According the the local multiple listing service, the Ocean City condominium market saw 174 new listings in May. There were 72 contracts written with 81 settlements. The average days on market is 277 days (up from 226 days in April) with a Sell Price/List Price Ratio of 91% (down for 93% in April).
Click the link below for U. S. Economic Outlook for June 2007
http://www.realtor.org/Research.nsf/files/CurrentForecast.pdf/$FILE/CurrentForecast.pdf
