Ocean City Market Update

As of: November 8, 2016

  Single Family Condos All Types
Current Active Listings 166 501 813
Currently Under Contract 37 118 183
Year to Date Sold 198 493 755

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

Single Family

  2010 2011 2012 2013 2014 2015 2016(ytd)
Number 164 195 184 183 210 229 198
Avg. Price $780,430 $770,287 $845,234 $766,746 $801,297 $791,341 $752,252
% of Price Change -8.4% -1.3% +9.7% -9.3% +4.5% -1.2% -4.9%

Condos

2010201120122013201420152016 (ytd)
Number 446 493 628 543 575 611 493
Avg. Price $476,817 $480,768 $489,153 $490,763 $504,469 $495,890 $472,219
% of Price Change -2.8% +0.8% +1.7% +0.3% +2.8% -1.7% -4.8%

Multiple Family

2010201120122013201420152016 (ytd)
Number 21 28 35 36 30 30 38
Avg. Price $797,095 $545,871 $642,185 $522,050 $677,987 $554,726 $772,438
% of Price Change +42.6% -31.5% +17.6% -18.7% +29.9% -18.2% +39.2%

Land & Commercial

2010201120122013201420152016 (ytd)
Number 14 21 27 30 36 35 26
Avg. Price $461,350 $618,642 $805,997 $429,513 $400,337 $560,542 $478,865
% of Price Change +87.6% +34.1% +30.3% -46.7% -9.3% +40.0% -14.6%

Annual Totals

2010201120122013201420152016 (ytd)
Number 645 737 874 792 851 912 755
Avg. Price $564,107 $563,773 $580,034 $553,634 $579,429 $576,761 $560,997
% of Price Change -0.6%% 0.0% +2.9% -4.6% +4.7% -4.6% -2.7%

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.