Ocean City Real Estate Showing Strength-Second Quarter 2012 & YTD

The Ocean City Real Estate market is Strengthing. Second Quarter 2012-April-June & yTD

2nd Quarter:  Closed sales finished up again for the second quarter (April to June) of 2012 with 270 units closed compared to 244 for the second quarter of 2011 for a 10.66 percent increase.

YTD-The combined first and second quarter year-to-date (YTD) sales for 2012 ended with 457 units sold compared to 392 units for the same period in 2011 — for a YTD increase of 16.58 percent.

The YTD average price for 2012 was $554,595 compared to $550,151 in 2011.