Market Update

As of: February 22, 2010

Single Family Condos
Current Active Listings 245 671
Currently Under Contract 19 57
Year to Date Sold 11 34

Following is a compilation of sold information from the past 4 years.  For more specific information, email info@goldcoastsir.com.

Single Family

2007 2008 2009 2010 (YTD)
Number 155 170 133 11
Avg. Price $899,254 $972,905 $851,811 $576,045
% of Price Change -3.6% +8.2% -12.4% -32.4%

Condos

2007 2008 2009 2010 (YTD)
Number 549 506 442 34
Avg. Price $563,507 $559,835 $490,438 $451,717
% of Price Change 0% -.7% -12.4% -7.9%

Multiple Family

2007 2008 2009 2010 (YTD)
Number 25 20 24 2
Avg. Price $600,272 $568,095 $558,975 $362,500
% of Price Change -23.0% -5.4% -1.6% -35.1%

Land & Commercial

2007 2008 2009 2010 (YTD)
Number 17 19 11 2
Avg. Price $508,229 $274,763 $245,863 $146,000
% of Price Change +28.3% -45.9% -10.5% -40.6%

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

(Disclaimer) Information taken from the Ocean City Board of Realtors Multiple Listing Service.

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