text: July 18th Ocean City Real Estate Market Report - Salisbury to Ocean City Real Estate Blog
  July 18th Ocean City Real Estate Market Report
  access_time July 20, 2019 personCorey KenningtonhomeBlog Home
  Weekly Ocean City Real Estate Market Report for the week of July 11– July 17.
  Thirty-three properties came on the market last week in Ocean City Maryland with an average list price of $386,300.
  Last week twenty-seven properties went under contract in Ocean City Maryland. The average time on market before going pending was 4.4 months. The average list price of these properties was $307,100. Seven properties where on the market 30 days or less.
  Nineteen properties sold last week in Ocean City with an average sales price of $261,900. The average time on market was 4.6 months and they sold for 96.1% of the list price.
  Currently, there are 696 active listings in Ocean City, which includes condos, single family houses, townhomes and duplexes. Short Sales and foreclosures in Ocean City make up .9% of available residential properties. Mortgage rates were around 4% on a 30 year fixed conventional loan.
  Information compiled by Kennington Realty Inc. is deemed to be reliable but is not guaranteed © 2016 MLS and FBS. Based on information from the Coastal Association of Realtors® for the period 7/11/19 through 7/17/19.