Ocean City Market Update

As of:  August 21, 2021


Single FamilyCondosMulti FamilyLand Commercial
Current /Year to Date
Current Active Listings 71 165 30 30 296
Currently Under Contract 54 183 15 2 254
Year to Date Sold 120 532 27 15 694

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

Single Family

20142015201620172018201920202021
Number210236229226239225315120
Avg. Price$801,297$791,341$752,525$843,179
$890,908
$938,825$1,175,489$1,447,535
% of Avg. Price Change+4.5%-1.2%-4.9%+12.0%
+5.7%
+5.4%+25.2%+23.1%

Condos

20142015201620172018201920202021
Number575612612732
689736898532
Avg. Price$504,469$495,728$485,634$530,906
$547,543
$576,936$633,352$699,325
% of Avg. Price Change+3.1%-1.7%-2.0%+9.3%
+3.1
+5.4%+9.8%+10.4%

Multiple Family Homes

20142015201620172018201920202021
Number3030444140424127
Avg. Price$677,987$554,726$782,929$757,712$725,493$700,820
$1,012,167$1,573,046
% of Avg. Price Change+29.9%-18.2%+41.1%-3.2%-4.3%-3.4%
+44.4%+55.4%

Land & Commercial

20142015201620172018201920202021
Number363232
32
22273715
Avg. Price$400,337$592,578
$581,575
$1,015,593
$859,387
$793,246$907,336$820,866
% of Avg. Price Change-6.8%+48.0%
-1.9%
+74.6%
-15.4%
-7.7%+14.4%-9.5%

Annual Totals

20142015201620172018201920202021
Number851910
917
1031
99010301291694
Avg. Price$579,429$577,743
$569,897
$623,421
$644,556
$666,711$785,515$865,317
% of Avg. Price Change+4.9%
-0.3%
-1.4%
+9.4%
+3.4%
+3.4%+17.8%+10.2%

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

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