Homes are selling fast and prices are on the rise at the shore! In the second quarter of 2018 we have experienced a very competitive market in Ocean City. Active listings have continued to drop from the first quarter. Since the end of Q1, active listings have dropped by a little less than 5% (606 to 578) and the average sales price has risen to $623,739, which is an increase of 2.5% over this period. Properties that are priced right are moving quickly. Average days on market has decreased as the Spring/Summer buying season is in full effect.
Want to take advantage of these positive market conditions? Click here for a free property valuation or give us a call direct @ 609.398.9912. You may be surprised to find out the value of your home!
*Market statistics are based on reported listing data in the South Jersey Shore Regional Multiple Listing Service as of 07/18/2018
The Davish Company is available 7 days a week. We take pride in our exemplary customer service. Experience the difference of knowledgeable and professional service! Give us a call at 609.398.9912 for any of your real estate needs.