Ocean City Market Update

As of: June 12, 2017

Single FamilyCondosMulti FamilyLand Commercial
Year to Date
Current Active Listings 162 411 51 47 671
Currently Under Contract 45 101 13 7 166
Year to Date Sold 96 323 14 16 449

Following is a compilation of sold information from the past 7 years.  For more specific information, email info@goldcoastsir.com.

Single Family

2011201220132014201520162017
Number 195 184 183 210 229 225 96
Avg. Price $770,287 $845,234 $766,746 $801,297 $791,341 $757,392 $864,256
% of Price Change -1.3% +9.7% -9.3% +4.5% -1.2% -4.3% +14.1%

Condos

2011201220132014201520162017
Number 493 628 543 575 611 606 323
Avg. Price $480,768 $489,153 $490,763 $504,469 $495,890 $488,054 $532,462
% of Price Change +0.8% +1.7% +0.3% +2.8% -1.7% -1.6% +9.1%

Multiple Family

2011201220132014201520162017
Number 28 35 36 30 30 45 14
Avg. Price $545,871 $642,185 $522,050 $677,987 $554,726 $773,308 $864,283
% of Price Change -31.5% +17.6% -18.7% +29.9% -18.2% +39.4% +11.7%

Land & Commercial

2011201220132014201520162017
Number 21 27 30 36 35 35 16
Avg. Price $618,642 $805,997 $429,513 $400,337 $560,542 $539,582 $1,240,562
% of Price Change +34.1% +30.3% -46.7% -9.3% +40.0% -3.7% +129.9%

Annual Totals

2011201220132014201520162017
Number 737 874 792 851 912 911 449
Avg. Price $563,773 $580,034 $553,634 $579,429 $576,761 $570,646 $638,981
% of Price Change 0.0% +2.9% -4.6% +4.7% -4.6% -1.1% +12.0%

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