Tuesday, March 4, 2008

Ocean City Still Up and Up

Hello all. I read this in the paper today that Ocean City is still strong in the realestate market. WOW check this out below.


O.C. Realtors say prices up 6.1% in 4th quarter
Published: Tuesday, March 04, 2008
From Press staff reports
OCEAN CITY - Home prices here in the fourth quarter of 2007 were up 6.1 percent from the same period the year before, according to Multiple Listing Service figures.
Franklin Williams, president of the Ocean City Board of Realtors, said 177 sales in the most recent quarter closed at an average price of $641,655, according to the South Jersey Shore Regional MLS for Ocean City.
That's up from $604,956 for the fourth quarter of 2006, he said.

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