
in Ocean Pines are 99, which is a 28%
decrease from 2015.
50
0
13
14
15
16

nick@dwellinoc.com
443-614-9179
www.DwellinOC.com
Community Pages Find all of the relevant information for each OC market area in one place
40
99
110
104
109
130
85
80
85
50
27
33
60
View Pending Sales in Ocean City
128
108
108
96
113
99
90
69
71
110
119
82
97
95
106
78
77
57
74
55
80
74
100
86
97
120
112
140
113
Ocean City
99 Ocean City properties went under contract
in Ocean City during September bringing the
total number of pending listings for the year to
953, which represents a 4% increase in market
activity over 2015.
124
Under Contract Listing Volume
20
0
13
14
15
16
32
30
29
24
19
24
36
38
43
36
39
37
27
34
33
33
30
33
31
24
29
30
36
36
35
35
30
20
19
30
21
26
40
33
38
50
41
52
60
40
Ocean Pines
41 Ocean Pines properties went under contract
pending listings for the year to 313, which
represents a slight increase in activity over
2015.
20
9
View Pending Sales in Ocean Pines
10
0
13
14
15
16
281
301
349
295
308
304
300
306
282
314
304
300
315
271
282
320
309
319
285
321
308
354
296
292
328
272
294
291
281
244
293
320
253
288
294
600
550
500
450
400
350
300
250
200
150
100
334
Ocean City
The average price of Ocean City properties that
went under contract during September was
$301,000 and the median pending listing price
was $250,000. The average pending listing
price for the year in Ocean City is $303,000,
which is unchanged from 2015.
302
Under Contract Listing Prices
13
14
15
16
307
261
303
262
260
284
275
222
273
307
296
276
302
293
290
281
243
252
276
281
264
260
249
252
262
245
271
243
236
238
233
236
191
250
264
300
285
350
285
400
235
Ocean Pines
The average price of Ocean Pines properties
that went under contract during September was
$307,000 and the median pending listing price
was $253,000. The average pending listing
price for the year in Ocean Pines is $272,000,
which is down slightly from 2015.
200
150
100
13
14
15
16

nick@dwellinoc.com
443-614-9179
www.DwellinOC.com
Blog Articles View helpful articles that can assist you with buying and selling real estate
New Listing Volume

Ocean City
143 new properties were listed in Ocean City
new listings for the year to 1296, which is a 3%
decrease from 2015.
143
135
131
138
79
130
196
111
155
157
183
142
140
123
126
183
146
167
89
148
126
153
136
145
140
110
164
153
150
150
133
71
61
100
58
View Ocean Citys New Listings
123
150
136
200
152
250
50
0
37
46
42
48
62
52
45
45
41
24
35
38
41
51
53
16
11
24
36
36
39
11
20
19
30
21
25
27
33
34
32
40
View Ocean Pines New Listings
41
50
41
60
51
56
70
52
66
80
51
Ocean Pines
37 new properties were listed in Ocean Pines
new listings for the year to 407, which is a 2%
increase over 2015.
67
13
14
15
16
10
0
13
14
15
16
New Listing Prices
331
364
339
334
300
351
327
340
334
314
297
317
334
317
360
358
316
321
343
333
360
286
336
336
312
370
307
344
328
296
334
370
301
329
289
400
363
500
325
Ocean City
The average price of new Ocean City listings
during September was $331,000 and the
median new listing price was $275,000. The
average new listing price for the year in Ocean
Pines is $336,000, which is unchanged from
2015.
300
200
100
13
14
15
16
266
375
296
382
303
357
357
364
299
318
285
300
333
292
329
309
307
306
327
353
262
302
268
318
281
325
204
300
264
276
325
334
324
361
315
336
400
360
500
280
Ocean Pines
The average price of new listings in Ocean
Pines during September was $266,000 and the
median new listing price was $235,000. The
average new listing price for the year in Ocean
Pines is $333,000, which is a 6% increase over
2015.
200
100
13
14
15
16

Ocean City Real Estate Report - Oct. 2016

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Ocean City Real Estate Report - Oct. 2016

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Format Tersedia

Ocean City and Ocean Pines Market Report

Search All Ocean City Listings

Search All Ocean Pines Listings

Active Listing Prices

Ocean City and Ocean Pines Market Report

View Ocean Citys Sold Listings

Sold Listing Volume

View Ocean Pines Sold Listings

Sold Listing Prices

Ocean City and Ocean Pines Market Report

Average Sold Price/Sq. Ft.

Ocean City and Ocean Pines Market Report

Sold to List Price Ratios

Average Days on Market

Ocean City and Ocean Pines Market Report

View Pending Sales in Ocean City

Under Contract Listing Volume

View Pending Sales in Ocean Pines

Under Contract Listing Prices

Ocean City and Ocean Pines Market Report

New Listing Volume

View Ocean Citys New Listings

View Ocean Pines New Listings

New Listing Prices

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