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Ocean City/Riviera Home Values and Market Report

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Report prepared by Buyandsellocnj.com The Selby Realty Group

Market at a glance

Over the last 12 months, homes sold for 95.3% of list price in 44 days on average.

Average price, last 12 months

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

List · $3.15M Sold · $2.93M
$8.6M$5.9M$3.2M$500K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 4 sales in Jul. Last month: 3.

Where the market stands

All homes in this report, by status.

29homes
Active9 · 31%
Sold (12 mo)20 · 69%

Buyer's or seller's market?

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

4.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$5.81M
Sold$3.33M

Average days on market

Active132 days
Sold44 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 9
Average list price $5,807,000
Avg. days on market 132 days
Avg. price per ft² $1,132 Based on 6 of 9 homes
Avg. living area 2,972 ft² Based on 6 of 9 homes
Avg. beds / baths 4.9 / 5.2

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

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

$6M$4M$2M$0

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

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 6 homes in this status.

26 Michigan Avenue$1,498
16 Grenada Ln$1,483
4 Grenada Ln$1,369
2 Barbados Ln$1,279
108 Wahoo Dr Unit #108$665
123 Wahoo Dr Unit #123$499

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
108 Wahoo Dr Unit #108Ocean City, NJ 08226 221,240$825,000$6653 days
1904 Glenwood DrOcean City, NJ 08226 67—$10,750,000—4 days
26 Michigan AvenueOcean City, NJ 08226 574,000$5,995,000$1,49844 days
123 Wahoo Dr Unit #123Ocean City, NJ 08226 331,700$849,000$49951 days
2 Barbados LnOcean City, NJ 08226 653,592$4,595,000$1,27973 days
9 Mariana LnOcean City, NJ 08226 78—$9,450,000—200 days
4 Grenada LnOcean City, NJ 08226 564,200$5,750,000$1,369262 days
19 Grenada LnOcean City, NJ 08226 56—$9,450,000—263 days
16 Grenada LnOcean City, NJ 08226 533,100$4,599,000$1,483289 days
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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.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional Multiple Listing Service. Real Estate listings held by brokerage firms other than The Selby Realty Group are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers.

Information is deemed accurate but not guaranteed.

Copyright 2019 South Jersey Shore Regional Multiple Listing Service.

All rights reserved.