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OCNJ Market Update

Francis X. Davish

Fran has been working in the Real Estate industry on a full-time basis for over 30 years and has earned NJAR Circle of Excellence Awards every year th...

Fran has been working in the Real Estate industry on a full-time basis for over 30 years and has earned NJAR Circle of Excellence Awards every year th...

Feb 8 2 minutes read

Ocean City's Real Estate market continues to experience positive growth. Year to date we have seen more than a 11% increase in sales compared to 2016 (671 to 749) and even more exciting, the average sale price has increased over 9% ($557,112 to $610,986)! The housing inventory on the island has remained low, creating buyer urgency and a very competitive market. Buyers still have time to take advantage of low mortgage rates while sellers have a great opportunity to capitalize on a Seller’s Market.

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 residential listing data in the South Jersey Shore Regional Multiple Listing Service as of 10/5/2017

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.

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