ocean city md real estate market report - may 2014
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M J J A S O N D J F M A12
M J J A S O N D J F M A13
M J J A S O N D J F M A14
Ocean City Active Listing Volume Ocean City There are currently 1143 properties for sale in Ocean City, which is down by 4% from this point in 2013. Search All Ocean City Listings
Ocean Pines There are currently 229 properties for sale in Ocean Pines, representing a 57% increase over April of 2013. Search All Ocean Pines Listings
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M J J A S O N D J F M A12
M J J A S O N D J F M A13
M J J A S O N D J F M A14
Ocean Pines Active Listing Volume
Ocean City The average active listing price for the year in Ocean City is $342,000, which is down by 3% from the 2013 value at this point. This is more a function of what is currently on the market than anything else. 38
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M J J A S O N D J F M A14
Ocean City Active Listing Prices Avg. PriceMed. Price3 per. Mov. Avg. (Avg. Price)
Ocean Pines The average listing price in Ocean Pines for 2014 thus far is $335,000, which is a 4% increase over the 2013 value at this point of $322,000.
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M J J A S O N D J F M A12
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Ocean Pines Active Listing Prices Avg. PriceMed. Price3 per. Mov. Avg. (Avg. Price)3 per. Mov. Avg. (Med. Price)
Active Listing Prices
Active Listing Volume
Ocean City and Ocean Pines Market Report
Direct: 443-614-9179 Email: ocnick55@gmail.com
Web: DwellinOC.com
New Listing Updates Sign up for email updates with new listings and price adjustments
for the type of properties you are looking for
Search All Area Listings We provide the most advanced consumer search available that is
linked directly to the Multiple Listing Service that we use.
A Division of The Mark Fritschle Group | Condominium Realty LTD
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M J J A S O N D J F M A12
M J J A S O N D J F M A13
M J J A S O N D J F M A14
Ocean City Sold Listing Volume Ocean City A total of 250 properties have gone to settlement in Ocean City thus far in 2014, which is down slightly from the 264 properties that went to settlement through this point in 2013. View Ocean City’s April Sold Listings
Ocean Pines 76 properties have gone to settlement so far this year in Ocean Pines, representing a 7% increase in activity over the 2013 value through April. View Ocean Pines’ April Sold Listings
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M J J A S O N D J F M A12
M J J A S O N D J F M A13
M J J A S O N D J F M A14
Ocean Pines Sold Listing Volume
Ocean City The average sold listing price for the year in Ocean City is $273,000, which is off by 3% from the 2013 value of $282,000. This is the result of the property types that are selling more than anything else.
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M J J A S O N D J F M A12
M J J A S O N D J F M A13
M J J A S O N D J F M A14
Ocean City Sold Listing Prices Avg. PriceMed. Price
Ocean Pines The average sold price for the year so far in Ocean Pines if $239,000, which is up by 4% over the 2013 value through this point of $231,000.
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M J J A S O N D J F M A12
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M J J A S O N D J F M A14
Ocean Pines Sold Listing Prices Avg. PriceMed. Price3 per. Mov. Avg. (Avg. Price)
Sold Listing Prices
Sold Listing Volume
Ocean City and Ocean Pines Market Report
Direct: 443-614-9179 Email: ocnick55@gmail.com
Web: DwellinOC.com
Recently Sold Listings Sold Listing Updates View Multiple Listing Service reports of the properties that have sold over the most recent 90 day period, broken down by area.
Sign up to get email updates when properties sell in areas that are of interest to you, based on your specifications.
A Division of The Mark Fritschle Group | Condominium Realty LTD
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M J J A S O N D J F M A14
Ocean City Sold Price/Sq. Ft. Ocean City The average sold price per square foot in Ocean City during April was $248, which is down slightly from April of 2013.
Ocean Pines The average sold price per square foot in Ocean Pines during April was $152, which is up by 15% from April of 2013.
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M J J A S O N D J F M A12
M J J A S O N D J F M A13
M J J A S O N D J F M A14
Ocean Pines Sold Price/Sq. Ft.
Ocean City The absorption rate in Ocean City currently stands at 15 months, which is unchanged from April of 2013. 20 20 19 18 18 18 18 18 18 18 18 19 18 18 17 17 16 16 15 14 13 13 13 14 14.5 15
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M J J A S O N D J F M A12
M J J A S O N D J F M A13
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Ocean City Absorption Rates
Ocean Pines The absorption rate in Ocean Pines is currently 9 months, which is up from its April 2013 value of 7 months.
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M J J A S O N D J F M A12
M J J A S O N D J F M A13
M J J A S O N D J F M A14
Ocean Pines Absorption Rates
Absorption Rates
Sold Price/Sq. Ft.
Ocean City and Ocean Pines Market Report
Direct: 443-614-9179 Email: ocnick55@gmail.com
Web: DwellinOC.com
Foreclosures and Short Sales Distressed Listing Updates View all of the foreclosure and short sale listings currently available
in Ocean City, Ocean Pines, Berlin and West Ocean City. Sign up to receive email updates as the new foreclosure and short sale listings hit the market in the areas that are of interest to you.
A Division of The Mark Fritschle Group | Condominium Realty LTD
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80%82%84%86%88%90%92%94%96%98%
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M J J A S O N D J F M A14
Ocean City Sold to List Price Ratio Ocean City Property in Ocean City is currently selling at 95% of the listing price, which is up slightly from this point in 2013.
Ocean Pines Ocean Pines property sold at 96% of the listing price during April, which was up slightly from April of 2013.
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M J J A S O N D J F M A12
M J J A S O N D J F M A13
M J J A S O N D J F M A14
Ocean Pines Sold to List Price Ratio
Ocean City Property that sold in Ocean City during April averaged 145 days on the market, which was up by 15% over April of 2013.
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M J J A S O N D J F M A12
M J J A S O N D J F M A13
M J J A S O N D J F M A14
Ocean City Avg. Days on Market
Ocean Pines Property that went to settlement in Ocean Pines during April averaged 156 days on the market, representing a 7% decrease from April of 2013.
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Ocean Pines Avg. Days on Market
Average Days on Market
Sold to List Price Ratios
Ocean City and Ocean Pines Market Report
Direct: 443-614-9179 Email: ocnick55@gmail.com
Web: DwellinOC.com
Selling Real Estate Property Valuation View our comprehensive marketing plan that we utilize to get our clients the highest price possible in the shortest amount of time.
Fill out our quick property information form and we will email you a comprehensive valuation report for your home or condo.
A Division of The Mark Fritschle Group | Condominium Realty LTD
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Ocean City Under Contract Listing Volume Ocean City 86 properties went under contract in Ocean City during April, which was down considerably from April of last year. It is worth noting that April of 2013 was a record setting month in terms of contracts written. View Ocean City’s Under Contract Listings
Ocean Pines 38 properties went under contract in Ocean Pines during April, which was a 9% increase in activity over April of last year. View Ocean Pines’ Under Contract Listings
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Ocean Pines Under Contract Listing Volume
Ocean City The average price of properties that have gone under contract in Ocean City during 2014 is $287,000, which is down slightly from the 2013 value of $292,000.
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Ocean City Under Contract Listing Prices
Ocean Pines The average price of properties that have gone under contract in Ocean Pines during 2014 is $248,000, which is down slightly from the 2013 value of $254,000.
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M J J A S O N D J F M A12
M J J A S O N D J F M A13
M J J A S O N D J F M A14
Ocean Pines Under Contract Listing Prices
Under Contract Listing Prices
Under Contract Listing Volume
Direct: 443-614-9179 Email: ocnick55@gmail.com
Web: DwellinOC.com
Ocean City and Ocean Pines Market Report
Useful Buying Information Buyer Action Plan View a series of articles and videos that we have put together which
explain and outline the various phases of buying real estate. View the plan and steps that we take to ensure our Buyer clients get the best deal possible through a relaxed and stress free transaction.
A Division of The Mark Fritschle Group | Condominium Realty LTD
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Ocean City New Listing Volume Ocean City A total of 597 properties have been listed in Ocean City thus far in 2014, which is a 12% decrease from the 675 properties that were listed through this point in 2013. View Ocean City’s New Listings
Ocean Pines 170 new properties have been listed in Ocean Pines thus far in 2014, representing a 26% increase over the 135 properties that were listed through this point in 2013. View Ocean Pines New Listings
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Ocean Pines New Listing Volume
Ocean City The average new listing price for the year so far in Ocean City is $341,000, which is up by 7% over the new listing price of $320,000 through April of last year. 37
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M J J A S O N D J F M A14
Ocean City New Listing Prices
Ocean Pines The average new listing price in Ocean Pines thus far in 2014 is $334,000, which is up by 10% over the 2013 value of $304,000.
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M J J A S O N D J F M A14
Ocean Pines New Listing Prices
New Listing Prices
New Listing Volume
Ocean City and Ocean Pines Market Report
Direct: 443-614-9179 Email: ocnick55@gmail.com
Web: DwellinOC.com
Just Listed Properties Search ALL Listings Search all of the available area listings based on your specifications
through the MLS, which is the same database we utilize. View new listings and price adjustments that have become available
over the most recent 7 day period, broken down by area.
A Division of The Mark Fritschle Group | Condominium Realty LTD
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