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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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976

945

1028

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Ocean City
There are currently 945 homes, condos and
townhomes for sale in Ocean City, which is a
12% decrease from 2014.

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Listing
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Search All Ocean City Listings

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202
164

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Search All Ocean Pines Listings

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Ocean Pines
There are currently 164 homes, condos and
townhomes for sale in Ocean Pines, which is a
20% decrease from 2014.

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Active Listing Prices


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Ocean City
The average price of active listings in Ocean
City is currently $340,000 and the median
listing price is $285,000. The average listing
price for the year in Ocean City is $346,000,
which is unchanged from 2014.

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550
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Ocean Pines
The average price of active listings in Ocean
Pines is currently $336,000 and the median
listing price is $275,000. The average listing
price for the year in Ocean Pines is $335,000,
which is up slightly from 2014.

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Ocean City and Ocean Pines Market Report


nick@dwellinoc.com
443-614-9179
www.DwellinOC.com
Listing Updates Get new listings that match your specifications delivered to your inbox.

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115
79

87
68
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57

67

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94

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View Ocean Citys Sold Listings

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92

Ocean City
58 properties went to settlement in Ocean City
during November bringing the total number of
sold properties for the year to 972, which
represents a 7% increase in activity over 2014.

133

Sold Listing Volume

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Ocean Pines
40 properties went to settlement in Ocean
Pines during November bringing the total
number of sold properties for the year to 351,
which represents a 27% increase in activity
over 2014.

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View Ocean Pines Sold Listings

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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 F M A M J J A S O N
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Sold Listing Prices


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Ocean City
The average sold listing price in Ocean City
during November was $287,000 and the
median sold listing price was $245,000. The
average sold price for the year in Ocean City is
$287,000, which is a 3% increase over 2014.

250
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237

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257

Ocean Pines
The average sold listing price in Ocean Pines
during November was $303,000 and the
median sold listing price was $264,000. The
average sold listing price for the year in Ocean
Pines is $260,000, which is a 7% increase over
2014.

303

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 F M A M J J A S O N
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Ocean City and Ocean Pines Market Report


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 November was $249. The
average sold price per square foot for the year
in Ocean City is $249, which is a 2% increase
over 2014.

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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 F M A M J J A S O N
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Ocean Pines
The average sold price per square foot in
Ocean Pines during November was $160. The
average sold price per square foot for the year
in Ocean Pines is $149, which is unchanged
from 2014.

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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 F M A M J J A S O N
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Absorption Rates
Ocean City
The absorption rate in Ocean City currently
stands at 11 months, which is a two-month
improvement from this point in 2014.

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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 F M A M J J A S O N
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Ocean Pines
The absorption rate in Ocean Pines currently
stands at 5 months, which is a three-month
improvement over 2014.

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Ocean City and Ocean Pines Market Report


nick@dwellinoc.com
443-614-9179
www.DwellinOC.com

Property Values Get a current market valuation of your property emailed to you

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Ocean City
The sold to list price ratio for sold properties in
Ocean City during November was 95% bringing
the average for the year to 95%, which is a one
percent increase over 2014.

95%

Sold to List Price Ratios

94%
92%
90%
88%
86%
84%
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80%

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100%
94%

Ocean Pines
The sold to list price ratio for sold properties in
Ocean Pines during November was 96%. The
average sold to list price ratio for the year in
Ocean Pines is 96%, which is unchanged from
2014.

96%

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 F M A M J J A S O N
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94%
92%
90%
88%
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80%
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 F M A M J J A S O N
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0

153

Ocean City
Average days on market for properties that sold
in Ocean City during November were 194.
Average days on market for the year in Ocean
City are 171, which is a 4% decrease from
2014.

103

Average Days on Market

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Ocean Pines
Average days on market for Ocean Pines
properties that sold during November were
114. Average days on market for the year in
Ocean Pines are 132, which is a 6% increase
over 2014.

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Ocean City and Ocean Pines Market Report


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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View Pending Sales in Ocean City

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Ocean City
85 properties went under contract in Ocean
City during November bringing the total number
of pending listings for the year to 1095, which
represents an 11% increase in activity over
2014.

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Under Contract Listing Volume

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Ocean Pines
36 properties went under contract in Ocean
Pines during November bringing the total
number of pending listings for the year to 385,
which represents a 19% increase in activity
over 2014.

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View Pending Sales in Ocean Pines

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Ocean City
The average price of properties that went under
contract in Ocean City during November was
$304,000 and the median pending listing price
was $255,000. The average pending listing
price for the year in Ocean City is $303,000,
which is a 5% increase over 2014.

301

Under Contract Listing Prices

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 F M A M J J A S O N
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Ocean Pines
The average price of properties that went under
contract in Ocean Pines during November was
$296,000 and the median pending price was
$217,000. The average price of pending
listings for the year in Ocean Pines is
$278,000, which is a 9% increase over 2014.

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Ocean City and Ocean Pines Market Report


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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View Ocean Citys New Listings

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Ocean City
79 new properties came on the market in
Ocean City during November bringing the total
number of new listings for the year to 1563,
which is a 3% increase over 2014.

189

New Listing Volume

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View Ocean Pines New Listings

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Ocean Pines
16 new properties were listed in Ocean Pines
during November bringing the total number of
new listings for the year to 460, which is a 2%
increase over 2014.

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New Listing Prices

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360

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Ocean City
The average price of new listings in Ocean City
during November was $314,000 and the
median new listing price was $270,000. The
average new listing price for the year in Ocean
City is $334,000, which is unchanged from
2014.

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Ocean Pines
The average price of new listings in Ocean
Pines during November was $285,000 and the
median new listing price was $220,000. The
average new listing price for the year in Ocean
Pines is $309,000, which is unchanged from
2014.

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