First quarter activity at Ocean Grove Condominiums was minimal as the low inventory trend continues. The lone selling unit broke the upward trend on the average list price that had resumed mid-2022. Demand for Ocean Grove Condominiums units may be waning as evidenced by the longer time on market for the last couple sales. The result of pending and future sales should help provide a clearer picture on demand and price trends. Prospective sellers should take note. The peak in pricing is unlikely to continue forever. Stay tuned.
