$3.5M  
There were 68 homes sold in the Ocean City market over the last 30 days, continuing a five-week negative trend. During the same period, the total number of price reductions was 121, the most since November. During the same time frame, Ocean Pines had the most price reductions of any other neighboring municipalities with 41. Even as the number of sellers reducing price reached a plateau, months of inventory continued to climb, trending upwards for four weeks to reach 14 months. Ocean City is a solid buyer's market, due to the large amount of remaining inventory and aided by the rise in price reductions.
Comments:

$214K  
Over the last 30 days, a new upward trend of new sellers coming into the Ocean City market continued, with 169 listings in this week's report. Meanwhile, sales have fallen, with 61 homes selling during the same period. The median sales price of all transactions in Ocean City did not budge this week, remaining at $230,000. With decreasing sales and the availability of 15 months of inventory, Ocean City is a definite buyer's market.
Comments:

$859K  
New listings have increased in the Ocean City market, reaching a high that hasn't been seen since November. The market is slipping, with the sale of 71 homes over the last 30 days extending a three-week downward trend. During the same time frame, Ocean Pines had the most new listings of any other neighboring municipalities with 45. Prices are falling in Ocean City, and this period the median price of all sales fell from $240,000 to $230,000. With no movement in sales and the availability of 13 months of inventory, Ocean City is a definite buyer's market.
Comments:

$939K  
The Ocean City market remained soft this week as sales fell 9.2% to land at 69 homes sold over the last 30 days. Within the same time frame, Ocean Pines had 20 sales, the most of all cities in the area. The median sales price of all transactions in Ocean City did not budge this week, remaining at $240,000. Ocean City is a solid buyer's market, due to a big 14 months of inventory left and aided by the dip in sales.
Comments:

$939K  
Ocean City is much younger than the rest of Maryland, with a median age of 54. It's much less affluent than average as well, with a median income of $43,711 per household. The Ocean City market is almost exclusively made up of condos and townhouses, currently accounting for 8% overall.
Comments:

$235K  
The Ocean City remained below its 12-month average sales volume this week as sales slid 2.6% to hit 75 homes sold over the last 30 days. On the other hand, close-by Ocean Pines registered 22 homes sold in the same time frame, the most of all surrounding cities. The median sales price in Ocean City stayed put this week at $240,000. With decreasing sales and the availability of 12 months of inventory, Ocean City is a definite buyer's market.
Comments:

$3.5M  
With home sales in the Ocean City market already below average, in this week's report they slid 14.8% to 75 homes sold over the last 30 days. Meanwhile, close-by Ocean Pines reported 34 homes sales, the highest number from all the surrounding cities. The median sales price of all transactions in Ocean City did not budge this week, remaining at $240,000. Ocean City is a strong buyer's market, thanks to a big 12 months of inventory to choose from and a pullback in sales.
Comments:

$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:
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