Ocean City Real Estate Report - Jan. 2017

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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804
899
864
861
863
862
885
875
931
963
974
885
1000
879
976
945
1028
1014
1059
1041
1107
1091
1095
1054
1005
1073
990
1126
1105
1112
1130
1108
1143
1113
1104
1200
1062
1400
985
Ocean City
There are currently 805 condos, townhomes
and homes for sale in Ocean City. This
represents a 9% decrease in inventory from
last year.
971
Active Listings
Listing
Volum
e
800
Search All Ocean City Listings
600
400
200
0
Search All Ocean Pines Listings
120
144
164
155
185
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
169
200
171
250
229
210
300
167
Ocean Pines
There are currently 120 homes, condos and
townhomes for sale in Ocean Pines. This
represents a 14% decrease in activity from last
year.
251
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 O N D
13
14
15
16
100
50
0
13
14
15
16
Active Listing Prices

550
356
350
342
343
339
341
345
341
339
338
337
340
339
352
348
356
355
346
344
342
350
337
341
330
348
350
350
349
348
351
349
348
332
347
400
340
450
364
500
339
Ocean City
The average price of active real estate listings
in Ocean City is $364,000 and the median
listing price is $299,000. The average listing
price for the year in Ocean City was $345,000,
which was unchanged from 2015.
350
300
250
200
150
13
14
15
16
550
339
341
352
350
367
361
361
362
345
342
322
336
320
339
338
340
336
331
339
336
340
338
331
315
319
325
321
331
333
339
348
338
321
350
332
400
320
450
359
500
315
Ocean Pines
The average price of active real estate listings
in Ocean Pines is $339,000 and the median
listing price is $256,000. The average listing
price for the year in Ocean Pines was
$350,000, which was 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.
90
71
86
92
100
112
134
131
102
71
57
58
80
89
101
88
84
99
77
59
53
72
63
101
95
87
41
60
View Ocean Citys Sold Listings
54
57
80
68
100
79
87
120
115
113
140
128
160
92
Ocean City
100 Ocean City properties went to settlement
during December bringing the total number of
sold listings for the year to 1126, which
represented a 6% increase in market activity
over 2015.
133
Sold Listing Volume
40
20
0
13
14
15
16
Ocean Pines
37 Ocean Pines properties went to settlement
sold listings for the year to 401, which
represented a 5% increase in market activity
over 2015.
28
32
33
31
37
43
43
27
25
26
31
34
40
32
30
32
31
32
30
31
25
17
25
29
33
33
30
28
28
12
17
20
View Ocean Pines Sold Listings
14
30
25
25
40
31
39
50
42
60
10
0
13
14
15
16
Sold Listing Prices

500
284
252
275
308
295
271
272
289
282
324
266
277
295
287
258
299
281
301
285
291
286
303
286
293
288
325
251
267
298
263
293
295
263
300
275
350
260
400
277
450
266
Ocean City
The average sold price in Ocean City during
December was $284,000 and the median sold
price was $242,000. The average sold price
for the year in Ocean City was $283,000, which
was a 1% decrease from 2015.
250
200
150
100
210
254
273
276
277
252
254
218
224
255
268
280
303
220
267
259
253
253
233
252
262
270
279
228
227
263
247
233
187
230
217
250
249
270
233
260
290
231
310
269
293
330
198
Ocean Pines
The average sold price in Ocean Pines during
December was $254,000 and the median sold
price was $222,000. The average sold price
for the year in Ocean Pines was $262,000,
which was a 2% increase over 2015.
316
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 December was $249. The
average sold price per square foot for the year
in Ocean City was $247, which was unchanged
from 2015.
250
260
249
265
241
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
234
231
232
240
300
248
350
200
150
100
13
14
15
16
Ocean Pines
The average sold price per square foot in
Ocean Pines during December was $145. The
average sold price per square foot for the year
in Ocean Pines was $147, which was
unchanged from 2015.
159
145
143
145
169
143
150
160
145
150
128
130
133
160
154
162
151
135
151
134
154
155
152
145
138
148
157
148
150
152
143
128
150
139
121
146
200
138
170
250
100
50
13
15
15
16
Absorption Rates
Ocean City
The absorption rate in Ocean City currently
stands at 9 months, which is a one month
improvement from 2015.
30
25
20
15
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
10
5
0
13
14
15
16
Ocean Pines
The absorption rate in Ocean City currently
stands at 4 months, which is unchanged from
2015.
11 11 11
12
10
8
8
6
10 10
10
8
7
8
7
6.5
7
6
8
7
6.5
6
5
5
4
6
5
5
4
4
2
0
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 O N D
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%
95%
95%
97%
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%
95%
95%
94%
95%
94%
96%
94%
97%
95%
98%
95%
99%
96%
100%
94%
Ocean City
Ocean City properties that went to settlement
during December sold on average at 95% of
the listing price. The average sold to list price
ratio for the year in Ocean City was 95%, which
was unchanged from 2015.
93%
92%
91%
90%
96%
97%
96%
96%
97%
97%
96%
97%
98%
96%
95%
95%
96%
96%
98%
97%
97%
96%
96%
95%
96%
96%
96%
96%
97%
97%
96%
95%
94%
95%
95%
96%
96%
97%
95%
98%
97%
99%
96%
98%
100%
94%
Ocean Pines
Ocean Pines properties that went to settlement
during December sold on average at 96% of
the listing price. The average sold to list price
ratio for the year in Ocean Pines was 96%,
which was unchanged from 2015.
97%
13
14
15
16
94%
93%
92%
91%
90%
13
14
15
16
188
184
181
147
153
201
194
174
163
190
166
194
194
168
161
151
198
140
181
155
178
181
170
156
166
158
152
200
205
143
156
200
145
250
195
198
244
300
134
Ocean City
Ocean City properties that went to settlement
during December averaged 188 days on the
market. Average days on market for the year
in Ocean City were 184, which was a 6%
increase over 2015.
263
Average Days on Market
150
100
50
0
13
14
15
16
130
122
116
92
85
87
68
100
95
110
93
108
114
96
90
110
134
138
164
169
98
90
122
125
130
115
118
101
84
100
150
143
97
150
157
200
156
185
197
250
128
Ocean Pines
Ocean Pines properties that went to settlement
during December averaged 130 days on the
market. Average days on market for the year
in Ocean Pines were 105, which was a 19%
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
90
99
80
110
104
109
130
85
80
85
42
50
27
40
33
60
View Pending Sales in Ocean City
128
108
108
96
113
99
90
69
71
110
119
82
97
95
106
57
80
78
77
100
86
97
120
112
140
113
Ocean City
42 Ocean City properties went under contract
contracts written for the year to 1165, which
represents a 2% increase in market activity
over 2015.
124
Under Contract Listing Volume
20
0
13
14
15
16
27
25
41
32
30
29
24
24
36
38
43
36
39
37
27
34
33
33
30
33
31
24
29
30
36
36
19
20
21
30
View Pending Sales in Ocean Pines
35
30
40
35
38
50
39
52
60
40
Ocean Pines
25 Ocean Pines properties went under contract
contracts written for the year to 404, which was
a 1% decrease in market activity from 2015.
20
10
0
13
14
15
16
Under Contract Listing Prices

500
322
287
260
281
301
349
295
308
304
300
306
282
314
304
300
271
315
309
282
320
319
285
321
308
354
296
292
328
272
294
291
281
244
300
320
350
288
400
293
450
253
Ocean City
The average price of Ocean City properties that
went under contract during December was
$322,000 and the median pending price was
$239,000. The average pending sale price for
the year in Ocean City was $300,000, which
was a 1% decrease from 2015.
250
200
150
100
13
14
15
16
283
254
307
283
261
303
262
260
284
275
273
307
296
302
276
293
290
281
243
252
276
281
264
260
249
252
262
245
271
243
236
222
250
238
300
233
285
350
285
400
191
Ocean Pines
The average price of Ocean Pines properties
that went under contract during December was
$254,000 and the median pending listing price
was $202,000. The average pending listing
price for the year in Ocean Pines was
$272,000, which was a 3% decrease 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
70 new properties were listed in Ocean City
new listings for the year to 1627, which was an
increase of less than 1% from 2015.
156
61
70
79
105
143
135
131
130
196
155
111
138
157
183
142
140
123
126
183
146
167
89
148
126
153
136
145
140
164
153
58
100
71
View Ocean Citys New Listings
110
150
150
133
200
150
250
50
0
19
16
11
24
34
37
46
42
48
62
52
45
45
41
24
35
38
51
53
41
36
36
24
11
20
21
30
19
27
40
View Ocean Pines New Listings
39
33
41
50
41
60
51
56
70
52
66
80
51
Ocean Pines
19 new properties were listed in Ocean Pines
new listings for the year to 484, which was a
3% increase over 2015.
67
13
14
15
16
10
0
13
14
15
16
New Listing Prices
385
320
363
331
364
339
334
300
351
327
340
334
314
297
317
317
334
358
360
316
321
343
333
360
286
336
336
312
370
307
344
328
296
334
370
400
363
500
301
Ocean City
The average price of new listings in Ocean City
during December was $385,000 and the
median new listing price was $285,000. The
average new listing price for the year in Ocean
City was $341,000, which was a 3% increase
over 2015.
300
200
100
13
14
15
16
277
294
287
266
296
375
382
303
357
357
364
299
318
285
300
292
333
329
309
307
306
353
327
302
262
325
318
281
268
300
264
276
325
334
315
400
324
361
500
204
Ocean Pines
The average price of new listings in Ocean
Pines during December was $277,000 and the
median new listing price was $195,000. The
average new listing price for the year in Ocean
Pines was $321,000, which was a 4% increase
over 2015.
200
100
13
14
15
16

Ocean City Real Estate Report - Jan. 2017

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Ocean City Real Estate Report - Jan. 2017

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Formatos disponíveis

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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