$3M  
On top of a 20.0% drop in sales numbers this week to land at four homes sold over the last 30 days, the West Ocean City market still shows a new trend downward overall. While sales numbers were weak, the median sales price of those homes came in at $282,790, which extended a price upswing to four weeks. West Ocean City is still a definite buyer's market, despite the rising prices, with 20 months of inventory to choose from on top of the downward trend in sales.
Comments:

$1.5M  
Over the last 30 days, the West Ocean City market showed healthy signs with five homes sold, a 25.0% increase from last week's report. At the same time, close-by Ocean City reported 88 home sales, the highest number from all the surrounding cities. The median sales price dropped to $285,580 over the latest reporting period for West Ocean City, down from $327,500. Even after the uptick in sales, an elevated 16 months of inventory tells us that West Ocean City is still a definite buyer's market.
Comments:

$389K  
West Ocean City is a larger than average city in Maryland with 4,375 residents. Also, it has seen a 34.5% increase in population over the last 10 years. The West Ocean City market mostly consists of detached houses, accounting for 67% of the current homes in the area. Heading the list of top schools in the city is Ocean City Elementary School.
Comments:

$389K  
Home sales in the West Ocean City market remained slow in this week's report as they dropped 33.3% to four homes sold over the last 30 days. On the other hand, close-by Ocean City registered 97 homes sold in the same time frame, the most of all surrounding cities. The median sales price of all transactions in West Ocean City did not budge this week, remaining at $327,500. West Ocean City is a definite buyer's market, thanks to a big 20 months of inventory to choose from and a pullback in sales.
Comments:

$154K  
With a recent upward trend of new sellers listing homes, including 12 over the last 30 days, and sales that have fallen to six in that same time frame, the West Ocean City market will be getting more competitive. The median sales price climbed to $327,500, up from last week's $282,295. West Ocean City is a definite buyer's market, thanks to a big 13 months of inventory to choose from and a pullback in sales.
Comments:

$1.5M  
The West Ocean City market broke below its 12-month average sales volume this week as sales slid 41.7% to hit seven homes sold over the last 30 days. In comparison, nearby Ocean City had 107 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices went up in West Ocean City, with the median for this period rising from $275,000 to $299,590. West Ocean City is a strong buyer's market, due to a big 11 months of inventory left and aided by the dip in sales.
Comments:

$1.8M  
The West Ocean City market showed gains in this week's report, as the number of home sales climbed 9.1%, pushing the total to 12 homes sold over the last 30 days. To put it in perspective, close-by Ocean City registered 110 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices went up in West Ocean City, with the median for this period rising from $265,000 to $275,000.
Comments:

$389K  
West Ocean City is a city in Maryland. It's somewhat affluent and the cost of living is expensive compared to the rest of the state, with a median income of $59,625 per household and cost of living adjustment score of 128.5. West Ocean City is made up of homes that are of moderate age with a median of 16 years. The top school in the city is Ocean City Elementary School.
Comments:

$1.5M  
While home sales in the West Ocean City market have been above average, in this week's report they slid 15.4% to 11 homes sold over the last 30 days. Meanwhile, close-by Ocean City reported 110 homes sales, the highest number from all the surrounding cities. The median sales price climbed to $265,000, up from last week's $225,000.
Comments:

$149K  
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.
Comments:
Previous Page  1  2 3 4 5 6 7 Next Page

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

Agents that specialize in this area
3 snaps in this area
1 snap in this area
©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.