Ocean City Real Estate Report - Feb. 2016

Ocean City and Ocean Pines Market Report
nick@dwellinoc.com
443-614-9179
www.DwellinOC.com
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Property Search
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885
879
976
945
1028
1014
1059
1041
1095
1107
1091
1054
1005
1073
990
1126
1105
1112
1130
1108
1143
1113
1104
1062
985
1006
971
1004
997
979
1034
1000
952
1190
1126
1200
1167
1400
1114
Ocean City
There are currently 879 homes, condos and
townhomes for sale in Ocean City, which is a
13% decrease from 2015.
1089
Listing
Volum
e
800
Search All Ocean City Listings
600
400
200
0
139
202
164
216
201
235
221
220
207
179
169
164
205
171
228
257
241
262
257
229
210
169
167
171
177
195
207
205
175
155
146
126
150
143
200
Search All Ocean Pines Listings
185
250
190
300
141
Ocean Pines
There are currently 126 homes, condos and
townhomes for sale in Ocean Pines, which is a
25% decrease from 2015.
251
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J
13
14
15
16
100
50
0
13
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15
16
Active Listing Prices

550
500
339
337
348
340
355
352
356
346
344
342
350
337
341
330
348
350
350
349
348
351
349
332
348
347
340
339
346
353
351
349
341
343
353
350
351
400
354
450
351
Ocean City
The average price of active listings in Ocean
City is currently $337,000 and the median
listing price is $280,000, both of which are
down slightly from 2015.
350
300
250
200
150
13
14
15
16
550
500
322
320
338
336
339
336
340
339
331
336
338
340
331
315
319
325
321
331
321
333
339
348
338
332
320
315
309
327
320
325
325
336
330
320
350
321
400
316
450
315
Ocean Pines
The average price of active listings in Ocean
Pines is currently $322,000 and the median
listing price is $265,000, both of which are up
slightly from 2015.
300
250
200
150
13
14
15
16

nick@dwellinoc.com
443-614-9179
www.DwellinOC.com
Listing Updates Get new listings that match your specifications delivered to your inbox.
89
101
88
84
128
99
77
57
58
59
53
72
41
63
101
87
95
115
79
87
68
54
67
57
94
88
77
43
60
55
80
84
82
100
View Ocean Citys Sold Listings
91
120
96
140
113
120
160
92
Ocean City
57 Ocean City properties went to settlement
during January, which was a slight increase
over 2015.
133
Sold Listing Volume
40
20
0
13
14
15
16
Ocean Pines
26 Ocean Pines properties went to settlement
during January, which was a slight increase
over 2015.
26
31
32
30
32
31
32
30
31
25
17
25
29
33
33
30
28
28
12
14
25
25
27
17
22
25
33
22
10
10
20
25
26
30
31
38
40
View Ocean Pines Sold Listings
39
42
50
40
60
10
0
13
14
15
16
Sold Listing Prices

500
295
277
287
258
299
281
301
285
291
286
286
303
293
251
277
288
325
267
298
263
293
295
263
260
275
307
307
338
306
306
316
279
266
300
275
350
293
400
294
450
281
Ocean City
The average sold price for Ocean City
properties that went to settlement during
January was $277,000 and the median sold
price was $227,000, both of which were
unchanged from 2015.
250
200
150
100
224
220
267
259
253
253
233
252
262
270
279
227
263
228
233
247
249
233
231
187
217
269
260
270
246
247
236
198
210
218
230
217
250
220
270
251
290
275
310
260
293
330
237
Ocean Pines
The average sold price of Ocean Pines
properties that went to settlement during
January was $224,000 and the median sold
price was $204,000, both of which were largely
unchanged from 2015.
303
13
14
15
16
190
170
150
13
14
15
16

nick@dwellinoc.com
443-614-9179
www.DwellinOC.com
Sold Listings View MLS reports for recently sold properties, sorted by property location
Average Sold Price/Sq. Ft.

Ocean City
The average sold price per square foot in
Ocean City during January was $233, which
was down slightly from January of last year.
250
233
249
239
261
257
254
253
240
253
235
251
259
248
242
249
239
248
242
258
238
248
240
234
250
231
232
273
265
261
272
267
260
256
251
239
255
300
247
350
200
150
100
13
14
15
16
Ocean Pines
The average sold price per square foot in
Ocean Pines during January was $130, which
was up slightly over January of last year.
130
133
160
154
162
151
135
151
134
154
155
152
128
145
138
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143
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145
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145
154
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132
126
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150
156
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170
250
100
50
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O D D J
13
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15
16
Absorption Rates
Ocean City
The absorption rate in Ocean City currently
stands at 10 months, which is a two-month
improvement over last year.
30
25
20
15
13 13
14 14.5
15
12
11 11 11
12 12 12 12
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14 14 14 14 14 14
13
12 12
13 13 13 13
12 12 12 12
11 11
10 10
10
5
0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J
13
14
15
Ocean Pines
The absorption rate in Ocean Pines currently
stands at four months, which is a two-month
improvement over last year.
11 11 11
12
10
10 10
10
8
J A S O N D J
16
8
7
8
7
8
7
6.5
7
6
8
7
6.5
5
4
2
0
J F M A M J J A S O N D J F M A M J
13
14
J A S O N D J F M A M J J A S O N D J
15
16

nick@dwellinoc.com
443-614-9179
www.DwellinOC.com
Property Values Get a current market valuation of your property emailed to you
95%
94%
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96%
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94%
94%
94%
96%
94%
98%
93%
100%
93%
Ocean City
The sold to list price ratio for sold properties in
Ocean City during January was 94%, which
was unchanged from 2015.
95%
Sold to List Price Ratios
94%
92%
90%
88%
86%
84%
82%
80%
95%
96%
96%
98%
97%
97%
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95%
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97%
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96%
95%
96%
94%
96%
95%
96%
95%
96%
95%
95%
95%
98%
95%
100%
95%
Ocean Pines
The sold to list price ratio for sold properties in
Ocean Pines during January was 95%, which
was unchanged from 2015.
96%
13
14
15
16
94%
92%
90%
88%
86%
84%
82%
80%
13
14
15
16
166
194
194
168
161
151
140
198
181
155
181
178
170
166
156
200
158
152
205
143
156
244
145
198
195
134
141
169
111
104
160
194
144
126
145
500
450
400
350
300
250
200
150
100
50
0
81
Ocean City
Ocean City properties that went to settlement
during January averaged 166 days on the
market, which was down slightly from last year.
145
Average Days on Market
13
14
15
16
197
93
108
96
90
98
114
138
110
134
122
169
185
125
90
130
118
115
101
156
150
143
157
97
128
129
89
84
100
118
109
123
164
167
92
150
156
200
173
250
163
Ocean Pines
Ocean Pines properties that went to settlement
during January averaged 93 days on the
market, which was down considerably from last
year.
50
0
13
14
15
16

nick@dwellinoc.com
443-614-9179
www.DwellinOC.com
Community Pages Find all of the relevant information for each OC market area in one place
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85
69
50
33
40
85
96
110
113
99
82
97
71
90
124
119
113
112
78
27
60
95
97
77
55
57
74
74
80
View Pending Sales in Ocean City
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84
80
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140
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Ocean City
85 Ocean City properties went under contract
during January, which represents a 23%
increase in activity over 2015.
133
Under Contract Listing Volume
20
0
13
14
15
16
Ocean Pines
29 Ocean Pines properties went under contract
during January, which was a slight decrease in
activity from 2015.
52
60
29
36
39
37
19
24
27
34
33
33
30
33
31
24
29
30
36
36
35
35
38
20
19
21
23
26
30
33
35
25
25
20
30
28
40
View Pending Sales in Ocean Pines
38
35
50
20
10
0
13
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16
306
314
304
300
271
315
282
320
309
319
285
321
354
308
296
292
272
328
294
291
244
281
293
320
253
288
302
294
334
344
312
340
290
324
289
600
550
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350
300
250
200
150
100
284
Ocean City
The average price of Ocean City properties that
went under contract during January was
$306,000 and the median pending listing price
was $300,000. The average pending price was
unchanged from last year, while the median
price saw a 15% increase.
272
Under Contract Listing Prices
13
14
15
16
222
307
296
302
276
293
290
281
243
252
276
264
281
249
260
252
245
262
271
243
285
236
285
238
233
236
235
264
262
245
250
252
191
250
272
300
290
350
243
400
241
Ocean Pines
The average price of properties that went under
contract in Ocean Pines during January was
$222,000 and the median pending listing price
was $195,000, both of which saw a decrease
from last year.
200
150
100
13
14
15
16

nick@dwellinoc.com
443-614-9179
www.DwellinOC.com
Blog Articles View helpful articles that can assist you with buying and selling real estate
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148
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164
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133
152
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149
136
93
114
152
150
View Ocean Citys New Listings
134
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200
250
119
Ocean City
111 new properties were listed in Ocean City
during January, which was a 12% decrease
from 2015.
189
New Listing Volume
50
0
38
45
16
11
24
35
41
53
52
41
36
36
24
21
11
20
19
33
27
30
39
41
51
41
34
25
32
34
40
32
28
40
35
50
View Ocean Pines New Listings
56
60
54
55
70
56
66
80
51
Ocean Pines
24 new properties were listed in Ocean Pines
during January, which was a 33% decrease
from 2015.
67
13
14
15
16
10
0
13
14
15
16
New Listing Prices
334
314
297
317
317
334
360
358
316
321
343
333
360
336
286
312
336
370
307
344
328
296
334
370
301
289
329
363
394
325
372
341
342
323
400
305
408
500
311
Ocean City
The average price of new listings in Ocean City
during January was $334,000 and the median
new listing price was $276,000, both of which
saw slight decreases from 2015.
300
200
100
13
14
15
16
299
318
285
300
292
333
329
309
307
306
327
353
262
302
268
281
318
325
264
276
325
334
324
361
280
315
336
360
285
335
283
314
204
300
323
306
400
302
500
272
Ocean Pines
The average price of new listings in Ocean
Pines during January was $299,000 and the
median new listing price was $265,000, both of
which saw considerable increases over 2015.
200
100
13
14
15
16

Ocean City Real Estate Report - Feb. 2016

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Ocean City Real Estate Report - Feb. 2016

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Ocean City and Ocean Pines Market Report

Search All Ocean City Listings

Search All Ocean Pines Listings

Active Listing Prices

Ocean City and Ocean Pines Market Report

View Ocean Citys Sold Listings

Sold Listing Volume

View Ocean Pines Sold Listings

Sold Listing Prices

Ocean City and Ocean Pines Market Report

Average Sold Price/Sq. Ft.

Ocean City and Ocean Pines Market Report

Sold to List Price Ratios

Average Days on Market

Ocean City and Ocean Pines Market Report

View Pending Sales in Ocean City

Under Contract Listing Volume

View Pending Sales in Ocean Pines

Under Contract Listing Prices

Ocean City and Ocean Pines Market Report

View Ocean Citys New Listings

New Listing Volume

View Ocean Pines New Listings

New Listing Prices

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