Adam D'Annunzio

Ocean City, NJ

Condos/Townhomes

Keller Williams Realty Jersey Shore



Ocean City, NJ

Mon May 20 2019
This week the median list price for Ocean City, NJ is $556,950 with the market action index hovering around 25. This is about the same as last month's market action index of 25. Inventory has held steady at or around 422. 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

Mon May 20 2019
This week the median list price for Ocean City, NJ is $556,950 with the market action index hovering around 25. This is about the same as last month's market action index of 25. Inventory has held steady at or around 422. 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 $556,950
Per Square Foot $454
Days on Market 151
Price Decreased 33%
Price Increased 2%
Relisted 11%
Inventory 422
Median Apartment Rent $2,000
Most Expensive $4,875,000
Least Expensive $52,000
Market Action Index
Slight Buyer's Advantage
25

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
$1,095,000 1,750 - 4 3 13 1 6 200
$659,900 1,955 - 3 2 14 3 4 138
$462,400 1,100 - 3 2 33 7 9 113
$248,000 504 - 1 1 47 6 7 154