I am frequently asked whether it is a Buyer's market or Seller's market and what the demarcation line is for real estate in Ocean City, Maryland and the surrounding coastal communities.  In this article I will explain Buyer's markets, Seller's markets, how they are established and what you can expect in each one.

Active Listings

There are currently 187 homes, townhomes and condos for sale in Ocean City, MD, which represents a 47% increase in inventory over 2022.

 

Active Listing Prices

The average active listing price in Ocean City is $721,000 and the median listing price is $535,000.  The median listing price for the year in Ocean City is $529,000, [...]