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I talked to developer Mick Duncan of Duncan Homes last week about what he’s seeing in the market right now, and I thought his observation was a great distillation of what’s going on. Mick says there are generally three types of buyers in Ocean City,
June market data is in, and it’s… not great. The hard numbers. None of these numbers are good. Overall median sale price is way down year-over-year and month-over-month. Activity (listings, inventory, sales) are down across the board. But somehow single-family and condo median sale prices
Get the gist on some of the newest listings to hit the OCNJ market. For today’s read: New listings on Wesley Ave, Central Ave, & Simpson Ave.