Real Estate Market Reports
Ocean City Maryland Market Statistics
March 3, 2011 by Monica McNamara · Leave a Comment
The median sales price for homes in Ocean City MD for Nov 10 to Jan 11 was $239,794. This represents a decline of 15.9%, or $45,206, compared to the prior quarter and a decrease of 15.1% compared to the prior year.
Sales prices have depreciated 41.5% over the last 5 years in Ocean City.
The average listing price for Ocean City homes for sale was $390,579 for the week ending Feb 23, which represents an increase of 0.3%, or $1,287, compared to the prior week and an increase of 0.3%, or $1,219, compared to the week ending Feb 02.
Average price per square foot for Ocean City MD was $163, a decrease of 17.3% compared to the same period last year.
