$1.7M  
The West Ocean City market reported improvement in this week's report, as the number of home sales climbed 25.0%, pushing the total to five homes sold over the last 30 days. To put it in perspective, close-by Ocean City registered 86 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 $299,250 to $373,500. Despite the uptick in sales, there are still 13 months of inventory left to work through, meaning West Ocean City is still a definite buyer's market.
Comments:

$389K  
The West Ocean City market remained slow with four homes sold in the last 30 days, a 50.0% sales drop. Meanwhile, close-by Ocean City reported 87 homes sales, the highest number from all the surrounding cities. Prices are falling in West Ocean City, and this period the median price of all sales fell from $329,054 to $299,250. West Ocean City is a definite buyer's market, thanks to a big 17 months of inventory to choose from and a pullback in sales.
Comments:

$389K  
West Ocean City has a cost of living adjustment score of 128.5, which is expensive when compared to others in Maryland. Also, the area is considered somewhat affluent with a median income of $59,625 per household. With a median age of 16 years, homes in West Ocean City tend to be of moderate age. The best school in the city is Ocean City Elementary School.
Comments:

$1.8M  
With eight homes sold in the West Ocean City market over the last 30 days, we see no change from last week's numbers. However, four new listings came into the market. Prices are rising in West Ocean City, and the median sales price this period increased from $257,495 to $329,054. With no movement in sales and the availability of nine months of inventory, West Ocean City is a definite buyer's market.
Comments:

$114K  
Sales fell to eight homes sold over the last 30 days in the West Ocean City market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to two for the same period. Prices are falling in West Ocean City, and this period the median price of all sales fell from $280,000 to $257,495. West Ocean City is a definite buyer's market, due to a big nine months of inventory left and aided by the dip in sales.
Comments:

$1.8M  
Over the last 30 days, the West Ocean City market got positive news with nine homes sold. It marks a 12.5% increase from last week's report, while also closing in on the average sales volume for the prior 12 months. In comparison, nearby Ocean City had 91 sales in the same time frame, the most of all neighboring cities. The median sales price dropped to $280,000 over the latest reporting period for West Ocean City, down from $282,790. West Ocean City is still a solid buyer's market, in spite of the uptick in sales, thanks to the availability of eight months of remaining inventory.
Comments:

$389K  
The West Ocean City market closed in on its 12-month sales average this week as sales rose 100.0% to reach eight homes sold over the last 30 days. To put it in perspective, close-by Ocean City registered 90 homes sold in the same time frame, the most of all surrounding cities. The median sales price remained unchanged over the latest reporting period for West Ocean City, coming in at $282,790. Despite the uptick in sales, there are still nine months of inventory left to work through, meaning West Ocean City is still a definite buyer's market.
Comments:

$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:
Previous Page  1  2 3 4 5 6 7 Next Page

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
1 snap in this area
©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 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.