Ocean City Market Update

As of: November 30, 2020


Single FamilyCondosMulti FamilyLand Commercial
Current /Year to Date
Current Active Listings 56 203 22 21 302
Currently Under Contract 56 225 34 9 324
Year to Date Sold 275 765 35 30 1105

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

Single Family

2014201520162017201820192020
Number210236229226239225275
Avg. Price$801,297$791,341$752,525$843,179
$890,908
$938,825$1,152,904
% of Avg. Price Change+4.5%-1.2%-4.9%+12.0%
+5.7%
+5.4%+22.8%

Condos

2014201520162017201820192020
Number575612611732
688731765
Avg. Price$504,469$495,728$485,586$530,906
$547,475
$575,384$622,530
% of Avg. Price Change+3.1%-1.7%-2.0%+9.3%
+3.1
+5.3%+8.2%

Multiple Family Homes

2014201520162017201820192020
Number30304441404235
Avg. Price$677,987$554,726$782,929$757,712$725,493$700,820
$1,094,055
% of Avg. Price Change+29.9%-18.2%+41.1%-3.2%-4.3%-3.4%
+56.1%

Land & Commercial

2014201520162017201820192020
Number363435
32
222830
Avg. Price$400,337$569,338
$539,582
$1,015,593
$859,387
$790,808$927,208
% of Avg. Price Change-6.8%+42.2%
-5.2%
+88.2%
-15.4%
-8.0%+17.2%

Annual Totals

2014201520162017201820192020
Number851912
919
1031
98910261105
Avg. Price$579,429$576,910
$598,514
$623,421
$644,606
$666,812$777,731
% of Avg. Price Change+4.9%
-0.4%
+3.7%
+4.2%
+3.4%
+3.4%+16.6%

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.