---
title: Ocean City MD Real Estate Market Update [September 2017]
description: Watch this Ocean City MD Real Estate Market Update Video for September 2017. Stay ahead with trends related to active inventory, sales & more.
---

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# [Ocean City MD Real Estate Market Update [September 2017]](https://www.myrealestatespot.com/blog/ocean-city-md-real-estate-market-update-september-2017)

 Written by [Michael Nolen](https://www.myrealestatespot.com/blog/author/michael-nolen-realtor) | October 10, 2017 at 1:00 PM

The [Ocean City MD real estate market](https://www.myrealestatespot.com/blog/topic/ocean-city-md-real-estate-market-updates) is hot. Often properties are going under contract in a blink of an eye. If you're considering buying a condo or home in Ocean City, MD, you'll want to stay ahead of the market and be aware of market changes. In this October 2017 ***video market update***, I'll share trends for the **Ocean City MD real estate market for September 2017.**

### [September 2017 Market Update]

# Residential Real Estate in Ocean City, MD

Let's take a look at residential real estate active in Ocean City, MD.

### Active Inventory 

During the month of September the number of active listings was down **↓ **18% from 2016 and did not change 0% percent from the month of July. With less inventory buyers who waited to buy may have a smaller selection to choose from.

### Median Listing Price

 

As you can see from the market watch video below, the median listing price in the Ocean City MD real estate market was just under $320,000.

 

### Days on Market

 

The average number of days that properties spent on the market before being sold decreased **↓ **25%. This higher number of days may signal a slow down in the local inventory turnover rate.

 

### Median Sales Price

 

The median sale price was just under $250,000.

 

### Home Sales

 

The number of properties sold decreased **↓**** **12% compared to 2016 and increased **↑** 2% compared to August 2017. This increase in home sales trends shows positive momentum for buyers looking for [Ocean City MD Real Estate for Sale](https://search.myrealestatespot.com/ocean-city-md-real-estate/).

 

**Interested in reviewing more trends for the **[Ocean City, MD real estate market](https://www.myrealestatespot.com/blog/topic/ocean-city-md-real-estate-market-updates)? Read all of my market updates [here](https://www.myrealestatespot.com/blog/topic/ocean-city-md-real-estate-market-updates).

 

## Market Watch Video Update

# Ocean City, MD Real Estate Market [September 2017]

 

 

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