Market report, updated

Market Report

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Report prepared by Trinityvirginia.com Ascendancy Homes

Market at a glance

Over the last 6 months, homes sold for 96.3% of list price in 74 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $520K Sold · $500K
$560K$520K$480K$440K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 230 sales in Jun. Last month: 156.

Where the market stands

All homes in this report, by status.

2,353homes
Active1,023 · 43%
Under contract217 · 9%
Sold (6 mo)1,113 · 47%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$625K
Under contract$598K
Sold$504K

Average days on market

Active122 days
Under contract110 days
Sold74 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 1,023
Average list price $624,659
Avg. days on market 122 days
Avg. price per ft² $387
Avg. living area 1,546 ft²
Avg. beds / baths 2.7 / 2.3

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

26 homes didn’t report living area and aren’t shown.

1 home is larger or pricier than this chart’s scale and isn’t shown.

$3M$2M$1M$0

Price vs. living area: 223 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

14 homes didn’t report days on market and aren’t shown.

Bedroom mix

Number of homes by bedroom count.

191 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

12505 Wight St Unit 18B$1,016
623 Harbour Dr$848
5603 Atlantic Ave Unit 301$786
8500 Coastal Hwy Unit 1308$749
2319 Atlantic Ave Unit 8$747
205 5th St Unit 42$723
5305 Atlantic Ave Unit 3$690

All active listings (1,023)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
12301 Jamaica Ave Unit J232Ocean City, MD 21842 22947$530,000$5591 day
409 143rd St Unit 56Ocean City, MD 21842 21836$334,900$400—
34 Preakness DrBerlin, MD 21811 442,675$798,000$2981 day
718 Bradley Rd Unit I05Ocean City, MD 21842 22870$435,000$5001 day
12212 Cygnet LnBishopville, MD 21813 321,680$275,000$1631 day
502 Bayshore Dr Unit 37Ocean City, MD 21842 21770$295,000$3831 day
713 Edgewater Ave Unit 713Ocean City, MD 21842 11658$450,000$6831 day
12505 Wight St Unit 18BOcean City, MD 21842 32900$915,000$1,0161 day
2614 Stockton RdPocomoke City, MD 21851 21825$220,000$2661 day
9 Cottonwood CtOcean Pines, MD 21811 321,400$367,500$262—
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Trinityvirginia.com Ascendancy Homes

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