Ocean City Market Update

As of: October 18, 2017

Single FamilyCondosMulti FamilyLand Commercial
Year to Date
Current Active Listings 133 392 52 48 625
Currently Under Contract 33 141 11 10 195
Year to Date Sold 179 557 31 23 790

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

Single Family

2011201220132014201520162017
Number 195 184 183 210 229 225 179
Avg. Price $770,287 $845,234 $766,746 $801,297 $791,341 $757,392 $836,837
% of Price Change -1.3% +9.7% -9.3% +4.5% -1.2% -4.3% +10.5%

Condos

2011201220132014201520162017
Number 493 628 543 575 611 606 557
Avg. Price $480,768 $489,153 $490,763 $504,469 $495,890 $488,054 $523,178
% of Price Change +0.8% +1.7% +0.3% +2.8% -1.7% -1.6% +7.2%

Multiple Family

2011201220132014201520162017
Number 28 35 36 30 30 45 31
Avg. Price $545,871 $642,185 $522,050 $677,987 $554,726 $773,308 $766,729
% of Price Change -31.5% +17.6% -18.7% +29.9% -18.2% +39.4% -0.1%

Land & Commercial

2011201220132014201520162017
Number 21 27 30 36 35 35 23
Avg. Price $618,642 $805,997 $429,513 $400,337 $560,542 $539,582 $1,071,108
% of Price Change +34.1% +30.3% -46.7% -9.3% +40.0% -3.7% +98.5%

Annual Totals

2011201220132014201520162017
Number 737 874 792 851 912 911 790
Avg. Price $563,773 $580,034 $553,634 $579,429 $576,761 $570,646 $619,757
% of Price Change 0.0% +2.9% -4.6% +4.7% -4.6% -1.1% +8.6%

Email any questions you may have about real estate. One of our professional agents will respond promptly.

­