As you can see, there is still a lot of inventory available in the Ocean Pines single family home market. As of this morning, there were 313 single family homes on the market that have not sold.
New listings continue to increase and 345 new listings have been added to the inventory this year alone.
There have been 120 homes settled so far this year and 31 contracts are pending sale.
In June we have 10 homes Settled, 9 Contracts Pending and 17 New Listings hitting the summer market.
Price changes are also up this year, with 245 price changes to date, as well as a large number of withdrawn, expired and homes back on the market.
New construction sales continue to remain slow and most economic forecast indicate that we will see more of the same throughout the remainder of the year.
If you would like more detailed information on the areas real estate market or a FREE market analysis of your home, feel free to give me a call at 410-726-4260 or visit my website at http://www.sharoncurtiss.com I will be happy to assist you.
Please visit this site often for more real estate updates.
Sharon Curtiss, REALTOR
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