Metropolitan Statistical Area (MSA):
Ocean City, NJ is a Metropolitan Statistical Area (MSA) comprising counties including .
Over the past few years, there have been some interesting trends in the real estate market in the Ocean City, NJ metropolitan statistical area. One of the most notable trends has been an increase in the number of people buying vacation homes in the area. This is likely due to a combination of factors, including low interest rates and a desire to have a place to escape from the hustle and bustle of city life.
Another trend that has been occurring is that more people are choosing to rent rather than buy their homes. This is likely due to a combination of factors as well, including the high cost of purchasing a home in the area and the fact that many people who live in Ocean City are only there for part of the year.
Whatever the reasons for these trends may be, one thing is clear: The real estate market in Ocean City, NJ is an ever-changing one.