Ocean City fishing pier extending over the surf, with a small bait and tackle shop.

Million Dollar Market Report

How is the Luxury Market?

The Million Dollar Market Report is focused exclusively on THE TOP OF THE LOCAL RESIDENTIAL MARKET and includes single-family homes, condominiums, and townhomes in Ocean City, Maryland.

Multi-story coastal condominium with white balconies, colorful facade sections, and a landscaped lawn.

4 Shore Point Mews Ocean City, MD – Original List price $1,559,000 USD. Currently pending $1,569,000 USD

Within the past 6 months, the market has seen 9 closed sales, 2 pending sales, and 22 active properties for sale.

Elevated coastal home with dark shingles, multiple balconies, and dune grass in front.

4201 Atlantic Ave Ocean City, MD – Currently listed at $3,499,999 USD

The average listing price is $1,491,584, and the average sold price is $1,309,444; however, the highest sale price tag won an impressive $2,300,000 sale.

Coastal condominium with stacked balconies beside a landscaped walkway.

9 Beach Walk Mews Ocean City, MD – Sold 05/19/2017 for $2,300,000 USD

Real Estate price per square foot is determined by various factors such as age, condition, and added value. The luxury average listing price per square foot is currently $532.77, and the average sold price per square foot is $492.09.

The Million Dollar Market Report was prepared for Ocean City, Maryland—Ten Miles Of Beautiful Beach. You can view the report in its entirety here.

For more information on selling or seeking luxury properties, contact me directly at (410) 430-1575 or [email protected].

Best,

Mechelle Nichols

Luxury Collection Specialist

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Contact Details

Mechelle G. Nichols

M: (410) 430-1575
O: (410) 524-7000
[email protected]



5000 Coastal Hwy. Ste 3
Ocean City, MD 21842