Adam D'Annunzio

Ocean City, NJ

Condos/Townhomes

Keller Williams Realty Jersey Shore



Ocean City, NJ

Tue Jul 14 2020
This week the median list price for Ocean City, NJ is $654,950 with the market action index hovering around 32. This is an increase over last month's market action index of 28. Inventory has held steady at or around 238. Click here to stay informed with the Ocean City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Ocean City, NJ

Tue Jul 14 2020
This week the median list price for Ocean City, NJ is $654,950 with the market action index hovering around 32. This is an increase over last month's market action index of 28. Inventory has held steady at or around 238. Click here to stay informed with the Ocean City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Ocean City market.
Median List Price $654,950
Per Square Foot $477
Days on Market 141
Price Decreased 17%
Price Increased 2%
Relisted 8%
Inventory 238
Median Rent $1,000
Most Expensive $4,975,000
Least Expensive $63,000
Market Action 32
Slight Seller's Advantage

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
$1,349,000 2,000 - 5 3 2 8 9 170
$739,900 1,522 0 - 4,500 sqft 4 2 10 8 5 136
$549,250 1,166 0.25 - 0.5 acre 3 2 34 11 10 121
$237,400 619 1 - 2.5 acres 1 1 40 2 4 134