Adam D'Annunzio

Ocean City, NJ

Condos/Townhomes

Keller Williams Realty Jersey Shore



Ocean City, NJ

Thu Feb 21 2019
This week the median list price for Ocean City, NJ is $559,450 with the market action index hovering around 24. This is about the same as last month's market action index of 24. Inventory has held steady at or around 434. Click here to stay informed with the Ocean City market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Ocean City, NJ

Thu Feb 21 2019
This week the median list price for Ocean City, NJ is $559,450 with the market action index hovering around 24. This is about the same as last month's market action index of 24. Inventory has held steady at or around 434. Click here to stay informed with the Ocean City market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Ocean City market.
Median List Price $559,450
Per Square Foot $447
Days on Market 151
Price Decreased 16%
Price Increased 2%
Relisted 22%
Inventory 434
Median Apartment Rent $1,425
Most Expensive $4,775,000
Least Expensive $54,900
Market Action Index
Slight Buyer's Advantage
24

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,099,000 1,750 - 4 3 5 4 2 160
$679,000 1,657 - 3 2 14 10 6 131
$462,500 1,103 - 3 2 33 10 7 128
$245,000 900 0 - 4,500 sqft 2 1 44 4 5 187