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5 1062 1104 1143
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05 1054 1095
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S12
O N D J F M A M J J A S13
O N D J F M A M J J A S15
O N D J F M A M J J A S15
Ocean City There are currently 1014 condos, townhomes and homes for sale in Ocean City, which is a 10% decrease from 2014. Search All Ocean City Listings
Ocean Pines There are currently 201 townhomes, condos and homes for sale in Ocean Pines, which is a 17% decrease from 2014. Search All Ocean Pines Listings
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S12
O N D J F M A M J J A S13
O N D J F M A M J J A S14
O N D J F M A M J J A S15
Ocean City The average price of active listings in Ocean City is currently $352,000 and the median active listing price is $289,000. The average listing price for the year in Ocean City is $347,000, which is up slightly over 2014.
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O N D J F M A M J J A S13
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O N D J F M A M J J A S15
Ocean Pines The average price of active listings in Ocean Pines is currently $339,000 and the median active listing price is $280,000. The average listing price for the year in Ocean Pines is $335,000, which is up slightly over 2014. 32
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O N D J F M A M J J A S13
O N D J F M A M J J A S14
O N D J F M A M J J A S15
Active Listing Prices
Active Listing Volume
Ocean City and Ocean Pines Market Report
[email protected] 443-614-9179
www.DwellinOC.com
Property Search - Access the most advanced and easy to use property search in the area
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43
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82 84
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91 96
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94 88
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63 53 59
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128 133
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84 88
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S12
O N D J F M A M J J A S13
O N D J F M A M J J A S14
O N D J F M A M J J A S15
Ocean City 88 properties went to settlement in Ocean City during September bringing the total number of closed properties for the year to 813, which represents a 9% increase in activity over 2014. View Ocean City’s Sold Listings
Ocean Pines 32 Ocean Pines properties went to settlement during September bringing the total number of sold properties for the year in Ocean Pines to 272, which represents a 30% increase in activity over 2014. View Ocean Pines’ Sold Listings
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22
18 17
10 10
26 25
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14 12
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28 28
17
30 31 33 33
25 25
29 31 30 32 31 32 30 32
0
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S12
O N D J F M A M J J A S13
O N D J F M A M J J A S14
O N D J F M A M J J A S15
Ocean City The average price of Ocean City properties that went to settlement during September was $299,000 and median sold price was $258,000. The average sold price for the year in Ocean City is $290,000, which is a 3% increase over 2014.
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0
281 293
275
279 31
6
294 306 33
8
306
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307
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263 29
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251 28
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3
286
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285 30
1
281 29
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S12
O N D J F M A M J J A S13
O N D J F M A M J J A S14
O N D J F M A M J J A S15
Ocean Pines The average price of sold listings in Ocean Pines during September was $259,000 and the median sold listing price was $214,000. The average sold listing price for the year in Ocean Pines is $254,000, which is a 5% increase over 2014.
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247 26
0
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260 26
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S12
O N D J F M A M J J A S13
O N D J F M A M J J A S14
O N D J F M A M J J A S15
Sold Listing Prices
Sold Listing Volume
Listing Updates – Get new listings that match your specifications delivered to your inbox.
Ocean City and Ocean Pines Market Report
[email protected] 443-614-9179
www.DwellinOC.com
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239 247
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8 258
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S12
O N D J F M A M J J A S13
O N D J F M A M J J A S14
O N D J F M A M J J A S15
Ocean City The average sold price per square foot for settled properties in Ocean City during September was $257. The average sold price per square foot for the year in Ocean City is $250, which is a 3% increase over 2014.
Ocean Pines The average sold price per square foot for closed listings in Ocean Pines during September was $162. The average sold price per square foot for the year in Ocean Pines is $147, which is down slightly from 2014. 14
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135 15
1 162
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S12
O N D J F M A M J J A S13
O N D J F M A M J J A S14
O N D J F M A M J J A S15
Ocean City The absorption rate in Ocean City currently stands at 12 months, which is a 2 month improvement from this point in 2014.
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12 11 11 11 12 12 12 12 13 14 15 14 14 14 14 14 14 13 12 12 13 13 13 13 12 12 12 12
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O N D J F M A M J J A S13
O N D J F M A M J J A S14
O N D J F M A M J J A S15
Ocean Pines The absorption rate in Ocean Pines currently stands at 7 months, which is a 3 month improvement from September of last year.
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7 7 78
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87 7
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1011 11 11
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78 8 8
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O N D J F M A M J J A S13
O N D J F M A M J J A S14
O N D J F M A M J J A S15
Absorption Rates
Average Sold Price/Sq. Ft.
Sold Listings – View MLS reports for recently sold properties, sorted by property location
Ocean City and Ocean Pines Market Report
[email protected] 443-614-9179
www.DwellinOC.com
94%
93%
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93% 94
%
93% 94
%
94%
94% 95
%
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%
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%
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80%82%84%86%88%90%92%94%96%98%
100%
S12
O N D J F M A M J J A S13
O N D J F M A M J J A S14
O N D J F M A M J J A S15
Ocean City Properties that went to settlement in Ocean City during September sold on average at 95% of the listing price. The average sold to list price ratio for the year in Ocean City is 95%, which is a one percent increase over 2014.
Ocean Pines Properties that went to settlement in Ocean Pines during September sold on average at 97% of the listing price. The average sold to list price ratio for the year in Ocean Pines is 96%, which is unchanged from 2014.
93%
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%
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%
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% 97%
97%
80%82%84%86%88%90%92%94%96%98%
100%
S12
O N D J F M A M J J A S13
O N D J F M A M J J A S14
O N D J F M A M J J A S15
Ocean City Properties that went to settlement in Ocean City during September averaged 161 days on the market. Average days on market for the year in Ocean City are 168, which is a 5% decrease from 2014. 24
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117 15
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126 14
4 194
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1 198
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100150200250300350400450500
S12
O N D J F M A M J J A S13
O N D J F M A M J J A S14
O N D J F M A M J J A S15
Ocean Pines Properties that went to settlement in Ocean Pines during September averaged 90 days on the market. Average days on the market for the year in Ocean Pines are 138, which is a 10% increase over 2014. 94
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163 17
3
156 16
7
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8 129
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98 90
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O N D J F M A M J J A S13
O N D J F M A M J J A S14
O N D J F M A M J J A S15
Average Days on Market
Sold to List Price Ratios
Property Values – Get a current market valuation of your property emailed to you
Ocean City and Ocean Pines Market Report
[email protected] 443-614-9179
www.DwellinOC.com
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O N D J F M A M J J A S13
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O N D J F M A M J J A S15
Ocean City 108 properties went under contract in Ocean City during September bringing the total number of pending listings for the year to 914, which represents an 11% increase in activity over 2014. View Pending Sales in Ocean City
Ocean Pines 52 Ocean Pines properties went under contract in September bringing the total number of pending listings for the year in Ocean Pines to 310, which represents a 15% increase in activity over 2014. View Pending Sales in Ocean Pines
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O N D J F M A M J J A S13
O N D J F M A M J J A S14
O N D J F M A M J J A S15
Ocean City The average price of properties that went under contract in Ocean City during September was $303,000 and the median pending listing price was $286,000. The average price of properties that have gone under contract for the year in Ocean City is $303,000, which is a 6% increase over 2014.
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S12
O N D J F M A M J J A S13
O N D J F M A M J J A S14
O N D J F M A M J J A S15
Ocean Pines The average price of properties that went under contract in Ocean Pines during September was $302,000 and the median pending listing price was $272,000. The average price of properties that have gone under contract for the year in Ocean Pines is $276,000, which is an 8% increase over 2014.
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281 290
293 302
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O N D J F M A M J J A S13
O N D J F M A M J J A S14
O N D J F M A M J J A S15
Under Contract Listing Prices
Under Contract Listing Volume
Community Pages – Find all of the relevant information for each OC market area in one place
Ocean City and Ocean Pines Market Report
[email protected] 443-614-9179
www.DwellinOC.com
131 14
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136 15
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145 153
136
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5812
6 148 16
7 183
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126 14
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123
183
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S12
O N D J F M A M J J A S13
O N D J F M A M J J A S14
O N D J F M A M J J A S15
Ocean City 183 new properties were listed in Ocean City during September bringing the total number of new listings for the year to 1342, which is a 3% increase over 2014. View Ocean City’s New Listings
Ocean Pines 41 new properties were listed in Ocean Pines during September bringing the total number of new listings for the year to 399, which is a 3% increase over 2014. View Ocean Pines New Listings 22 23
12 10
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38 41
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S12
O N D J F M A M J J A S13
O N D J F M A M J J A S14
O N D J F M A M J J A S15
Ocean City The average price of new listings in Ocean City during September was $317,000 and the median new listing price was $283,000. The average new listing price for the year in Ocean City is $338,000, which is unchanged from 2014.
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2 394
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8 344
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O N D J F M A M J J A S13
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Ocean Pines The average price of new listings in Ocean Pines during September was $292,000 and the median new listing price was $271,000. The average new listing price for the year in Ocean Pines is $313,000, which is down slightly from 2014.
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292
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O N D J F M A M J J A S13
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O N D J F M A M J J A S15
New Listing Prices
New Listing Volume
Blog Articles – View helpful articles that can assist you with buying and selling real estate
Ocean City and Ocean Pines Market Report
[email protected] 443-614-9179
www.DwellinOC.com
