Contracts Low in West Ocean City Real Estate Market

The West Ocean City market seems to be nearing a low, as the number of contracts executed fell to six, the lowest levels since January. Meanwhile, sales came in at 13 homes sold over the last 30 days. When comparing other close-by municipalities within the same period, the most came from Ocean City with 115 contracts executed. As contracts found a new low point, prices have also been falling. The median sales price dropped to $225,000, extending a four-week long spiral.

Trying to find a home at a bargain price? Take a look at these affordable homes in West Ocean City:

$149K   $150K   $157K  

Get started right now by checking out West Ocean City homes for sale or reviewing West Ocean City real estate trends.

Demographic facts for West Ocean City:

  • The median age of the population is 46 years old.
  • The health cost index score in this area is 99.5. (100 = national average)
  • The commute times can range from: <15 min (39.5%), 15-29 min (42.4%), 30-44 min (12.3%), 45-59 min (3.4%), >60 min (2.3%).

Data reported through 10/13/2016

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Ask a local expert about this area:
Coldwell Banker Residential Brokerage
Snapped 2 homes in this area
Berkshire Hathaway HomeServices PenFed Realty
Snapped 1 home in this area
Coldwell Banker Residential Brokerage
Snapped 3 homes in this area

Agents that specialize in this area
1 snap in this area
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