$3.9M  
The Ocean City remained below its 12-month average sales volume this week as sales slid 6.5% to hit 86 homes sold over the last 30 days. On the other hand, close-by Ocean Pines registered 40 homes sold in the same time frame, the most of all surrounding cities. The median sales price of homes sold came in at $240,000, which extended a price upswing to four weeks. Along with the slip in sales, a relatively high 10 months of inventory indicates that Ocean City is a definite buyer's market.
Comments:

$3.9M  
Over the last 30 days, a determined downward trend of new sellers coming into the Ocean City market continued, with 81 listings in this week's report. Meanwhile, sales fell, with 87 homes selling during the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price rose to $240,000 over the latest reporting period for Ocean City, up from $230,000. Ocean City is a definite buyer's market, due to a big 10 months of inventory left and aided by the dip in sales.
Comments:

$210K  
The Ocean City market broke below its 12-month average sales volume this week as sales fell 8.0% to hit 92 homes sold over the last 30 days. On the other hand, close-by Ocean Pines registered 44 homes sold in the same time frame, the most of all surrounding cities. The median sales price dropped to $227,500 over the latest reporting period for Ocean City, down from $233,500. Ocean City is a solid buyer's market, thanks to a big 10 months of inventory to choose from and a pullback in sales.
Comments:

$3.9M  
There were 97 home sales in the Ocean City market over the last 30 days, while coming close to the 99.2 monthly average for the last 12 months. In comparison, nearby Ocean Pines had 40 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $230,000 over the latest reporting period for Ocean City, down from $237,000. Despite the uptick in sales, there are still 10 months of inventory left to work through, meaning Ocean City is still a solid buyer's market.
Comments:

$939K  
Ocean City is a larger than average city in Maryland that has seen a 26.0% decrease in population over the last 10 years. It also has a total population of 7,102. With a median age of 28 years, homes in Ocean City tend to be relatively old.
Comments:

$3.9M  
The Ocean City market might be slowing in the coming weeks. Sales stayed steady at 91 homes sold over the last 30 days, but there is an emerging downward trend in the number of new listings, with 93 going live in the same time frame. While new listings numbers suggested otherwise, months of inventory is on a four-week upswing, this week hitting 11 months. Along with the slip in sales, the higher-than-normal inventory indicates that Ocean City is a strong buyer's market.
Comments:

$105K  
Despite an 11.1% jump in sales numbers this week to reach 90 homes sold over the last 30 days, the Ocean City market still shows an identifiable trend downward overall. The median sales price rose to $223,450, up from last week's $221,000. Ocean City is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of 11 months of remaining inventory.
Comments:

$105K  
Hitting a record low dating back to August, 80 homes were sold in the Ocean City market over the last 30 days. This represents a 12.1% decrease in sales activity. During the same time frame, Ocean Pines had the most of any other neighboring municipalities with 30 sales. Naturally, as sales found a bottom, the amount of available homes increased, reaching a volume of 12 months of inventory, its highest point since August. The downward trend in sales numbers and the high inventory indicate that Ocean City is still a definite buyer's market.
Comments:

$105K  
In this week's report, the number of homes sold in the Ocean City market slid to 88 over the past 30 days. It marked a decrease of 11.1% from last week's report and a fall below the monthly average. In comparison, nearby Ocean Pines had 37 sales in the same time frame, the most of all neighboring cities. Prices fell lower as this week's reported median sales price of $225,000 continued a four-week downward trend. With prices falling, the availability of 11 months of inventory means that Ocean City is a definite buyer's market.
Comments:

$939K  
In this week's report, the number of homes sold in the Ocean City market fell to 97 over the past 30 days. It marked a decrease of 7.6% from last week's report and a fall below the monthly average. Meanwhile, close-by Ocean Pines reported 48 homes sales, the highest number from all the surrounding cities. Prices are falling in Ocean City, and this period the median price of all sales fell from $228,000 to $210,000. With decreasing sales and the availability of 10 months of inventory, Ocean City is a solid buyer's market.
Comments:
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