OceanCity,NJ Market Report
OverallMarket Q22025
Apr1-Jun30,2025
OverallMarket Q22025
Apr1-Jun30,2025
In the second quarter,April 1st through June 30th,the total properties sold increased by 42.4%.In 2024 total properties sold were 139 as compared to 198 in 2025.
The median sale price increased by 17.5% from the second quarter of 2024 as compared to the same period this year. The median sale price in 2024 was $915,000.The median sale price in 2025 was $1,075,000.
The total sold volume for the second quarter reported an impressive 64.6% increase over the same period in 2024.Total sold volume in 2024 was $164,107,864 versus $270,075,199 in 2025.
OverallMarket
Year-to-Date
Jan1-June30,2025
Year-to-date,the overall Ocean City real estate market improved as compared to the same period prior year. Last year a total of 273 properties sold between January 1st and June 30th as compared to 323 in 2025,an increase of 18.3%.
The median sale price also showed an increase over last year.In 2024 the median sale price was $962,500 and in 2025 the median sale price was $1,100,000.This is a 14.3% increase over last year.
The overall market sold volume from January 1to June 30, 2024 was $351,952,160 The total sold volume for the same period in 2025 was $452,173,298,representing a 28.5% increase in sold volume.
OverallMarket
Year-to-Date
Jan1-June30,2025
SingleFamilyHomesMarket
Q22025
Apr1-June30,2025
SingleFamilyHomesMarket
Q22025
Apr1-June30,2025
A total of 45 single-family homes sold in the second quarter of 2025 This was a 73 1% increase over the 26 homes sold in the second quarter of 2024.
The median sale price of $1,700,100 in the second quarter of 2025 was a 24.9% decrease over the same period last year when the median sale price was $2,265,265.
The second quarter of 2025 reported a total sold volume of $107,646,100.This represents a 71.3% increase from the second quarter of 2024 total sold volume of $62,832,531.
SingleFamilyHomesMarket
Year-to-Date
Jan1-June30,2025
For the year-to-date,January 1to June 30,the Single-Family Home market showed a 33.3% increase over the same period last year.In 2024, 63 single-family homes sold and in 2025 84 homes sold.
A modest 4.8% increase was reported for the median sale price. The median sale price year-to-date in 2024 was $1,875,000 and year-to-date 2025 was $1,965,000.
The year-to-date total through June 30th sold volume of $194,400,100 rose 43.7% from the same period last year?s reported figure of $135,308,530.
SingleFamilyHomesMarket
Year-to-Date
Jan1-June30,2025
CondominiumMarket Q22025
Apr1-June30,2025
CondominiumMarket
Apr1-June30,2025
In the second quarter the condominium market showed a 39.2% increase in the total properties sold as compared to the second quarter of 2024.A total of 102 condominiums sold in Q2 2024 versus 142 during the same period of 2025.
The median sale price rose by 10.1% from second quarter 2024 to second quarter 2025.In 2024 the median sale price was $851,550; in 2025 the median sale price was $937,500.
In the second quarter of 2024,the total volume sold was $94,449,333.In the same period of 2025,the total volume sold was $152,656,099,a 61.6% increase.
CondominiumMarket
Year-to-Date
Jan1-June30,2025
Year-to-date through June 30th,223 condominiums sold in 2025,an increase of 17.8% above the 190 condos sold in the same period of 2024.
The 2025 median sale price increased by 11.8% from 2024.The 2024 median sale price was $861,250 versus $960,000 in 2025.
When comparing year-to-date 2025 to the previous year,2025 shows a 26.4% increase from the previous year.In 2024,the total sold volume for the second quarter was $191,107,130; total sold volume in 2025 was $241,601,198.
CondominiumMarket
Year-to-Date
Jan1-June30,2025
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Data Source: South Jersey Shore Regional Multiple Listing Service Information contained in this report is deemed accurate but not guaranteed
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