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: