Ocean Pines, MD Single Family Home Sales Year to Year Comparison

Managing Real Estate Broker with Berkshire Hathaway HomeServices PenFed Realty MREC# 528882


As of 12/22/07, based on the information found in the Coastal Association of REALTORS® Multiple Listing Service (dpol), the Ocean Pines single family home market is down 49 units settled from the same period in 2006.  There are currently 277 single family homes on the market with 14 sales pending.

The average sale price is actually up a little over 1% from the same period last year to $349,852.  The list to sell ratio is down however to 95.41% from 97.04% in 2006.

There are some good buys to be found with quite a few homes on the market listed under $200,000.  While interest rates are still at historic low rates, buyers with good credit can still get some attractive financing. 

Posted by

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.oc4shore.com to view other Buyer and Seller reports. I will happy to provide you with a free list of foreclosure properties in the area.

Comments (2)

Angie Vandenbergh
Crye-Leike, Realtors - Memphis, TN
A Crye-Leike Blogger

Hi! Welcome to the site. I see this is your first post.

There is a lot of reading on this site. I recommend that you read, read, read and then comment, comment, comment. There are so many different blogs to read. There are tons of topics out there from real estate, marketing, technology, seo, staging, mortgage, etc. It goes on and on. You'll start to get to know people and before you know it... you'll have figured out the benefits of the site. 

Also check out Resources for the Active Rain Newbie.

Good luck!

Dec 22, 2007 04:53 AM
Rick Sergison
EXP Realty of Canada Inc., Brokerage - Pickering, ON
Durham Region Real Estate Blog

Just wanted to welcome you to active rain and I hope you enjoy it here, There is a lot to learn and discover.

Merry Christmas

Dec 23, 2007 10:49 AM