APRIL 2021
PAGE 2
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAY
APRIL 2021
Let Bunting G o To Bat For You!
Real Estate THE COASTAL REAL ESTATE RESOURCE Coastal Association of Realtors/Ocean City Today
Published by Ocean City Today for the Coastal Association of Realtors. Advertising in this publication is limited to members and affiliated members of the Association. The COASTAL ASSOCIATION OF REALTORS® (CAR) is a trade organization for real estate professionals in Wicomico, Worcester and Somerset Counties on the Eastern Shore of Maryland. Its membership consists of more than 1,000 REALTORs® and affiliate members serving the home-buying and home-selling needs of the public since 1957. The term REALTOR® is a registered collective membership mark, which may be used only by real estate professionals who are members of the NATIONAL ASSOCIATION OF REALTORS® and subscribe to its strict Code of Ethics. The COASTAL ASSOCIATION OF REALTORS is located at 314 Franklin Avenue, Suite 106 • Berlin, MD 21811. Phone: 410-641-4409. On the Web: www.coastalrealtor.org
10547 GRIFFIN ROAD • BERLIN Great location on this corner lot with easy access to Ocean Gateway (Rt. 50) and the beach. Lots of parking with the driveway on Friendship Road or on Griffin Road by the two-car garage. There is almost one acre of land and a covered front porch to enjoy the outside. Plenty of room in this home with a possible 4-5 rooms that have been used as bedrooms. Enter from the back deck to a mud room that has room for storage. Next is the dining/family room which leads to the kitchen or spacious living room. Separate laundry room. Some rooms have hardwood floors so there could be more under the carpets. Most of the rooms for sleeping are down a long hall. Attic access from the pull-down stairs. $275,000
9025 MARSHALL CREEK ROAD • NEWARK
OCEAN CITY TODAY is the leading newspaper publisher on the Maryland coast, with Ocean City Today publishing weekly on Friday, Bayside Gazette and Ocean City Digest publishing on Thursdays and Real Estate, the Coastal Real Estate Resource publishing key weekends throughout the year. On the Web: www.oceancitytoday.com Editor .........................................................................Stewart Dobson Managing Editor............................................................... Lisa Capitelli Assistant Publisher........................................................... Elaine Brady Account Managers ......................................... Mary Cooper, Vicki Shrier Classifieds/Legals/Production Manager .................... Nancy MacCubbin Senior Designer .............................................................. Susan Parks Graphic Artist ................................................................... Kelly Brown Publisher..................................................................... Christine Brown Admin. Assistant................................................................... Gini Tufts
If you are looking for tranquility this is the spot. Every window has a water view. Outside is a side covered porch, patio with pavers, and small pier with a dock. 8' X 12' shed with playhouse attached and some fencing is also included. Large living room open to kitchen. Hardwood floors, tile and carpet floor coverings. Kitchen has a large island with seating, coffee station, double ovens, and breakfast nook. Separate laundry room and Rinnai hot water. Screened porch with a soothing hot tub. Two bedrooms on first floor, both with walk in closets. Bathroom with claw foot tub with shower. Enormous family room with built-in bookshelves and a gas fireplace. Second floor starts loft could be used for a bedroom since it does have a closet, plus another bathroom and bedroom with a walk-in-closet and a deck. Walk in attic off of loft area. Renovations were done to the house to include new siding and roofing in 2008. $499,000 Seller is motivated.
410-641-0039 WWW.OCEANCITYTODAY.COM
Cam Bunting, Broker Bunting Realty, Inc. 24 Broad Street, Berlin, MD 21811 Office: 410-641-3313 • Cell: 410-713-2065 • www.buntingrealty.com
It’s Time To Own A Beach Home!
Your Delmarva Resort Specialist Licensed in Maryland & Delaware
Nanette Pavier
For Updated Prices & More Listings: Call 443-235-3498 Scan code or Visit my Website
Cell: 443-235-3498
Main Office: 7700 Coastal Hwy., Ocean City, MD 410-289-8888
WWW.OCEANCITYMDCONDOS4SALE.COM
Heron Harbour Isle Sales Center 120th St Open Friday-Monday 11-4 2 Outdoor Pools, Indoor Pool, Fitness Center, Tennis Courts, Sauna
NAR Designated Pricing Strategy Advisor 8703 A Caribbean Dr Mid-Town OC
3 Bedroom 2 Bath One Level Duplex Unit A MDWO120568
Currently Available 2 Bedroom 2 Bath Condo, Lots & Single Family Homes
I SOLD The marina community of Heron Harbour Isle offers 1-4 bedroom condominiums and townhouses that have boat slips. Water Front individual single family homes and lots with docks are also available. Fabulous amenities: 2 outdoor pools, indoor pool, fitness center, sauna & tennis courts. Close to the beach, shops, entertainment and Northside Park.
N
YS A D 15
Enjoy one level living in a 3 bedroom 2 bath fee simple duplex unit A in a great mid-town location just 1 block to a public boat ramp and short distance to the beach on 87th St. NO CONDO fees or By Laws. Unit A is the south corner of a one story duplex. This is a great buy for a remodeled, 1 level 3 bedroom 2 bath home so close to the beach and bay access. Bring your jet skis and kayaks to launch from the public boat ramp at the end of Caribbean Dr. Excellent rental income. The affordable beach home you've been waiting for.
301 14th St #404 Laguna Vista Top Floor Penthouse Style Unit & Boat Slip #4 - Active with Contract Stunning Seaside Décor & Beautifully Furnished 3 Bedroom 3.5 Bath, 1,900 Sq Ft & Boat Slip #4 MDWO120452 Top floor unit with cathedral ceilings & BOAT Dock #4. South facing deck with views of bay & peaks of ocean. Decorator furnished & feels more like a home with; gas fireplace, stunning finishes, luxury flooring, granite counters, ceramic tile in kitchen & bathrooms, custom kitchen cabinets, large island with seating & lots of extra closet space. Located bayside on 14th St close to the beach & boardwalk. Fantastic amenities include indoor pool & fitness center. Never rented, turn-key unit.
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAY
APRIL 2021
PAGE 3
Direct: 443.230.5043 | Office: 443.837.7455 | NorthropRealty.com
Counties To Cities; Bays To Beaches We’ve Got You Covered
ANNAPOLIS
MONKTON
ARNOLD
BETHANY BEACH
WATERFRONT $2,095,000 3720 Ramsgate Drive
$1,970,000 15315 Carroll Rd
WATER COMMUNITY $1,400,000 1199 Asquithpines Place
$1,100,000 39631 Water Works Court
LEWES
SALISBURY
MILLSBORO
MILLSBORO
$750,000 34400 Skyler Drive
$575,000 5717 King Stuart Drive
$550,000 30924 Fowlers Path
$500,000 24286 Sheilas Br
UPPER FELLS POINT
PERRY HALL
SEVERNA PARK
UNION SQUARE
$375,000 1818 Gough Street
$342,000 5132 Key View Way
$335,000 602 McKinsey Park Drive #403
$268,000 1406 W Lombard Street
OCEAN CITY
SALISBURY
SALISBURY
MARDELA SPRINGS
$190,000 507 Robin Drive #104
$185,000 524 Hammond Street
$135,000 507 Lincoln Avenue
$114,900 11159 Norris Twilley Road
Visit NorthropRealty.com/CoastalListings to view more homes.
PAGE 4
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAY
Assoc. Broker, CRS
A ct Quicck - Homes Aree Seelliing Fasst! www.MarleneOtt.com | 11001 Manklin Meadows Lane, C: 410-430-5743 • O: 410-208-3500 • F: 410-641-1633 • E-Mail: Marlene@MarleneOtt.com
COLONIAL VILLAGE • OCEAN PINES NEW LISTING
1307 McHenry Ct Ocean Pines Colonial-style 4BR/3BA on cul-de-sac street within walking distance to the Yacht Club & Mumford's Landing Pools, great food & weekend live entertainment in season at The Yacht Club. Hardwood floors on 1st floor tile in kitchen & sunroom. Separate utility room. Kitchen w/bar seating plus Breakfast room. Large pantry. Wet Bar between kitchen & dining room. Covered roof between home and detached garage. Permanent stairs to upper level storage and possibility to finish off into another room & bath. Brick patio. Dehumidifier in crawl space & new dehumidifier in garage. Seller owns the vacant lot to the left of the house & will give the new buyer the first right of refusal to purchase the lot at a $ special price.
575,000
DESIRABLE APARTMENT IN THE WOODLANDS
1135 Ocean Pkwy #310 Ocean Pines
2BR/2BA. Amenities include elevators, staff, theater room, card room, mailboxes, restaurant, hair salon & more. Entire building & each unit is handicapped accessible. Nice views of trees & woods from the 5 x 10 enclosed Sun Porch. Spacious kitchen w/bar seating area for casual dining. Great room is carpeted & has space for living and dining. 5x 5 laundry room has tile floor & cabinets for storage. Utility closet in hall has hot water heater & room for more storage. Guest hall bath along w/nice size guest bedroom. Primary bedroom w/large walk-in closet & bath w/walk-in shower. The Woodlands has on-site management and lobby security. Currently there can be no on-site showings. Call the listing agent for questions and details. Immediate occupancy.
240,000
$
APRIL 2021
Inventory shortage still at critical level Properties selling rapidly, as competition for scarce homes, condos heats up (Lower Eastern Shore, Md.) What is housing inventory and why does it matter? In short, “months of inventory” is a snapshot of time taken at the end of the month. It is the number of houses that are for sale (active listings) divided by the average number of homes sold in either the last 12 months or last month. A healthy real estate market is said to have 8-12 months of inventory available. When inventory goes above 12 months, there are more houses than buyers and it becomes a buyers’ market. When inventory drops below 8 months it becomes a seller's market and prices start to go up because homes are harder to buy. There are currently 1.56 months of inventory available in the lower three counties and it continues to drop. Because inventory is low, home prices continue to rise. The median
home price in February was $256,500, which is up from $255,000 in January and up $31,500 from February of 2020. The three counties of the lower Eastern Shore currently have just 418 active listings as compared to 1,353 in February 2020. In all three counties throughout February, new settlements were up 43.6 percent compared to the same time last year. Individually, new settlements throughout January were up by 29.7 percent in Wicomico, 45 percent in Worcester, and 110 percent in Somerset. New listings in January were down 9.7 percent compared to the same time last year in all three counties. Individually, new listings were down by 11.6 percent in Worcester, 1.4 percent in Wicomico, and 28.1 percent in Somerset from February of 2020. Active listings in all three counties were down by 62.7 percent. Individually, there were 276 active listings in Worcester, 162 in Wicomico, and 66 in Somerset. Continued on page 9
APRIL 2021
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAY
PAGE 5
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAY
PAGE 6
Berrnie Flax EEXIT REALT Y AT THE BEACH
Direct: 410-629-9070 Office: 410-208-EXIT TTeext ‘Bernie’ at 85377 forr complete info 11002 Manklin Meadows Lan ne #3 • Ocean Pines, MD 21811 Each Office Is Independently Owned & Operated
Can’t Find Yo Your Dream Home?
BUILD IT HERE E!
9 WHARF COURT • OCEAN PINES P
Waterfront lot, .26 Acres on protected canal, with easy access to bay. Enjoy all Ocean Pinees amenities. Build now to start enjoying life at the Beach!
NOW $200,000
APRIL 2021
APRIL 2021
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAY
PAGE 7
LONG & FOSTER REAL ESTATE, INC. 11701 Coastal Hwy | Ocean City Square Shopping Center | 410-524-1700
WE HAVE BUYERS IF YOU WISH TO SELL GIVE US A CALL TODAY! 102 25TH STREET #302 • OCEAN CITY
8 SWEET GUM LANE • OCEAN PINES Your chance to own a lot in Ocean Pines and build your dream home.
$85,000
1 block to the beach & OC's famous boardwalk in heart of downtown. 3BR/2BA w/Ocean & Bay views from your wraparound terrace. Open floor plan w/fireplace for the cool nights. Under building parking, secure storage and elevator. Comes fully furnished for your immediate enjoyment. Close to restaurants and activities. Schedule your showing today and getaway to your own beach paradise.
$579,000 (MDWO119400)
(MDWO115374)
CHARLES RAPPA Cell: 610-405-9621 NEW PRICE
903 JOHNSON RD SALISBURY Large corner lot, 4BR/2BA and many renovations. Seller in process of replacing wall-to-wall carpet & has hardwood floors on 1st level. Fireplace in living area. Central air, and on public water & sewer. Close to shopping & medical facilities. Basement & attic w/staircase $265,900 for access. (MDWC106342)
JACK & JOAN WALTER Cell: 410-430-1088
CHARLES RAPPA Cell: 610-405-9621 NEW LISTING
9800 COASTAL HWY #1509 • OCEAN CITY 2BR/2BA+Den that sleeps like a 3 BR! Open ocean front & bay views. Updates windows & slider, washer & dryer, carpet & floors. Premiere oceanfront building includes half acre deck w/heated outdoor pool, Tiki Bar and Grill and Kiddie Pool. Year round indoor pool w/Hot Tub and Saunas and 5-star Restaurant plus 24/7 Security, On-site Management, 4 High Speed Elevators, Beach Storage and 2 Car Parking. A Truly $545,000 (MDWO121002) Best Buy at the Beach!
MARY MCCRACKEN Cell: 410-430-7302
Join Our Team At Long & Foster Ocean City! Please call or email me for a confidential Conversation on joining our team:
Interested in a career in real estate? Classes forming now! Visit www.longandfoster.com/careers Stan Zaremba Branch Manager 410-520-2707 Stan.Zaremba@LNF.com
PAGE 8
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAY
APRIL 2021
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAY
APRIL 2021
Low inventory drives prices
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The average Cumulative Days on Market (CDOM) for January was 37, or 53.8 percent less than the same time last year. Over the last 5 years, the average DOM was 90 for February. “Homes are not sitting on the market,” said CAR President Joni Martin Williamson. “Buyers are competing for homes on the first day they land on the MLS, and sometimes even before they hit the market. “In many cases, we are seeing offers above list price and buyers are trying to remove as many contingencies as possible to make their offer the most attractive.” “We need new homes and unfortunately that is not something that happens overnight.The lower shore needs to do everything it can to make itself attractive to home builders and businesses and government needs to work with developers to incentivize smart growth. “Lack of inventory affects everyone but it hits new home buyers the hardest. “Accessing to affordable housing and all levels continues to be a cornerstone of the Coastal Association of Realtors,” Williamson said.
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OCEAN PINES
Demand is High – NOW is the Right Time to Sell!
11049 Racetrack Road Ocean Pines, MD 21811 Office: 410-641-5000
Let Us Get TOP DOLLAR for Your Home
www.shamrockrealty.com 25 W MALLARD DRIVE OCEAN PINES • $1,399,000
NEW LISTING
4 bed – 3.5 bath with breathtaking w/panoramic water views from every room. This one-of-a-kind contemporary California style home sits on the Isle of Wight Bay, looking five miles across the water at the beautiful skyline of Ocean City. Perfect for entertaining, ndoors and outdoors. Renovated in 2005-2007 and has it all. Gourmet Kitchen with spectacular views, includes granite counters, custom cabinets, Viking stove and stainless-steel appliances. Formal living room and dining room. Spacious family room with wet bar leads to a beautiful hardscape patio. Two master suites on first and second levels. Third floor has a lovely Turret/Widows Watch which overlooks entire bay. Outside deck off the turret. 200+/- Ft of Bulkhead with room for all of your water sports toys. Includes a 12,500 lb boat lift with extra-large dock and Jet ski lift.
MLS MDWO120540
1135 OCEAN PARKWAY #207 OCEAN PINES • $179,900 1BR/1BA in the Woodlands of Ocean Pines. Community Center serviced by on-site professional staff & 24/7 front desk. This light filled condo is the largest 1BR model available & only 3 of these units in entire building. Includes foyer, living room, dining room, kitchen, sunroom & primary BR & BA w/arge walk-in closet. Flooring is lush beautiful carpet, hardwood floors in kitchen & foyer. Condo fee also includes assigned parking spot, common area maintenance, cable & internet, building insurance, water and sewer & trash service.
MLS MDWO119316
61 SKIPJACK CIRCLE OCEAN PINES • $74,900 1B/1BA mobile. perfect get-away. Common area maintenance for all owners, clubhouse, laundry & bath house, swimming pool with life guard, cable TV, covered picnic area, boat marina w/slip fee usage, lawn maintenance, boat ramp, boating rentals available, boat storage w/fee available, trash service, sewer & water and management fees. Not a year round community, full time occupancy only from April 1 - September 30. MLS MDWO121110
28360 LOG CABIN ROAD SALISBURY • $385,000
NEW LISTING
3BR/4BA Rancher on 3.25 acres w/high-end updates throughout. Master suite w/walk-in closets, walk-in shower & heated floors. Dining & living room w/cathedral ceilings & gas fireplace. Sunroom leads to deck & pool. New family room/in-law suite w/private entrance. Gated patio w/outdoor kitchen & brick fireplace w/views. 2 koi ponds, fruit trees, grape arbor, blueberries & more. Barn w/work area, stalls & hay storage. Additional 2story cottage. New HVAC system & hot water heater plus a leased solar system for energy consumption efficiency.
MLS MDWC111886
LISTINGS ARE LOW AND WE HAVE PLENTY OF BUYERS LOOKING
If you are thinking of selling Don’t let this opportunity pass you by – Call Us Today!
LOOKING FOR A CAREER IN REAL ESTATE?
Check out our Website for Upcoming Career Night Classes www.shamrockrealty.com
Rosie Beauclair
Chuck Leo
Veronica Bishop
Mary Burgess
Bryan MacPherson Kelly MacPherson
Jan Castner
Brittani Phillips
Amanda Forsythe
Paul Freed
Donna Frankowski
Ollie Hitchens
Kimberly S. Jones
Isaiah Johnson
Frank Kay
Traci Kerrigan
Mike Piasecki
Matt Reed
John Rego
Lisa Rill
Lauren Smith
Pam Wadler
Ron Wesche
Julie Woulfe
PAGE 10
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAY
APRIL 2021
Inventory woes affect sales coast to coast (Washington) Existing-home sales declined in February, following two prior months of gains, according to the National Association of Realtors. Month-over-month, only one major region saw an increase in February, but all four U.S. regions recorded year-over-year gains. Total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, decreased 6.6 percent from January to a seasonally-adjusted annual rate of 6.22 million in February. Sales in total climbed year-over-year, up 9.1 percent from a year ago (5.70 million in February 2020). "Despite the drop in home sales for February – which I would attribute to historically-low inventory – the market is still outperforming pre-pandemic levels," said Lawrence Yun, NAR’s chief economist. He cautioned of a possible slowdown in growth in the coming months as higher prices and rising mortgage rates will cut into home affordability. "I still expect this year’s sales to be ahead of last year's, and with more COVID-19 vaccinations being distrib-
uted and available to larger shares of the population, the nation is on the cusp of returning to a sense of normalcy," Yun said. "Many Americans have been saving money and there's a strong possibility that once the country fully reopens, those reserves will be unleashed on the economy." The median existing-home price for all housing types in February was $313,000, up 15.8 percent from February 2020 ($270,400), as prices rose in every region. February's national price jump marks 108 straight months of year-over-year gains. NAR's 2021 “Home Buyers and Sellers Generational Trends Report,” released in Mid-March, highlights some of the effects of these price leaps, including buyers’ struggles with saving enough money for a down payment. "Home affordability is weakening," Yun said. "Various stimulus packages are expected and they will indeed help, but an increase in inventory is the best way to address surging home costs." According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage was 2.81 in February, up from 2.74
Coastal Association Affiliate Members Arrange the Change Sharon Knowles
Deeley Insurance Group Laura Bren
Marr Appraisals, Inc Kenneth Marr
Oracle Home Inspection Paul Vaillancourt
Bay Capital Mortgage Richard Proctor
Delmarva Appraisals, LLC Beverly Wilson
PrimeLending Rod Flowers
Bayshore Appraisals, Inc Janet Jones
Draper & Kramer Mortgage Corp Matthew Patterson
Maryland Department of Housing and Community Development Cecilia Weller Terry Catalano
Brennan Title Company Peter McGough John Brennan
Elite Valuations, Inc Kathleen Hoffman
Brumbly Appraisal Services Inc. Alfred Brumbley Capitol Title Insurance Agency Kathy Burton Maura Burton Pilar Burton
Embrace Home Loans Jason Cook Gary K. Marshall Insurance Agency David Galeone Gismondi Insurance Assoc Beth Gismondi
Chesapeake Remodeling Group Mike Davis
Greater OC Chamber of Commerce Nancy Schwendeman
Coastal Style Magazine Jon Westman
Guaranteed Rate Affinity Paul Soule
Coates, Coates & Coates Thomas Coates W. Hank Fisher
Hometown Inspections LLC Robert Davis Emily Davis
Community Settlement Group, LLC Scott Breza
House Master Kathy Hoffman
Cope Mediation, LLC Peter Copenhaver
Integrity Appraisals Karen Vara
CTW Real Property Appraisals C Terence Wittstadt
L Turner Appraisals LeRoy Turner
D3 Corp John Gehrig
Legum & Norman ~ an Associa Company Lisa Meck
Maryland Title Service Helene Parks Richardson Joseph Raskauskas Chrissy Roberts April Taylor McLean Mortgage Shawn Hunt Joanna Cherlariu Devon Eastlack Rebecca Harwell Beth Hunt Zack Hunt Aaron Jones Zach King Sam Kotzur Kristine Labert Mid-Atlantic Settlement Services Susan Lloyd Mortgage Network Hope Morgan Patrick Clark Kaytlyn Senkbeil O’Conor, Mooney & Fitzgerald Stacy O’Conor Omni Land Settlement Corp Vonny Pilchard
Pro-Spect Inspection Services Tia Lipko Brooke Alicea Jonathan Fourquet-Laboy Tim Harriger Eric Hastings Bradley King Edgar Martinez Jay Mast Garr Owens Jacob Stanley Nicholas Strayer Josh Rose Salisbury Neighborhood Housing Amanda Smith Leah Dyson Shorelock Home Inspections, LLC Jay Aydelotte Superior Appraisal Service Meggin Nicholson Carrie Brown T & G Builders Gary L. James John Rego Wesbanco Laura Vest
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAY
APRIL 2021
PAGE 11
‘An increase in inventory is the best way to address surging home costs.’ percent in January. The average commitment rate across all of 2020 was 3.11 percent. Total housing inventory at the end of February amounted to 1.03 million units, equal to January’s inventory and down 29.5 percent from one year ago (1.46 million). Unsold inventory sits at a 2.0-month supply at the current sales pace, slightly up from January’s 1.9-month supply and down from the 3.1-month amount recorded in February 2020. NAR first began tracking the single-family home supply in 1982. Properties typically remained on
the market for 20 days in February, down from both 21 days in January and from 36 days in February 2020. Seventy-four percent of the homes sold in February 2021 were on the market for less than a month. First-time buyers were responsible for 31 percent of sales in February, down from 33 percent in January and from 32 percent in February 2020. NAR’s 2020 Profile of Home Buyers and Sellers – released in late 20204 – revealed that the annual share of firsttime buyers was 31 percent. Individual investors or secondhome buyers, who account for many
cash sales, purchased 17 percent of homes in February, up from 15 percent in January and equal to the percentage from February 2020. All-cash sales accounted for 22 percent of transactions in February, up from both 19 percent in January and from 20 percent in February 2020. Distressed sales — foreclosures and short sales — represented less than 1 percent of sales in February, equal to January’s percentage but down from 2 percent in February 2020. Single-family home sales decreased to a seasonally-adjusted an-
nual rate of 5.52 million in February, down 6.6 percent from 5.91 million in January, and up 8.0 percent from one year ago. The median existing singlefamily home price was $317,100 in February, up 16.2 percent from February 2020. Existing condominium and co-op sales were recorded at a seasonallyadjusted annual rate of 700,000 units in February, down 6.7 percent from January and up 18.6 percent from one year ago. The median existing condo price was $280,500 in February, an increase of 12.3 percent from a year ago.
LIKE US ON
Neighbors Serving Neighbors - One Home at a Time 410-208-9200 • 800-337-7368 • 11065 Cathell Road, Ocean Pines • 8202 Coastal Highway, Ocean City • 410-723-9450 Licensed in MD, DE
• www.hilemanrealestate.com • e-mail: hilemanre@aol.com NEW LISTING!
Terri
Bradford
Associate Broker, GRI
Bethany
Drew
Licensed in MD, DE
Call Debbie Hileman at 443-235-5982
Associate Broker, GRI
WE NEED LISTINGS!!
Are you thinking of selling? Do you have friends that wish to sell? We have many buyers just WAITING for the right house!
Terri: 410-430-6875 Bethany: 410-430-2602 www.PO2Team.com Powerof2@PO2Team.com
Lynette
Bridges-Catha CRS, PMN, GREEN, SRES Licensed in MD, DE
443-497-3128 Cell Smilin4shore@comcast.net
CALL US TO FIND OUT HOW MUCH YOUR HOUSE WOULD SELL FOR OR FOR YOUR FREE PERSONALIZED HOME EVALUATION
NEW LISTING
WATERFRONT END UNIT
w/deeded boat slip #1 & boat lift. 1st floor 2BR/2BA. Nice open floor plan w/updated bathroom. Nice updates in kitchen, southern exposure waterfront, plenty of parking, at the end of the cul-de-sac. Newer HVAC & Appliances. Walk out your back patio to your boat dock. Conveniently located to many restaurants, shopping, movie theater, crabs, and so much more. Condo association is very strong. $247,164
EXPANSIVE VIEWS OF THE OCEAN, BAY, AND OCEAN CITY! Fully furnished 2BR,2BA w/oversized balcony! Spacious kitchen w/breakfast bar. Extra-large primary BR with 2 closets, washer/dryer. Both baths nicely updated. Amenities: pool, tennis courts, 4 elevators, parking, a fitness area, game room, and owner's lounge! $334,900
BLOCKS FROM BOARDWALK & BEACH
Large 3BR/2BA in downtown area. Peaks of the bay & pool from your wrap around balcony. Waterfront access. Open floor plan, kitchen w/breakfast bar, dining area & open living space. Gas fireplace. Plenty of natural light. Master bedroom & en-suite bath w/jetted soaking tub, walk-in shower. Full size washer & dryer in laundry room, outside secured storage locker & under building parking. Walk to shops, restaurants & marinas. $450,000
Kevin D.
Heselbach REALTOR , RSPS ®
Licensed in MD & DE
410-723-9450 Office kheselbachHRE @gmail.com
OCEAN PINES Lovingly cared for home with over 1700 sq. ft. 4BR/2.5BA on large lot. Newer roof, HVAC, family Room addition, remodeled white kitchen, & spacious screened porch, recently landscaped & with lots of parking. $279,500
Sonia
Zaffiris Associate Broker GRI, CRS
Licensed in MD, DE
410-251-6217 soniasez@aol.com
NEW LISTING
Tim
Ulrich Associate Broker 410-422-1441 Cell timrealestate9 @gmail.com
Cindy
Crockett REALTOR®, GR Licensed in MD
410-430-0587 Cell Cindy@HilemanReal Estate.com
NEW, NEW, NEW
3BR/1.5BA w/new windows & paint, updated floors & HVAC Heat Pump. Large screened in back porch & nice yard. Large den & utility/laundry room. $228,450
NEW LISTING
AFFORDABLE RANCHER
Southside 3 BR/2 Bath with over 1300 SF! Formal dining area, bar counter and separate breakfast area, screened porch and front deck, all offer room for entertaining. Primary BR features an 11x11 bath with walk-in closet, soaking tub, double vanity, and shower. Separate laundry rm, 2 storage sheds! Only $199,900
LARGE 3/4 ACRE WATERFRONT LOT & HOME TO BE BUILT
In the Whitetail Sanctuary Section of Ocean Pines. New Boat Dock already in place for your Boating Enjoyment! Absolutely gorgeous views of Manklin Creek and the Isle of Wight Bay. Located at the end of a peaceful Cul-de-Sac. Opportunities like this don't come often! Two Level home up to 5,000 sq.ft with $75,000 of options to be chosen by the buyer. First & 2nd level Owner's Suites, Open Great Room, Library, Laundry, Office, Sun room, Studio and Garage. Please call for plans and details. $975,000
Debora E.
Hileman OWNER/BROKER GRI & CRS Licensed in MD, DE
443-235-5982 Cell Debbie@Hileman RealEstate.com
REAL ESTATE RESOURCE: COASTAL ASSOCIATION OF REALTORS /OCEAN CITY TODAY
PAGE 12
JAMIE CAINE
APRIL 2021
Associate Broker
410-726-0725 | 410-723-8520 | JamieCOCMD@gmail.com
Search All Active Listings At: www.jamiecaine.com
12207 D Coastal Highway Ocean City, MD 21842 410-524-1203
LIST with a
LEADER
Knowledge • Experience • Dedication
• Long History of Selling Ocean City • Handled over 97 Transactions in 2020 • Personalized Hands-On Service LIST With Me To Get Your Property SOLD! BETHANY BEACH – OCEANFRONT BOARDWALK TOWNHOME
SEA WATCH #602 NEW LISTING
• Updated 4 Bedroom - 3 Bath
• 2BR/2BA + Den • Beautifully Updated • End Unit w/2 Balconies • Indoor & Outdoor Pool • Game Room • Tennis Courts • Excercise Rm & Sauna • Covered Garage
• Oceanfront Corner Unit • Unbelievable Views • New Roof and HVAC in 2017 • New Hardiplank in 2020 • No Annual/Monthly HOA Fees
$1,300,000
OCEAN PINES – UPDATED HOME IN PRIVATE SETTING
$441,900
SURF CREST #106 NEW LISTING
• Beautifully updated 3 Bedroom Rancher • All major appliances recently replaced
• 1BR/1BA Downtown
• Master with huge walk in shower
• Kitchen w/Breakfast Bar • Close to Boardwalk
& soaking bath • Crawl space insulation & gutter guards
$294,900
12445 OCEAN GATEWAY DRIVE #1401 • OCEAN CITY BUSINESS OPPORTUNITY
• Showroom • Workshop • 2 BAs • Upstairs office • Front & rear entries
• Sold As Is • Fees are $250/month
$209,900
104 OLD WHARF ROAD • OCEAN CITY WATERFRONT RESIDENTIAL BUILDING LOT
• Caine Keys II • Close to Beach • Boat Dockage
• Updated Bulkheading • Boat ramp
$299,990
LOT 9 & 8 - SEA BISCUIT ROAD • SNOW HILL
• Estate size lot • Quiet & quaint • Near Chincoteague Bay • Bay views
• Close to Public Landing
From $69,990
• Assigned Parking
$199,900
LOT 34 SOUTHHAMPTON • BISHOPVILLE
• Beautiful Bayview lot in one of OC’s Nicest Neighborhoods • Only 5 Min to Ocean City Beaches $545,000 • Possible Owner Financing
The property information herein is derived from various sources that may include, but not limited to, county records and the Multiple Listing Service and it may include approximations. Although the information is believed to be accurate, it is not warranted and you should not rely upon it without personal verification. Real estate agents affiliated with Coldwell Banker Realty are independent contractor agents and are not employees of the Company. ©2021 Coldwell Banker Realty LLC. All Rights Reserved. Coldwell Banker Realty LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Operated by a subsidiary of NRT LLC. Coldwell Banker, the Coldwell Banker logo, Coldwell Banker Previews International and the Previews logo are registered service marks owned by Coldwell Banker Realty LLC. 07/15