The Ocean City Maryland June Housing Report for condominiums is showing signs of improvement.  The number of news listings are down. The absorption rate is also down to 14.95 months vs 17.51 months in August of 2011. List prices remain stable, however the Sold to List Price is around 87.5%.  The average days on the market is down to 239.5 days.

Based on this information, it is still a Buyer's market and there are a lot of opportunities for those looking to purchase a condominium for vacation or investment.  Interest rates are still great, so it really is a great time to buy your place at the beach.

 

When you are ready to begin your home search in the Ocean City, MD area, feel free to call Sharon A. Curtiss, Associate Broker/Sales Manager with Hileman Real Estate, Inc. at c/p: 410-726-4260 or Office: 410-208-9200.

You can also visit my website at www.sharoncurtiss.com to view other Buyer and Seller reports. I will happy to provide you with a free list of foreclosure properties in the area.

 

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Sharon Curtiss - Search for Ocean City Maryland area homes for sale

Ocean City, MD

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Hileman Real Estate, Inc.

Address: 11065 Cathell Road, Berlin, MD, 21811

Office Phone: (410) 208-9200 x 108

Cell Phone: (410) 726-4260

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