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CBS News found a single couple at the Jersey Shore (north of Atlantic City) who has had trouble renting their vacation property this year, so the network used it as a jumping off point for a story on how the vacation rental market is struggling
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
Hello! Welcome to the second-ever Shore Cribs newsletterโ everything you need to know about real estate in Ocean City, New Jersey. Like this? Subscribe to our free weekly Ocean City real estate newsletter: This week, we have our May Market Report. National sites like Zillow and
Address: 3332-3334 Wesley Ave. Price $6,100,000 for both units, or $2,895,000 (first floor), $3,295,000 (second floor) We wrote last week how Ocean City’s real estate market continued its upward trend into 2023 and appears to be flying at a cruising altitude of a nearly $1
You see this big ol’ graph right here. It doesn’t look great. After pretty much constant year-over-year growth since the start of the pandemic, YoY median sales price decreased in Ocean City in April. But there is more to the story. Let’s dig in like
From Ocean City to Cape May, prices across the county remain booming, so much so that it stands atop the list for most expensive second-home real estate in the United States. A recent Pacaso report looked at all U.S. counties that have had at least
It’s not every day you see a non-waterfront 5+ bedroom condo for sale for over $2 million. In fact, one has never sold even close to this price point in the North End. But this beautiful, year-old, 6-bedroom second floor condo on Ocean Ave. still