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Sunday, February 23, 2025

Ocean View home prices rise in August 2017

Realestate5

The median sale price of a home sold in August 2017 in Ocean View rose by $36,000 while total sales increased by 200%, according to BlockShopper.com.

In August 2017, there were 12 homes sold, with a median sale price of $318,500 - a 12.7% increase over the $282,500 median sale price for the same period of the previous year. There were four homes sold in Ocean View in August 2016.

The following table compares Ocean View to other Sussex County cities with similar median sales prices in August 2017:

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Fairway Villas21100%$337,500$269,00025.5%
Carsylian Acres10-$337,244$0-
Phil Mar Estates35-40%$335,900$250,00034.4%
Rehoboth Manor20-$332,000$0-
Breezewood21100%$327,450$198,00065.4%
Ocean View124200%$318,500$282,50012.7%
The Landing20-$309,000$0-
Murrays Haven20-$302,750$0-
Maplewood21100%$285,500$250,00014.2%
Overbrook Shores21100%$280,500$260,0007.9%
Milton73133.3%$268,900$242,50010.9%

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