PAGE 4 LIFE.STYLE.HOMES THE DISPATCH Worcester County Condominiums Active Listings Contracts Settlements Days On Market List Price Sales Price Sell Price/List Price 2013 973 703 627 2012 1,057 668 574 % CHANGE - 7.9% + 5.2% + 9.2% MEDIAN 88 $292,400 $285,000 95.23% table of contents I I I I I Housing Market Statistics ........... Pages 4-5 Rising Mortgage Rates’ Impact .... Page 10 How To Lower Monthly Bills .......... Page 12 Upcoming Special Events .............. Page 13 “Seller’s Market” Nearly Here ......... Page 14 featured advertisers I Prudential PenFed Realty-Mechelle Nichols ..... Page 2 I Mark Fritschle-Kevin Decker ..........................… Page 3 I Mark Fritschle-Ed Wehnert .............................… Page 4 I Richardson Enterprises ...................................... Page 5 I RE/MAX-Edie Brennan ..................................… Page 5 I Mark Fritschle-Kim Lucido-McCabe .................... Page 6 I Coastal Association Of Realtors .........................Page 6 I Prudential PenFed Realty ...............................… Page 7 I Prudential PenFed Realty-Joy Snyder .......... Pages 8-9 I Prudential PenFed Realty-Debbie Bennington . Page 10 I Condo Realty, Inc. ........................................... Page 11 I RE/MAX-Mary Ann O’Malley.........................… Page 12 I Long & Foster-Tina Gugliotta ........................... Page 12 I Bunting Realty Inc. .......................................… Page 13 I Sea Gate Rentals .........................................… Page 14 I CAMBR-Barbara Passwater .........................… Page 14 I Long & Foster-Tim Meadowcroft .......................Page 15 I Long & Foster …............................................... Page 16 (A QUARTERLY PUBLICATION FROM THE MD. COAST DISPATCH, INC.) AVERAGE 188 $339,927 $323,936 95.01% Homes Active Listings Contracts Settlements Days On Market List Price Sales Price Sell Price/List Price 2013 635 508 430 2012 618 411 365 % CHANGE + 2.8% +23.6% +17.8% MEDIAN 74 $219,900 $204,000 94.68% AVERAGE 144 $293,052 $268,948 93.95% Source: Coastal Association Of Realtors Data As Of Sept. 1, 2013 ATTENTION COMMERCIAL PROPERTY OWNERS OR INVESTORS: If you are interested in selling or investing in commercial property a hotel or motel, retail store, restaurant, income producing property or land for development - I am available to handle your Commercial Real Estate needs. Contact me at 410.726.2022 for a confidential consultation! I specialize in Commercial Real Estate and I have the training and experience to negotiate a successful transaction! Ed Wehnert, Associate Broker, CCIM Certified Commercial Investment Member Since 1986 410.726.2022 | ewehnert@verizon.net www.OceanCityCommercialProperty.com 6200 Coastal Highway, Suite 101 Ocean City, Maryland 21842