Here in coastal Monmouth County, there are some great opportunities in the market right now. Click on the link for each town below to find out what's been going on over the course of the past few years as a whole, and you'll see that the market is strong.
Regardless of media reports, this area maintains it value because of our natural resources, quality of life, and proximity to Manhattan. After just a 35-minute ferry ride, you find yourself back home at the beach!
The "Current Inventory" column reflects the number of active listings on the market on the 31st day of each Month.The "Months of Inventory" column is equal to the "Current Inventory" divided by the "Monthly Sales". This reflects how many months it would take to sell out of inventory at the current month's rate of sale.
Wednesday, January 09, 2008 Category - Condominiums / Area: LIT - LITTLE SILVER / County: Monmouth
Month
Year
Monthly Sales
Avg ListPrice
Avg Sale Price
% Diff Sell/list
Avg DOM
Curr Inventory
Months Inventory
January
2005
1
$795,000
$780,000
98.11%
86.0
6
6.00
February
2005
1
$479,000
$470,000
98.12%
139.0
4
4.00
March
2005
N/A
$0
$0
0%
0.0
4
0
April
2005
2
$659,900
$649,950
98.49%
97.0
7
3.50
May
2005
1
$425,000
$425,000
100.00%
98.0
10
10.00
June
2005
N/A
$0
$0
0%
0.0
7
0
July
2005
1
$875,000
$855,000
97.71%
42.0
7
7.00
August
2005
1
$489,900
$475,000
96.96%
67.0
8
8.00
September
2005
2
$612,500
$602,500
98.37%
206.0
7
3.50
October
2005
1
$399,000
$385,000
96.49%
182.0
5
5.00
November
2005
2
$467,450
$447,500
95.73%
52.0
4
2.00
December
2005
2
$387,000
$374,500
96.77%
108.0
5
2.50
Total
14
$558,975
$546,445
97.76%
107.7
7
5.15
January
2006
N/A
$0
$0
0%
0.0
6
0
February
2006
N/A
$0
$0
0%
0.0
4
0
March
2006
1
$399,000
$355,000
88.97%
12.0
3
3.00
April
2006
2
$802,000
$775,000
96.63%
143.0
2
1.00
May
2006
N/A
$0
$0
0%
0.0
6
0
June
2006
6
$659,615
$638,750
96.84%
46.0
9
1.50
July
2006
2
$682,500
$662,500
97.07%
36.0
11
5.50
August
2006
N/A
$0
$0
0%
0.0
10
0
September
2006
1
$379,900
$350,000
92.13%
104.0
9
9.00
October
2006
1
$495,000
$475,000
95.96%
115.0
12
12.00
November
2006
2
$604,900
$589,250
97.41%
17.0
11
5.50
December
2006
2
$373,500
$356,000
95.31%
136.0
9
4.50
Total
17
$549,552
$525,188
95.57%
76.1
12
5.25
January
2007
N/A
$0
$0
0%
0.0
12
0
February
2007
N/A
$0
$0
0%
0.0
10
0
March
2007
2
$528,900
$521,750
98.65%
24.0
9
4.50
April
2007
2
$531,500
$518,500
97.55%
164.0
7
3.50
May
2007
4
$649,450
$621,875
95.75%
108.0
7
1.75
June
2007
2
$829,900
$800,000
96.40%
47.0
10
5.00
July
2007
1
$749,900
$735,000
98.01%
228.0
9
9.00
August
2007
2
$859,000
$829,500
96.57%
202.0
10
5.00
September
2007
1
$429,000
$407,500
94.99%
49.0
12
12.00
October
2007
N/A
$0
$0
0%
0.0
11
0
November
2007
N/A
$0
$0
0%
0.0
10
0
December
2007
N/A
$0
$0
0%
0.0
8
0
Total
14
$653,950
$633,446
96.86%
117.4
16
5.82
Total
0
0%
N/A
N/A
N/A
Total
2005-2008
45
$440,619
$426,270
96.74%
75.3
9
4.00
Note:
The "Current Inventory" column reflects the number of active listings on the market on the 31st day of each Month.The "Months of Inventory" column is equal to the "Current Inventory" divided by the "Monthly Sales". This reflects how many months it would take to sell out of inventory at the current month's rate of sale.
--Information deemed reliable but not guaranteed--Copyright: 2008 by the Monmouth County Association of REALTORS®
The "Current Inventory" column reflects the number of active listings on the market on the 31st day of each Month.The "Months of Inventory" column is equal to the "Current Inventory" divided by the "Monthly Sales". This reflects how many months it would take to sell out of inventory at the current month's rate of sale.
--Information deemed reliable but not guaranteed--Copyright: 2008 by the Monmouth County Association of REALTORS
Wednesday, January 09, 2008 Category - Condominiums / Area: RED - RED BANK / County: Monmouth
Month
Year
Monthly Sales
Avg ListPrice
Avg Sale Price
% Diff Sell/list
Avg DOM
Curr Inventory
Months Inventory
January
2005
4
$285,825
$270,725
94.72%
38.0
16
4.00
February
2005
5
$303,640
$298,700
98.37%
49.0
17
3.40
March
2005
3
$339,300
$327,667
96.57%
80.0
20
6.67
April
2005
7
$282,471
$279,571
98.97%
43.0
22
3.14
May
2005
9
$349,044
$338,422
96.96%
46.0
22
2.44
June
2005
5
$379,600
$370,800
97.68%
67.0
24
4.80
July
2005
4
$411,225
$392,336
95.41%
38.0
27
6.75
August
2005
6
$372,800
$359,167
96.34%
52.0
29
4.83
September
2005
5
$349,858
$342,400
97.87%
45.0
34
6.80
October
2005
8
$316,850
$306,488
96.73%
40.0
39
4.88
November
2005
2
$293,500
$295,000
100.51%
74.0
31
15.50
December
2005
6
$400,017
$381,942
95.48%
43.0
32
5.33
Total
64
$340,344
$330,268
97.04%
51.3
26
5.71
January
2006
4
$351,250
$332,500
94.66%
82.0
36
9.00
February
2006
3
$363,300
$351,667
96.80%
15.0
37
12.33
March
2006
4
$409,724
$391,250
95.49%
76.0
39
9.75
April
2006
3
$258,000
$251,167
97.35%
41.0
36
12.00
May
2006
6
$369,900
$353,333
95.52%
68.0
41
6.83
June
2006
9
$374,022
$362,889
97.02%
105.0
53
5.89
July
2006
8
$582,100
$561,812
96.51%
53.0
52
6.50
August
2006
10
$605,530
$589,400
97.34%
102.0
53
5.30
September
2006
4
$777,006
$771,394
99.28%
95.0
51
12.75
October
2006
2
$249,900
$248,750
99.54%
4.0
53
26.50
November
2006
4
$255,975
$245,250
95.81%
52.0
49
12.25
December
2006
4
$235,675
$220,625
93.61%
67.0
42
10.50
Total
61
$402,699
$390,003
96.85%
63.3
45
10.80
January
2007
5
$215,280
$208,080
96.66%
46.0
49
9.80
February
2007
7
$416,029
$386,929
93.01%
87.0
46
6.57
March
2007
3
$286,333
$278,333
97.21%
71.0
47
15.67
April
2007
10
$292,150
$279,920
95.81%
99.0
50
5.00
May
2007
6
$320,300
$307,067
95.87%
68.0
48
8.00
June
2007
9
$424,189
$394,500
93.00%
80.0
57
6.33
July
2007
5
$310,280
$297,000
95.72%
53.0
52
10.40
August
2007
4
$320,950
$311,500
97.06%
126.0
47
11.75
September
2007
1
$599,000
$595,000
99.33%
27.0
49
49.00
October
2007
3
$339,000
$317,000
93.51%
152.0
40
13.33
November
2007
5
$331,500
$307,800
92.85%
61.0
33
6.60
December
2007
4
$233,225
$218,688
93.77%
100.0
34
8.50
Total
62
$340,686
$325,151
95.44%
80.8
46
12.58
Total
0
0%
N/A
N/A
N/A
Total
2005-2008
187
$270,932
$261,356
96.47%
48.8
29
7.50
Note:
The "Current Inventory" column reflects the number of active listings on the market on the 31st day of each Month.The "Months of Inventory" column is equal to the "Current Inventory" divided by the "Monthly Sales". This reflects how many months it would take to sell out of inventory at the current month's rate of sale.
--Information deemed reliable but not guaranteed--Copyright: 2008 by the Monmouth County Association of REALTORS®
The "Current Inventory" column reflects the number of active listings on the market on the 31st day of each Month.The "Months of Inventory" column is equal to the "Current Inventory" divided by the "Monthly Sales". This reflects how many months it would take to sell out of inventory at the current month's rate of sale.
--Information deemed reliable but not guaranteed--Copyright: 2008 by the Monmouth County Association of REALTORS®
The "Current Inventory" column reflects the number of active listings on the market on the 31st day of each Month.The "Months of Inventory" column is equal to the "Current Inventory" divided by the "Monthly Sales". This reflects how many months it would take to sell out of inventory at the current month's rate of sale.
--Information deemed reliable but not guaranteed--Copyright: 2008 by the Monmouth County Association of REALTORS®
Wednesday, January 09, 2008 Category - Condominiums / Area: LON - LONG BRANCH / County: Monmouth
Month
Year
Monthly Sales
Avg ListPrice
Avg Sale Price
% Diff Sell/list
Avg DOM
Curr Inventory
Months Inventory
January
2005
13
$342,077
$322,769
94.36%
67.0
82
6.31
February
2005
10
$310,290
$296,890
95.68%
54.0
91
9.10
March
2005
11
$462,000
$442,255
95.73%
92.0
87
7.91
April
2005
11
$453,682
$439,582
96.89%
79.0
99
9.00
May
2005
17
$492,224
$482,504
98.03%
79.0
103
6.06
June
2005
21
$567,855
$520,423
91.65%
79.0
105
5.00
July
2005
21
$475,657
$457,395
96.16%
65.0
87
4.14
August
2005
25
$610,256
$592,552
97.10%
79.0
87
3.48
September
2005
34
$752,185
$749,118
99.59%
66.0
101
2.97
October
2005
16
$757,088
$740,468
97.80%
58.0
96
6.00
November
2005
7
$417,643
$399,275
95.60%
73.0
95
13.57
December
2005
16
$485,675
$470,673
96.91%
53.0
72
4.50
Total
202
$510,553
$492,825
96.53%
70.3
92
6.50
January
2006
8
$515,388
$513,516
99.64%
70.0
90
11.25
February
2006
5
$475,560
$455,697
95.82%
131.0
90
18.00
March
2006
15
$583,700
$583,961
100.04%
74.0
107
7.13
April
2006
10
$501,180
$468,850
93.55%
84.0
122
12.20
May
2006
9
$538,400
$507,211
94.21%
51.0
132
14.67
June
2006
18
$499,733
$474,528
94.96%
77.0
147
8.17
July
2006
13
$374,485
$360,746
96.33%
52.0
145
11.15
August
2006
23
$389,812
$377,413
96.82%
51.0
152
6.61
September
2006
13
$396,200
$381,408
96.27%
77.0
154
11.85
October
2006
6
$558,467
$526,733
94.32%
90.0
135
22.50
November
2006
13
$591,600
$551,899
93.29%
55.0
125
9.62
December
2006
17
$493,018
$473,118
95.96%
99.0
116
6.82
Total
150
$493,129
$472,923
95.90%
75.9
126
11.66
January
2007
5
$593,760
$548,480
92.37%
79.0
127
25.40
February
2007
11
$596,827
$505,725
84.74%
87.0
137
12.45
March
2007
13
$383,769
$359,392
93.65%
84.0
111
8.54
April
2007
10
$607,140
$561,600
92.50%
63.0
123
12.30
May
2007
17
$436,541
$415,647
95.21%
107.0
136
8.00
June
2007
17
$746,951
$706,229
94.55%
111.0
139
8.18
July
2007
7
$455,543
$427,748
93.90%
94.0
139
19.86
August
2007
16
$632,025
$554,883
87.79%
91.0
138
8.63
September
2007
6
$529,000
$509,000
96.22%
62.0
119
19.83
October
2007
13
$328,904
$309,138
93.99%
131.0
103
7.92
November
2007
17
$424,582
$384,853
90.64%
122.0
103
6.06
December
2007
11
$471,127
$447,255
94.93%
168.0
101
9.18
Total
143
$517,181
$477,496
92.33%
99.9
123
12.20
Total
0
0%
N/A
N/A
N/A
Total
2005-2008
495
$380,216
$360,811
94.90%
61.5
85
7.50
Note:
The "Current Inventory" column reflects the number of active listings on the market on the 31st day of each Month.The "Months of Inventory" column is equal to the "Current Inventory" divided by the "Monthly Sales". This reflects how many months it would take to sell out of inventory at the current month's rate of sale.
--Information deemed reliable but not guaranteed--Copyright: 2008 by the Monmouth County Association of REALTORS®
Wednesday, January 09, 2008 Category - SingleFamily / Area: LON - LONG BRANCH / County: Monmouth
Month
Year
Monthly Sales
Avg ListPrice
Avg Sale Price
% Diff Sell/list
Avg DOM
Curr Inventory
Months Inventory
January
2005
9
$346,944
$333,867
96.23%
93.0
61
6.78
February
2005
11
$316,145
$310,400
98.18%
55.0
67
6.09
March
2005
17
$458,065
$421,206
91.95%
74.0
68
4.00
April
2005
15
$510,620
$521,772
102.18%
42.0
76
5.07
May
2005
20
$431,565
$418,065
96.87%
54.0
88
4.40
June
2005
14
$354,757
$351,843
99.18%
42.0
77
5.50
July
2005
21
$439,238
$420,490
95.73%
56.0
96
4.57
August
2005
17
$464,141
$451,253
97.22%
87.0
95
5.59
September
2005
15
$547,727
$541,200
98.81%
81.0
98
6.53
October
2005
10
$362,050
$352,795
97.44%
66.0
97
9.70
November
2005
19
$531,685
$502,079
94.43%
71.0
90
4.74
December
2005
14
$437,271
$421,679
96.43%
82.0
80
5.71
Total
182
$433,351
$420,554
97.05%
66.9
83
5.72
January
2006
9
$489,733
$491,767
100.42%
93.0
94
10.44
February
2006
5
$395,560
$386,380
97.68%
92.0
107
21.40
March
2006
11
$391,182
$374,042
95.62%
62.0
114
10.36
April
2006
18
$581,844
$557,944
95.89%
40.0
128
7.11
May
2006
16
$439,906
$423,088
96.18%
112.0
151
9.44
June
2006
18
$455,406
$429,239
94.25%
72.0
172
9.56
July
2006
12
$353,783
$345,283
97.60%
75.0
182
15.17
August
2006
17
$450,788
$431,344
95.69%
84.0
167
9.82
September
2006
19
$434,132
$409,564
94.34%
92.0
161
8.47
October
2006
10
$399,660
$382,290
95.65%
73.0
145
14.50
November
2006
10
$637,070
$567,600
89.10%
62.0
135
13.50
December
2006
18
$437,828
$407,240
93.01%
122.0
109
6.06
Total
163
$455,574
$433,815
95.22%
81.6
139
11.32
January
2007
11
$364,555
$338,636
92.89%
83.0
123
11.18
February
2007
9
$652,733
$516,278
79.09%
126.0
130
14.44
March
2007
13
$436,808
$406,869
93.15%
65.0
141
10.85
April
2007
6
$606,067
$501,000
82.66%
77.0
152
25.33
May
2007
7
$710,843
$633,414
89.11%
93.0
175
25.00
June
2007
14
$675,457
$610,186
90.34%
85.0
170
12.14
July
2007
11
$461,914
$434,636
94.09%
59.0
176
16.00
August
2007
6
$462,148
$430,833
93.22%
72.0
182
30.33
September
2007
3
$423,083
$353,333
83.51%
83.0
165
55.00
October
2007
8
$442,912
$414,375
93.56%
77.0
150
18.75
November
2007
8
$367,688
$335,750
91.31%
140.0
141
17.63
December
2007
9
$385,356
$376,056
97.59%
151.0
124
13.78
Total
105
$499,130
$445,947
89.34%
92.6
152
20.87
Total
0
0%
N/A
N/A
N/A
Total
2005-2008
450
$347,014
$325,079
93.68%
60.5
94
9.50
Note:
The "Current Inventory" column reflects the number of active listings on the market on the 31st day of each Month.The "Months of Inventory" column is equal to the "Current Inventory" divided by the "Monthly Sales". This reflects how many months it would take to sell out of inventory at the current month's rate of sale.
--Information deemed reliable but not guaranteed--Copyright: 2008 by the Monmouth County Association of REALTORS®
The "Current Inventory" column reflects the number of active listings on the market on the 31st day of each Month.The "Months of Inventory" column is equal to the "Current Inventory" divided by the "Monthly Sales". This reflects how many months it would take to sell out of inventory at the current month's rate of sale.
--Information deemed reliable but not guaranteed--Copyright: 2008 by the Monmouth County Association of REALTORS®
Call me for more information about buying or selling a home in the following areas: Rumson, Monmouth Beach, Fair Haven, Little Silver, Shrewsbury, Oceanport, Sea Bright, Long Branch, Red Bank, Middletown, and the surrounding areas. I know all about area schools both public and private, recreational activities, commuting options, and opportunities unique to this area.
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