Over the last 30 days, 115 homes went under contract in the Ocean City market, the lowest amount since July. However, sales are on the way up, climbing to 116 homes sold over the same period, and extending a three-week upward trend. During the same time frame, Ocean Pines had the most of any other neighboring municipalities with 56 contracts executed. While contracts were soft, months of inventory were further reduced to nine, extending a downward trend to four weeks. The downward trend in contracts numbers and the high inventory indicate that Ocean City is still a strong buyer's market.
Early bird gets the worm, so be sure to take a look at these new listings in Ocean City: