Ocean City, MD Real Estate News

By Scott Guay, Associate Broker. Ocean City and Ocean Pines MD
(Berkshire Hathaway Home Services PenFed Realty)
   If you would like to preview any of these Ocean City Maryland Condo listings or give me a call @ 443-614-5676. New Listings ML # List Price  Status  Beds  Baths  Building Name  Yr Built  Est SqFt  Area  449377  $350,000 Active   2  2  QUAY   1977  1131  24-80 OC - Direct Oceanfront   449370  $469,900 Active   2  2  IRENE   1974  1104  24-80 OC - Direct Oceanfront   449289  $479,900 Active   2  2  SEA WATCH   1975  0  24-80 OC - Direct Oceanfront   449329  $849,999 Active   3  3  BELMONT TOWERS   2007  1693  24-80 OC - Direct Oceanfront   449283  $1,500,000 Active   3  3.1  PYRAMID   1975  1796  24-80 OC - Direct Oceanfront   Pending ML # List Price  Status  Beds  Baths  Building Name  Yr Built  Est SqFt  Area  445817  $429,000 Pending   2  2  BOCA GRANDE   967  894  24-80 OC - Direct...
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By Scott Guay, Associate Broker. Ocean City and Ocean Pines MD
(Berkshire Hathaway Home Services PenFed Realty)
   If you would like to preview any of these Ocean City Maryland Condo listings or give me a call @ 443-614-5676.   The large number of Price Changes this week is due in part to COLDWELL BANKERS 10 Day Sales Event October 10-19 2008 Contact me for additional properties participating in this event. New Listings ML #  List Price  Status  Beds  Baths  Building Name  Yr Built  Est SqFt  Area  449078  $195,000 Active   2  2  ATLANTIS   1975  1068  24-80 OC - Direct Oceanfront   449030  $249,900 Active   0  1  ESCAPE   1975  448  24-80 OC - Direct Oceanfront   449029  $279,000 Active   1  1.1  SANDPIPER DUNES  1984  806  24-80 OC - Direct Oceanfront   448987  $322,500 Active   1  1.1  EAST WINDS   1984  577  24-80 OC - Direct Oceanfront   449103  $489,900 Active   2  2  COVINGTON TOWER  1971 ...
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By Scott Guay, Associate Broker. Ocean City and Ocean Pines MD
(Berkshire Hathaway Home Services PenFed Realty)
   If you would like to preview any of these Ocean City Maryland Condo listings or give me a call @ 443-614-5676.   New Listings ML # List Price  Status  Beds  Baths  Building Name  Yr Built  Est SqFt  Area  448856  $359,900 Active   2  2  ATLANTIS   1975  1068  24-80 OC - Direct Oceanfront   448837  $384,900 Active   1  1  FOUNTAINHEAD TO  0  0  24-80 OC - Direct Oceanfront   448866  $395,000 Active   2  2  ATLANTIS   1975  897  24-80 OC - Direct Oceanfront   448895  $395,000 Active   2  2  OCEANA   1974  1248  24-80 OC - Direct Oceanfront   448819  $409,000 Active   2  2  BRAEMAR TOWERS   1973  1000  24-80 OC - Direct Oceanfront   448803  $431,500 Active   2  2  CENTURY I   1975  1174  24-80 OC - Direct Oceanfront   448775  $495,000 Active   2  2  BREAKAWAY EAST   1981  1056  24-80 OC...
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By Ryan Haley, Ocean City MD Real Estate - DE Beach Home Realtor
(Ryan@RyanHaley.com Ocean City MD Real Estate Sales)
We are in the mist of our "second Season" hear at the beach and the market seems to be heating up! Buyer activity has increased and inventory has continued to decrease. We presently have 1,550 condos for sale in Ocean City which is a 9.5% decrease compared to 2007. There are 878 active single family homes for sale in the county which is 1% less than 2007.As prices have adjusted downward over the last year, more and more buyers have taken advantage of the extremely hot "buyers market!" This is most evident in the entry level price ranges. The $150,000-$200,000 market was up an astonishing 275% for August 2008 over that of August 2007.I am not sure if there as ever been a time in modern history that has offered as much opportunity as the resort real estate market does right now! My true i...
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By Scott Guay, Associate Broker. Ocean City and Ocean Pines MD
(Berkshire Hathaway Home Services PenFed Realty)
  Ocean City Maryland Real Estate Residential Condo Market Report for September 2008 This report includes:   Ocean City Real Estate Inventory Trends Ocean City Real Estate Listings Active at End of Month Ocean City Real Estate Sales Trends Ratified Contracts Per Month Ocean City Real Estate Market By Price Range Click on the link below for full report http://www.coastalassociationofrealtors.org/statistics/2008-home-sales/caroccc0908.pdf    For more information on Ocean Pines and Ocean City Maryland Real Estate   visit my Web Site:  www.oceancitywaterfront.com     If you would like information on properties for sale in Ocean Pines Maryland or the Ocean City Maryland area, email me with "request property information" in the subject along with your requirements and I will send along proper...
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By Scott Guay, Associate Broker. Ocean City and Ocean Pines MD
(Berkshire Hathaway Home Services PenFed Realty)
   If you would like to preview any of these Ocean City Maryland Condo listings or give me a call @ 443-614-5676. New Listings ML # List Price  Status  Beds  Baths  Building Name  Yr Built  Est SqFt  Area  448528  $289,900 Active   1  1.1  BREAKAWAY EAST   1981  612  24-80 OC - Direct Oceanfront   448702  $299,000 Active   1  1.1  SALTY SANDS I   1985  688  24-80 OC - Direct Oceanfront   448585  $315,000 Active   0  1  GOLDEN SANDS   0  0  24-80 OC - Direct Oceanfront   448720  $379,000 Active   2  2  ATLANTIS   1975  1068  24-80 OC - Direct Oceanfront   448722  $444,000 Active   2  2  ATLANTIS   1975  1068  24-80 OC - Direct Oceanfront   448613  $505,000 Active   2  2  CAROUSEL   1975  966  24-80 OC - Direct Oceanfront   448581  $599,000 Active   2  2  AMBER WAVES   0  0  24-80 OC - Di...
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By Ryan Haley, Ocean City MD Real Estate - DE Beach Home Realtor
(Ryan@RyanHaley.com Ocean City MD Real Estate Sales)
Great West Ocean City Condominium Spy Glass Cove       Ryan HaleyAssociate Broker/RealtorCompass Resort Real Estate443-614-4370 Cell877-572-6672 Toll FreeInfo@RyanHaley.comwww.RyanHaley.com Click Here For More Details Ocean City!$464,875 Welcome home to Spy Glass Cove. Fantastic 3 bedroom 2 full bath end-unit condominium featuring almost 2,000 square feet of finished living space. Wonderful upgrades include, stainless steel appliances, granite counters, hand cut cherry hardwood floors, tile kitchen and baths, crown moldings, gas fireplace, built-in wine cooler, Designer decorated with Tommie Bahama Furnishings, $6,500 flat screen TV with Surround sound (included), custom window treatments, hand sewn comforters, custom paint, and so much more!! Enjoy wonderful views of downtown Ocean Ci...
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By Ryan Haley, Ocean City MD Real Estate - DE Beach Home Realtor
(Ryan@RyanHaley.com Ocean City MD Real Estate Sales)
  Old Town Ocean City Cottage!       Ryan HaleyAssociate Broker/RealtorCompass Resort Real Estate443-614-4370 Cell877-572-6672 Toll FreeInfo@RyanHaley.comwww.RyanHaley.com Click Here For More Details Ocean City!$242,500 Seize the Day! Great opportunity to own a piece of Ocean City History! Come and enjoy this classic coastal beach cottage located in Old Town Ocean City just 2 blocks from Ocean City's World Famous Beach and Boardwalk. Features include spacious living room, 1950's Retro style kitchen, huge master bedroom and so much more! New windows in 2004, New roof in 2005. Private storage shed, outside shower, and plenty of off street parking. Would make a great beach rental or vacation home!www.AtHomeInOC.com
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By Scott Guay, Associate Broker. Ocean City and Ocean Pines MD
(Berkshire Hathaway Home Services PenFed Realty)
   If you would like to preview any of these listings or give me a call @ 443-614-5676. New Listings ML #  List Price  Status  Beds  Baths  Building Name  Yr Built  Est SqFt  Area  448426  $274,000 Active   1  1  BEACHMARK   1968  756  24-80 OC - Direct Oceanfront   448428  $285,000 Active   1  1.1  OCEANWALK   1982  612  24-80 OC - Direct Oceanfront   448295  $325,000 Active   1  1.1  OCEAN PLACE   1983  662  24-80 OC - Direct Oceanfront   448446  $339,900 Active   1  1  HIGH POINT NORT  1972  833  24-80 OC - Direct Oceanfront   448329  $344,900 Active   1  1  HIGH POINT NORT  1972  833  24-80 OC - Direct Oceanfront   448331  $437,900 Active   2  2  SURFCASTER   1985  1015  24-80 OC - Direct Oceanfront   448248  $449,500 Active   2  2  CAROUSEL   1975  966  24-80 OC - Direct Oceanfront...
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By Scott Guay, Associate Broker. Ocean City and Ocean Pines MD
(Berkshire Hathaway Home Services PenFed Realty)
  Ocean City Maryland Real Estate Residential Condo Market Report for August 2008 This report includes:   Ocean City Real Estate Inventory Trends Ocean City Real Estate Listings Active at End of Month Ocean City Real Estate Sales Trends Ratified Contracts Per Month Ocean City Real Estate Market By Price Range Click on the link below for full report http://www.coastalassociationofrealtors.org/statistics/2008-home-sales/caroccc0808.pdf    For more information on Ocean Pines and Ocean City Maryland Real Estate   visit my Web Site:  www.oceancitywaterfront.com     If you would like information on properties for sale in Ocean Pines Maryland or the Ocean City Maryland area, email me with "request property information" in the subject along with your requirements and I will send along property ...
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By Scott Guay, Associate Broker. Ocean City and Ocean Pines MD
(Berkshire Hathaway Home Services PenFed Realty)
   If you would like to preview any of these listings or give me a call @ 443-614-5676. New Listings ML # List Price  Status  Beds  Baths  Building Name  Year Built  Est SqFt  Area  448165  $424,900 Active   2  2  SANDPIPER DUNES  1984  1096  24-80 OC - Direct Oceanfront   448046  $574,900 Active   2  2  BREAKAWAY EAST   0  0  24-80 OC - Direct Oceanfront   448137  $774,900 Active   3  2  PLAZA   1985  1647  24-80 OC - Direct Oceanfront   448189  $1,350,000 Active   5  4  WHITE SANDS VIL  1969  2150  24-80 OC - Direct Oceanfront   Pending Listings ML # List Price  Status  Beds  Baths  Building Name  Year Built  Est SqFt  Area  447988  $315,000 Pending   1  1.1  LA MIRAGE   1986  787  24-80 OC - Direct Oceanfront   441650  $370,000 Pending   2  2  SEA TERRACE   1974  1225  24-80 OC - Dir...
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By Ryan Haley, Ocean City MD Real Estate - DE Beach Home Realtor
(Ryan@RyanHaley.com Ocean City MD Real Estate Sales)
Ocean City Maryland and the surrounding areas dogged a bullet this weekend as Tropical Storm Hanna came to town with very little wind left in her sails.  High surf, consistent 25-35 MPH winds, and around an inch of rain was all she had to offer.  As always, the town and our residents did a great job preparing for what could have been a disasteris event for not only public safety, but also Ocean City Real Estate (http://www.RyanHaley.com) losses.   We have a love hate relationship with the Weather Channel as for most of us, our lives and professions are greatly affected by the 3-5 day forecast.  An inaccurate weather report on a Baltimore News Station on Wednesday can lead to a monetary loss of hundreds of thousands of dollars to local businesses on Saturday and Sunday.  On the flipside,...
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By Scott Guay, Associate Broker. Ocean City and Ocean Pines MD
(Berkshire Hathaway Home Services PenFed Realty)
   If you would like to preview any of these listings or give me a call @ 443-614-5676.      New Listings ML Number  List Price  Status  Beds  Baths  Building Name  Year Built  Est SqFt  Area  447988  $315,000 Active   1  1.1  LA MIRAGE   1986  787  24-80 OC - Direct Oceanfront   448029  $419,000 Active   1  1  GOLDEN SANDS   0  691  24-80 OC - Direct Oceanfront   448016  $419,900 Active   2  2  CAPRI   0  1100  24-80 OC - Direct Oceanfront   448032  $450,000 Active   2  2  BRAEMAR TOWERS   0  0  24-80 OC - Direct Oceanfront   447875  $475,000 Pending   2  2  CAROUSEL   1975  966  24-80 OC - Direct Oceanfront   447940  $685,000 Active   3  2  SANDPIPER DUNES  1984  1338  24-80 OC - Direct Oceanfront   447881  $793,500 Active   4  4  SEA VILLAGE   0  0  24-80 OC - Direct Oceanfront   447...
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By Ryan Haley, Ocean City MD Real Estate - DE Beach Home Realtor
(Ryan@RyanHaley.com Ocean City MD Real Estate Sales)
Ocean City Maryland offers a wide variety of activities that are sure to appeal to all ages and budgets.  From the beach to the bay, Boardwalk to uptown, French fries to seafood.  We have got something for everyone!  If the beach has you worn out, and if you are starting to resemble one of our Maryland steamed crabs from too much time in the sun.  Be sure to check out the exciting minor league baseball action of our very own Delmarva Shorebirds in nearby Salisbury Maryland.  The Shorebirds are the Class "A" affiliates of the Baltimore Orioles.  Delmarva plays in the competitive South Atlantic League comprised of 16 teams.  Ticket prices start at $5 for kids and seniors, and just $6 for general admission.  The action is red hot and this is your chance to see tomorrow's big leaguers today...
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By Scott Guay, Associate Broker. Ocean City and Ocean Pines MD
(Berkshire Hathaway Home Services PenFed Realty)
   If you would like to preview any of these listings or give me a call @ 443-614-5676.   New Listings ML Number  List Price  Status  Beds  Baths  Building Name  Year Built  Est SqFt  Area  447589  $314,900 Active   2  2  ATLANTIS   1975  1023  24-80 OC - Direct Oceanfront   447670  $349,900 Active   1  1  HIGH POINT NORT  1972  833  24-80 OC - Direct Oceanfront   447815  $399,900 Active   1  1  OCEAN VILLA   1966  720  24-80 OC - Direct Oceanfront   447635  $439,000 Active   2  2  PURNELL HOUSE   1982  916  24-80 OC - Direct Oceanfront   447688  $450,000 Active   3  2  HAVERHILL   1971  979  24-80 OC - Direct Oceanfront   447750  $485,000 Active   2  2  CENTURY I   1975  1260  24-80 OC - Direct Oceanfront   447817  $489,000 Active   2  2  CENTURY I   1975  905  24-80 OC - Direct Oceanf...
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By Ryan Haley, Ocean City MD Real Estate - DE Beach Home Realtor
(Ryan@RyanHaley.com Ocean City MD Real Estate Sales)
For the first time in 35 years, it is expected that Ocean City Maryland's property values will fall by as much as 15%, when the Worcester County Assessment and Taxation office completes its tri-annual assessment this October.  At first glance, this seams like a very negative headline but the reality is that we in Ocean City just like many parts of the country are experiencing a correction in the market place.  If you compare current 2008 values to that of 2001 property values, we are close to 130% higher.  Statistics from the National Associatation of Realtors also show that on average a homes value nearly doubles every 10 years, which has been the case since World War II.  So is Real Estate a great investment?  Absolutely!    This brings me back to my original Question, is there an Uns...
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By Scott Guay, Associate Broker. Ocean City and Ocean Pines MD
(Berkshire Hathaway Home Services PenFed Realty)
   If you would like to preview any of these listings or give me a call @ 443-614-5676.   New Listings ML Number  List Price  Status  Beds  Baths  Building Name  Year Built  Est SqFt  Area  447395  $225,000 Active   2  1  NANCY CLAIR   1930  715  24-80 OC - Direct Oceanfront   447501  $321,900 Active   1  1.1  OCEANWALK   1982  612  24-80 OC - Direct Oceanfront   447584  $399,999 Active   2  2  CAPRI   1974  1090  24-80 OC - Direct Oceanfront   447504  $695,000 Active   3  2  CAROUSEL   1975  1390  24-80 OC - Direct Oceanfront   447565  $1,595,000 Active   3  3  DAYBREAK VILLAS  1999  1922  24-80 OC - Direct Oceanfront   447566  $1,695,000 Active   3  3  DAYBREAK VILLAS  1999  1922  24-80 OC - Direct Oceanfront   Pending Listings ML Number  List Price  Status  Beds  Baths  Building Name...
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By Scott Guay, Associate Broker. Ocean City and Ocean Pines MD
(Berkshire Hathaway Home Services PenFed Realty)
  Ocean City Maryland Real Estate Residential Condo Market Report for July 2008 This report includes:   Ocean City Real Estate Inventory Trends Ocean City Real Estate Listings Active at End of Month Ocean City Real Estate Sales Trends Ratified Contracts Per Month Ocean City Real Estate Market By Price Range Click on the link below for full report http://www.coastalassociationofrealtors.org/statistics/2008-home-sales/caroccc0708.pdf    For more information on Ocean Pines and Ocean City Maryland Real Estate   visit my Web Site:  www.oceancitywaterfront.com     If you would like information on properties for sale in Ocean Pines Maryland or the Ocean City Maryland area, email me with "request property information" in the subject along with your requirements and I will send along property li...
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By Scott Guay, Associate Broker. Ocean City and Ocean Pines MD
(Berkshire Hathaway Home Services PenFed Realty)
   If you would like to preview any of these listings or give me a call @ 443-614-5676.   New Listings ML Number  List Price  Status  Beds  Baths  Building Name  Year Built  Est SqFt  Area  447161  $314,900 Active   1  1  DECATUR HOUSE   1979  554  24-80 OC - Direct Oceanfront   447285  $399,900 Active   2  2  SEA TERRACE   1974  1225  24-80 OC - Direct Oceanfront   447175  $449,900 Active   2  2  PURNELL HOUSE   1983  916  24-80 OC - Direct Oceanfront   447230  $479,900 Active   2  2  OCEANA   1974  1041  24-80 OC - Direct Oceanfront   Pending Listings ML Number  List Price  Status  Beds  Baths  Building Name  Year Built  Est SqFt  Area  440086  $299,000 Pending   1  1  BEACHMARK   1968  756  24-80 OC - Direct Oceanfront   437819  $655,000 Pending   3  2  CAROUSEL   1975  1260  24-80 O...
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By Ryan Haley, Ocean City MD Real Estate - DE Beach Home Realtor
(Ryan@RyanHaley.com Ocean City MD Real Estate Sales)
Great Condo in North Ocean City, Maryland!  Located just 2 blocks to the beach and Northside Park! Click Here For More Details 12300 JAMAICA AVE Unit: 307OCEAN CITY, MD 21842 Listing Type: ResidentialList Price: $250,000Bedrooms: 2Baths: 3Sq Ft: 1,300 Sq. Ft Large 2-story townhouse style condominium located in North Ocean City. Come and enjoy almost 1,200 square feet of living space featuring, 2 bedrooms plus a den, 3 full baths, a screened porch and an additional top floor sun deck to catch all the rays! Very open kitchen/living room with breakfast bar, newer range and dishwasher. Full bath on the first floor plus two full baths on the second floor, huge master bedroom (15X13) and so much more! Excellent building that was refaced and painted, spring of 2008, new siding and gutters Mar...
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