| No. Bedrooms | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 1 bedroom | - | - | - | - | - |
| 2 bedrooms | - | - | - | - | - |
| 3 bedrooms | - | - | - | - | - |
| 4 bedrooms | - | - | - | - | - | All properties | $335,000 | +20.4% | $270,000 | $278,250 | $350,000 |
Ocean City Market Trends
Today, February 10, 2010
Ocean City Summary
The median sales price for homes in Ocean City MD for Sep 09 to Nov 09 was $335,000. This represents an increase of 24.1%, or $65,000, compared to the prior quarter and an increase of 20.4% compared to the prior year. Sales prices have depreciated 4.3% over the last 5 years in Ocean City.
The average listing price for Ocean City homes for sale on Trulia was $415,254 for the week ending Feb 03, which represents a decline of 1.3%, or $5,382, compared to the prior week and a decline of 5.5%, or $24,165, compared to the week ending Jan 13. Average price per square foot for Ocean City MD was $224, a decrease of 10% compared to the same period last year.
| No. Bedrooms | Week ending Feb 3 | w-o-w | Week ending Jan 27 | Week ending Jan 20 | Week ending Jan 13 |
|---|---|---|---|---|---|
| 1 bedroom | $205,712 | +0.5% | $204,645 | $202,731 | $205,128 |
| 2 bedrooms | $318,448 | -0.4% | $319,801 | $319,621 | $320,497 |
| 3 bedrooms | $497,680 | -1.5% | $505,107 | $513,689 | $535,540 |
| 4 bedrooms | $727,354 | +0.2% | $725,917 | $754,907 | $765,832 | All properties | $415,254 | -1.3% | $420,636 | $430,969 | $439,419 |
| No. Bedrooms | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 1 bedroom | - | - | - | - | - |
| 2 bedrooms | - | - | - | - | - |
| 3 bedrooms | - | - | - | - | - |
| 4 bedrooms | - | - | - | - | - | All properties | $224 | -10.0% | $209 | $249 | $518 |
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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