Maureen's Blog

What's happening in Monmouth County?

Maureen Kelly (Heritage House Sotheby's International Realty) — Wed, 09 Jan 2008 14:57:09 -0600

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!

Rumson
Monmouth Beach
Fair Haven
Little Silver
Shrewsbury
Oceanport
Sea Bright
Atlantic Highlands
Long Branch
Red Bank

Atlantic Highlands, NJ - Real Estate Market Facts (condos only), Jan. 9, 2008

Maureen Kelly (Heritage House Sotheby's International Realty) — Wed, 09 Jan 2008 14:13:19 -0600

Sales and Inventory History

Wednesday, January 09, 2008
Category - Condominiums / Area: ATL - ATLANTIC HIGHLANDS / County: Monmouth
Month Year Monthly Sales Avg ListPrice Avg Sale Price % Diff Sell/list Avg DOM Curr Inventory Months Inventory
January 2005 N/A $0 $0 0% 0.0 3 0
February 2005 2 $372,450 $358,950 96.38% 74.0 2 1.00
March 2005 1 $179,999 $175,000 97.22% 33.0 2 2.00
April 2005 2 $339,450 $338,250 99.65% 57.0 2 1.00
May 2005 1 $465,000 $450,000 96.77% 180.0 2 2.00
June 2005 1 $214,900 $212,000 98.65% 50.0 1 1.00
July 2005 1 $439,900 $425,000 96.61% 70.0 2 2.00
August 2005 N/A $0 $0 0% 0.0 3 0
September 2005 1 $410,000 $390,000 95.12% 269.0 4 4.00
October 2005 N/A $0 $0 0% 0.0 5 0
November 2005 N/A $0 $0 0% 0.0 5 0
December 2005 1 $212,000 $207,000 97.64% 93.0 4 4.00

Total 10 $329,212 $319,525 97.06% 103.3 4 2.13

January 2006 1 $198,125 $200,000 100.95% 60.0 5 5.00
February 2006 N/A $0 $0 0% 0.0 11 0
March 2006 1 $239,000 $225,570 94.38% 17.0 12 12.00
April 2006 1 $199,000 $189,000 94.97% 8.0 14 14.00
May 2006 3 $225,667 $225,667 100.00% 18.0 9 3.00
June 2006 3 $211,267 $202,667 95.93% 22.0 11 3.67
July 2006 2 $199,000 $199,000 100.00% 64.0 11 5.50
August 2006 2 $204,450 $197,500 96.60% 90.0 9 4.50
September 2006 N/A $0 $0 0% 0.0 11 0
October 2006 N/A $0 $0 0% 0.0 9 0
November 2006 N/A $0 $0 0% 0.0 20 0
December 2006 N/A $0 $0 0% 0.0 19 0

Total 13 $210,930 $205,629 97.49% 39.9 20 6.81

January 2007 1 $239,000 $203,500 85.15% 29.0 19 19.00
February 2007 3 $286,800 $273,333 95.30% 155.0 14 4.67
March 2007 1 $239,000 $239,000 100.00% 4.0 11 11.00
April 2007 1 $295,000 $275,000 93.22% 73.0 12 12.00
May 2007 6 $221,583 $219,250 98.95% 38.0 9 1.50
June 2007 1 $274,500 $257,500 93.81% 101.0 7 7.00
July 2007 1 $179,999 $151,000 83.89% 150.0 7 7.00
August 2007 2 $203,675 $205,425 100.86% 4.0 8 4.00
September 2007 1 $165,000 $145,000 87.88% 155.0 5 5.00
October 2007 1 $160,000 $152,000 95.00% 21.0 4 4.00
November 2007 1 $175,900 $165,000 93.80% 159.0 5 5.00
December 2007 1 $208,000 $208,000 100.00% 20.0 4 4.00

Total 20 $220,705 $207,834 94.17% 75.8 9 7.01


Total 0 0% N/A N/A N/A

Total 2005-2008 43 $190,212 $183,247 96.34% 54.8 8 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.

Little Silver, NJ - Real Estate Market Facts (condos only), Jan. 9, 2008

Maureen Kelly (Heritage House Sotheby's International Realty) — Wed, 09 Jan 2008 14:08:54 -0600

Sales and Inventory History

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®

Oceanport, NJ - Real Estate Facts (condos only), Jan. 9, 2008

Maureen Kelly (Heritage House Sotheby's International Realty) — Wed, 09 Jan 2008 14:03:17 -0600

Sales and Inventory History

Wednesday, January 09, 2008
Category - Condominiums / Area: OCP - OCEANPORT / County: Monmouth
Month Year Monthly Sales Avg ListPrice Avg Sale Price % Diff Sell/list Avg DOM Curr Inventory Months Inventory
January 2005 N/A $0 $0 0% 0.0 1 0
February 2005 N/A $0 $0 0% 0.0 1 0
March 2005 N/A $0 $0 0% 0.0 2 0
April 2005 N/A $0 $0 0% 0.0 3 0
May 2005 N/A $0 $0 0% 0.0 1 0
June 2005 2 $362,000 $355,000 98.07% 78.0 1 0.50
July 2005 2 $417,450 $406,000 97.26% 29.0 1 0.50
August 2005 1 $379,000 $372,000 98.15% 16.0 2 2.00
September 2005 1 $384,500 $380,000 98.83% 102.0 2 2.00
October 2005 N/A $0 $0 0% 0.0 3 0
November 2005 1 $385,000 $365,000 94.81% 28.0 4 4.00
December 2005 N/A $0 $0 0% 0.0 4 0

Total 7 $385,590 $375,600 97.41% 50.6 5 1.80

January 2006 N/A $0 $0 0% 0.0 5 0
February 2006 N/A $0 $0 0% 0.0 6 0
March 2006 N/A $0 $0 0% 0.0 6 0
April 2006 N/A $0 $0 0% 0.0 5 0
May 2006 N/A $0 $0 0% 0.0 5 0
June 2006 N/A $0 $0 0% 0.0 5 0
July 2006 N/A $0 $0 0% 0.0 5 0
August 2006 N/A $0 $0 0% 0.0 6 0
September 2006 N/A $0 $0 0% 0.0 6 0
October 2006 N/A $0 $0 0% 0.0 7 0
November 2006 1 $329,900 $315,000 95.48% 47.0 4 4.00
December 2006 3 $359,600 $345,555 96.09% 40.0 4 1.33

Total 4 $344,750 $330,278 95.80% 43.5 32 2.67

January 2007 N/A $0 $0 0% 0.0 4 0
February 2007 1 $375,000 $352,000 93.87% 118.0 4 4.00
March 2007 N/A $0 $0 0% 0.0 5 0
April 2007 N/A $0 $0 0% 0.0 6 0
May 2007 N/A $0 $0 0% 0.0 8 0
June 2007 N/A $0 $0 0% 0.0 8 0
July 2007 1 $372,600 $310,000 83.20% 22.0 8 8.00
August 2007 1 $399,900 $380,000 95.02% 59.0 7 7.00
September 2007 N/A $0 $0 0% 0.0 7 0
October 2007 1 $346,400 $332,500 95.99% 8.0 5 5.00
November 2007 1 $368,900 $362,500 98.27% 167.0 6 6.00
December 2007 1 $259,000 $222,000 85.71% 185.0 5 5.00

Total 6 $353,633 $326,500 92.33% 93.2 12 5.83


Total 0 0% N/A N/A N/A

Total 2005-2008 17 $270,993 $258,094 95.24% 47.0 12 2.50

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

Red Bank, NJ - Real Estate Market Facts (condos only), Jan. 9, 2008

Maureen Kelly (Heritage House Sotheby's International Realty) — Wed, 09 Jan 2008 13:59:47 -0600

Sales and Inventory History

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®

Sea Bright, NJ - Real Estate Market Facts (condos only), Jan. 9, 2008

Maureen Kelly (Heritage House Sotheby's International Realty) — Wed, 09 Jan 2008 13:52:57 -0600

Sales and Inventory History

Wednesday, January 09, 2008
Category - Condominiums / Area: SEA - SEA BRIGHT / County: Monmouth
Month Year Monthly Sales Avg ListPrice Avg Sale Price % Diff Sell/list Avg DOM Curr Inventory Months Inventory
January 2005 3 $828,133 $793,500 95.82% 42.0 9 3.00
February 2005 2 $425,950 $420,500 98.72% 42.0 7 3.50
March 2005 2 $787,500 $780,000 99.05% 47.0 9 4.50
April 2005 5 $608,540 $589,400 96.85% 63.0 12 2.40
May 2005 N/A $0 $0 0% 0.0 12 0
June 2005 4 $759,500 $724,750 95.42% 72.0 14 3.50
July 2005 2 $281,500 $278,500 98.93% 18.0 15 7.50
August 2005 2 $867,450 $835,000 96.26% 67.0 19 9.50
September 2005 2 $269,900 $257,000 95.22% 32.0 20 10.00
October 2005 3 $474,633 $450,000 94.81% 94.0 20 6.67
November 2005 1 $1,100 $1,000 90.91% 40.0 19 19.00
December 2005 1 $975,000 $962,500 98.72% 18.0 18 18.00

Total 27 $570,837 $553,832 97.02% 48.6 16 7.96

January 2006 1 $524,900 $505,000 96.21% 173.0 20 20.00
February 2006 1 $2,000 $14,350 717.50% 30.0 21 21.00
March 2006 3 $631,333 $595,000 94.25% 42.0 18 6.00
April 2006 3 $642,967 $597,833 92.98% 131.0 22 7.33
May 2006 3 $198,333 $192,333 96.97% 145.0 26 8.67
June 2006 5 $473,440 $434,000 91.67% 87.0 24 4.80
July 2006 3 $306,633 $286,333 93.38% 25.0 24 8.00
August 2006 1 $149,900 $140,000 93.40% 49.0 26 26.00
September 2006 4 $879,750 $832,500 94.63% 68.0 22 5.50
October 2006 1 $255,000 $240,000 94.12% 12.0 25 25.00
November 2006 N/A $0 $0 0% 0.0 24 0
December 2006 1 $995,000 $894,600 89.91% 60.0 18 18.00

Total 26 $459,932 $430,177 93.53% 74.7 25 13.66

January 2007 1 $1,099,000 $1,030,000 93.72% 42.0 16 16.00
February 2007 1 $470,000 $450,000 95.74% 98.0 18 18.00
March 2007 4 $424,925 $408,750 96.19% 113.0 15 3.75
April 2007 2 $949,500 $917,500 96.63% 106.0 17 8.50
May 2007 2 $884,500 $850,000 96.10% 69.0 21 10.50
June 2007 4 $799,725 $776,250 97.06% 153.0 21 5.25
July 2007 3 $512,667 $480,667 93.76% 130.0 24 8.00
August 2007 1 $1,249,900 $1,115,000 89.21% 146.0 20 20.00
September 2007 N/A $0 $0 0% 0.0 21 0
October 2007 N/A $0 $0 0% 0.0 17 0
November 2007 3 $827,667 $747,083 90.26% 134.0 15 5.00
December 2007 2 $379,000 $323,750 85.42% 50.0 16 8.00

Total 23 $759,688 $709,900 93.45% 104.1 22 10.30


Total 0 0% N/A N/A N/A

Total 2005-2008 76 $447,614 $423,477 94.61% 57.0 16 8.00

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®

Monmouth Beach, NJ - Real Estate Market Facts (condos only), Jan. 9, 2008

Maureen Kelly (Heritage House Sotheby's International Realty) — Wed, 09 Jan 2008 13:50:11 -0600

Sales and Inventory History

Wednesday, January 09, 2008
Category - Condominiums / Area: MON - MONMOUTH BEACH / County: Monmouth
Month Year Monthly Sales Avg ListPrice Avg Sale Price % Diff Sell/list Avg DOM Curr Inventory Months Inventory
January 2005 2 $647,000 $635,500 98.22% 16.0 22 11.00
February 2005 1 $259,000 $250,000 96.53% 88.0 25 25.00
March 2005 1 $569,900 $540,000 94.75% 15.0 27 27.00
April 2005 6 $488,817 $462,083 94.53% 64.0 26 4.33
May 2005 8 $446,862 $424,250 94.94% 76.0 24 3.00
June 2005 7 $453,986 $445,857 98.21% 70.0 30 4.29
July 2005 8 $362,450 $341,500 94.22% 79.0 32 4.00
August 2005 5 $567,640 $525,380 92.56% 30.0 34 6.80
September 2005 9 $475,278 $460,600 96.91% 55.0 36 4.00
October 2005 3 $499,633 $474,000 94.87% 36.0 29 9.67
November 2005 2 $452,500 $412,500 91.16% 77.0 28 14.00
December 2005 8 $521,462 $497,594 95.42% 105.0 26 3.25

Total 60 $478,711 $455,772 95.21% 59.3 28 9.70

January 2006 4 $454,750 $419,000 92.14% 94.0 23 5.75
February 2006 4 $324,725 $305,000 93.93% 104.0 29 7.25
March 2006 3 $316,267 $292,000 92.33% 54.0 33 11.00
April 2006 3 $501,767 $483,333 96.33% 40.0 32 10.67
May 2006 10 $483,450 $460,800 95.31% 69.0 28 2.80
June 2006 4 $418,225 $399,125 95.43% 88.0 26 6.50
July 2006 4 $302,450 $287,750 95.14% 94.0 31 7.75
August 2006 1 $370,000 $320,000 86.49% 135.0 34 34.00
September 2006 3 $429,600 $399,967 93.10% 35.0 37 12.33
October 2006 4 $528,225 $518,250 98.11% 160.0 42 10.50
November 2006 3 $409,267 $386,575 94.46% 109.0 35 11.67
December 2006 5 $432,960 $407,600 94.14% 101.0 30 6.00

Total 48 $414,307 $389,950 94.12% 90.3 32 10.52

January 2007 2 $392,000 $398,500 101.66% 38.0 39 19.50
February 2007 1 $235,000 $220,000 93.62% 5.0 42 42.00
March 2007 3 $560,967 $517,333 92.22% 159.0 42 14.00
April 2007 5 $550,760 $529,600 96.16% 70.0 42 8.40
May 2007 4 $422,450 $406,250 96.17% 82.0 44 11.00
June 2007 4 $508,200 $487,250 95.88% 40.0 41 10.25
July 2007 8 $501,088 $481,625 96.12% 82.0 34 4.25
August 2007 7 $401,614 $386,786 96.31% 82.0 36 5.14
September 2007 4 $482,250 $448,000 92.90% 93.0 30 7.50
October 2007 7 $492,171 $464,786 94.44% 157.0 30 4.29
November 2007 1 $419,900 $400,000 95.26% 189.0 27 27.00
December 2007 3 $354,667 $333,333 93.98% 101.0 26 8.67

Total 49 $443,422 $422,789 95.35% 91.5 36 13.50


Total 0 0% N/A N/A N/A

Total 2005-2008 157 $334,110 $317,128 94.92% 60.3 24 8.50

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®

Long Branch, NJ - Real Estate Market Facts (condos only), Jan. 9, 2008

Maureen Kelly (Heritage House Sotheby's International Realty) — Wed, 09 Jan 2008 13:46:13 -0600

Sales and Inventory History

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®

Long Branch, NJ - Real Estate Market Facts, Jan. 9, 2008

Maureen Kelly (Heritage House Sotheby's International Realty) — Wed, 09 Jan 2008 13:42:03 -0600

Sales and Inventory History

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®

Sea Bright, NJ - Real Estate Market Facts, Jan. 9, 2008

Maureen Kelly (Heritage House Sotheby's International Realty) — Wed, 09 Jan 2008 13:33:55 -0600

Sales and Inventory History

Wednesday, January 09, 2008
Category - SingleFamily / Area: SEA - SEA BRIGHT / County: Monmouth
Month Year Monthly Sales Avg ListPrice Avg Sale Price % Diff Sell/list Avg DOM Curr Inventory Months Inventory
January 2005 1 $599,900 $580,000 96.68% 40.0 10 10.00
February 2005 2 $1,625,000 $1,502,500 92.46% 106.0 10 5.00
March 2005 3 $363,266 $359,133 98.86% 32.0 8 2.67
April 2005 3 $431,600 $421,633 97.69% 65.0 9 3.00
May 2005 2 $1,462,000 $1,431,000 97.88% 160.0 9 4.50
June 2005 N/A $0 $0 0% 0.0 13 0
July 2005 1 $1,750,000 $1,600,000 91.43% 109.0 17 17.00
August 2005 1 $1,500,000 $1,500,000 100.00% 21.0 16 16.00
September 2005 2 $1,130,000 $1,060,000 93.81% 43.0 18 9.00
October 2005 N/A $0 $0 0% 0.0 23 0
November 2005 N/A $0 $0 0% 0.0 28 0
December 2005 2 $444,900 $417,500 93.84% 78.0 27 13.50

Total 17 $1,034,074 $985,752 95.33% 72.7 21 8.96

January 2006 N/A $0 $0 0% 0.0 29 0
February 2006 N/A $0 $0 0% 0.0 23 0
March 2006 N/A $0 $0 0% 0.0 29 0
April 2006 1 $299,900 $270,000 90.03% 181.0 32 32.00
May 2006 4 $1,657,225 $1,414,250 85.34% 150.0 35 8.75
June 2006 1 $3,750,000 $3,600,000 96.00% 94.0 35 35.00
July 2006 1 $289,000 $260,000 89.97% 50.0 32 32.00
August 2006 9 $2,070,978 $1,145,944 55.33% 100.0 36 4.00
September 2006 N/A $0 $0 0% 0.0 29 0
October 2006 3 $594,633 $555,000 93.33% 83.0 27 9.00
November 2006 2 $702,500 $615,000 87.54% 100.0 21 10.50
December 2006 1 $2,950,000 $2,575,000 87.29% 125.0 17 17.00

Total 22 $1,539,280 $1,304,399 84.74% 110.4 43 18.53

January 2007 2 $639,500 $629,500 98.44% 186.0 11 5.50
February 2007 N/A $0 $0 0% 0.0 20 0
March 2007 3 $1,829,633 $1,719,667 93.99% 120.0 26 8.67
April 2007 N/A $0 $0 0% 0.0 28 0
May 2007 1 $859,000 $850,000 98.95% 46.0 26 26.00
June 2007 2 $962,450 $825,000 85.72% 39.0 27 13.50
July 2007 N/A $0 $0 0% 0.0 26 0
August 2007 N/A $0 $0 0% 0.0 28 0
September 2007 1 $367,000 $335,000 91.28% 176.0 31 31.00
October 2007 2 $349,000 $325,000 93.12% 120.0 22 11.00
November 2007 2 $724,945 $612,500 84.49% 194.0 19 9.50
December 2007 2 $824,500 $680,000 82.47% 140.0 18 9.00

Total 15 $819,504 $747,083 91.16% 127.6 35 14.27


Total 0 0% N/A N/A N/A

Total 2005-2008 54 $848,214 $759,309 89.52% 77.8 25 10.25

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®

Atlantic Highlands, NJ - Real Estate Market Facts, Jan. 9, 2008

Maureen Kelly (Heritage House Sotheby's International Realty) — Wed, 09 Jan 2008 13:31:32 -0600

Sales and Inventory History

Wednesday, January 09, 2008
Category - SingleFamily / Area: ATL - ATLANTIC HIGHLANDS / County: Monmouth
Month Year Monthly Sales Avg ListPrice Avg Sale Price % Diff Sell/list Avg DOM Curr Inventory Months Inventory
January 2005 5 $497,540 $483,200 97.12% 149.0 28 5.60
February 2005 5 $641,740 $607,000 94.59% 65.0 28 5.60
March 2005 2 $449,900 $427,500 95.02% 84.0 30 15.00
April 2005 5 $346,680 $330,600 95.36% 57.0 40 8.00
May 2005 4 $843,600 $778,625 92.30% 74.0 42 10.50
June 2005 8 $511,262 $491,188 96.07% 61.0 42 5.25
July 2005 11 $592,426 $563,045 95.04% 108.0 39 3.55
August 2005 5 $360,180 $343,000 95.23% 101.0 32 6.40
September 2005 7 $452,686 $432,236 95.48% 63.0 31 4.43
October 2005 8 $683,725 $669,988 97.99% 91.0 33 4.13
November 2005 1 $695,000 $665,000 95.68% 101.0 31 31.00
December 2005 2 $414,450 $385,250 92.95% 88.0 30 15.00

Total 63 $540,766 $514,719 95.18% 86.8 34 9.54

January 2006 5 $698,540 $651,600 93.28% 130.0 29 5.80
February 2006 N/A $0 $0 0% 0.0 28 0
March 2006 2 $534,000 $507,500 95.04% 34.0 38 19.00
April 2006 4 $571,150 $552,625 96.76% 90.0 35 8.75
May 2006 2 $347,000 $332,500 95.82% 140.0 45 22.50
June 2006 4 $483,850 $484,375 100.11% 51.0 47 11.75
July 2006 6 $489,817 $479,000 97.79% 70.0 42 7.00
August 2006 4 $447,200 $434,225 97.10% 44.0 49 12.25
September 2006 6 $612,800 $535,833 87.44% 67.0 48 8.00
October 2006 N/A $0 $0 0% 0.0 42 0
November 2006 3 $904,666 $863,333 95.43% 90.0 37 12.33
December 2006 6 $553,483 $507,000 91.60% 68.0 35 5.83

Total 42 $564,251 $534,799 94.78% 78.4 48 11.32

January 2007 4 $522,950 $491,875 94.06% 74.0 40 10.00
February 2007 2 $419,450 $403,750 96.26% 118.0 36 18.00
March 2007 1 $899,000 $850,000 94.55% 179.0 39 39.00
April 2007 7 $403,200 $379,714 94.18% 122.0 42 6.00
May 2007 4 $374,172 $365,600 97.71% 58.0 48 12.00
June 2007 7 $613,943 $593,900 96.74% 123.0 49 7.00
July 2007 5 $756,200 $705,800 93.34% 64.0 51 10.20
August 2007 6 $433,991 $395,167 91.05% 111.0 42 7.00
September 2007 4 $631,975 $599,425 94.85% 144.0 35 8.75
October 2007 4 $676,950 $573,625 84.74% 162.0 35 8.75
November 2007 3 $961,667 $927,333 96.43% 135.0 30 10.00
December 2007 2 $368,450 $321,000 87.12% 130.0 26 13.00

Total 49 $588,496 $550,599 93.56% 118.3 39 12.48


Total 0 0% N/A N/A N/A

Total 2005-2008 154 $423,378 $400,029 94.49% 70.8 30 8.25

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®

Oceanport, NJ - Real Estate Market Facts, Jan. 9, 2008

Maureen Kelly (Heritage House Sotheby's International Realty) — Wed, 09 Jan 2008 13:29:08 -0600

Sales and Inventory History

Wednesday, January 09, 2008
Category - SingleFamily / Area: OCP - OCEANPORT / County: Monmouth
Month Year Monthly Sales Avg ListPrice Avg Sale Price % Diff Sell/list Avg DOM Curr Inventory Months Inventory
January 2005 3 $639,633 $595,000 93.02% 93.0 29 9.67
February 2005 N/A $0 $0 0% 0.0 28 0
March 2005 7 $538,057 $511,893 95.14% 62.0 31 4.43
April 2005 1 $285,000 $275,000 96.49% 175.0 31 31.00
May 2005 7 $564,529 $542,786 96.15% 74.0 36 5.14
June 2005 8 $674,550 $653,362 96.86% 74.0 36 4.50
July 2005 6 $504,117 $471,083 93.45% 67.0 34 5.67
August 2005 8 $749,825 $729,672 97.31% 64.0 30 3.75
September 2005 7 $983,043 $927,857 94.39% 81.0 33 4.71
October 2005 2 $639,450 $629,500 98.44% 252.0 39 19.50
November 2005 5 $732,000 $700,000 95.63% 68.0 44 8.80
December 2005 5 $705,580 $669,500 94.89% 87.0 39 7.80

Total 59 $637,799 $609,605 95.58% 99.7 37 9.54

January 2006 3 $414,967 $402,333 96.96% 105.0 34 11.33
February 2006 3 $484,600 $477,500 98.53% 55.0 37 12.33
March 2006 5 $688,380 $663,000 96.31% 121.0 41 8.20
April 2006 7 $511,700 $489,843 95.73% 65.0 46 6.57
May 2006 4 $718,450 $685,750 95.45% 118.0 53 13.25
June 2006 5 $592,740 $570,400 96.23% 69.0 53 10.60
July 2006 4 $567,425 $535,000 94.29% 53.0 53 13.25
August 2006 9 $1,011,167 $923,778 91.36% 124.0 56 6.22
September 2006 3 $799,967 $715,833 89.48% 56.0 53 17.67
October 2006 5 $857,180 $765,500 89.30% 103.0 47 9.40
November 2006 7 $796,271 $748,179 93.96% 79.0 40 5.71
December 2006 3 $457,633 $424,167 92.69% 212.0 33 11.00

Total 58 $658,373 $616,774 93.68% 96.7 46 10.46

January 2007 1 $1,079,000 $999,000 92.59% 163.0 37 37.00
February 2007 3 $606,300 $583,300 96.21% 95.0 35 11.67
March 2007 3 $706,300 $676,667 95.80% 90.0 43 14.33
April 2007 1 $995,000 $910,000 91.46% 73.0 49 49.00
May 2007 4 $474,688 $460,625 97.04% 71.0 59 14.75
June 2007 3 $469,600 $451,667 96.18% 184.0 58 19.33
July 2007 4 $1,297,225 $1,157,375 89.22% 138.0 60 15.00
August 2007 6 $865,317 $836,667 96.69% 100.0 58 9.67
September 2007 5 $501,340 $480,480 95.84% 99.0 54 10.80
October 2007 2 $737,000 $665,500 90.30% 56.0 50 25.00
November 2007 4 $503,425 $484,000 96.14% 106.0 47 11.75
December 2007 3 $559,633 $526,667 94.11% 131.0 40 13.33

Total 39 $732,902 $685,996 93.60% 108.8 49 19.30


Total 0 0% N/A N/A N/A

Total 2005-2008 156 $507,269 $478,094 94.25% 76.5 33 9.75

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®

Shrewsbury, NJ - Real Estate Market Facts, Jan. 9, 2008

Maureen Kelly (Heritage House Sotheby's International Realty) — Wed, 09 Jan 2008 13:27:12 -0600

Sales and Inventory History

Wednesday, January 09, 2008
Category - SingleFamily / Area: SHB - SHREWSBURY BORO / County: Monmouth
Month Year Monthly Sales Avg ListPrice Avg Sale Price % Diff Sell/list Avg DOM Curr Inventory Months Inventory
January 2005 3 $400,967 $391,333 97.60% 154.0 10 3.33
February 2005 1 $279,900 $265,000 94.68% 194.0 11 11.00
March 2005 2 $517,000 $492,500 95.26% 122.0 10 5.00
April 2005 2 $407,450 $395,000 96.94% 41.0 15 7.50
May 2005 4 $463,425 $456,950 98.60% 35.0 21 5.25
June 2005 1 $878,500 $870,000 99.03% 79.0 24 24.00
July 2005 5 $631,380 $614,000 97.25% 69.0 24 4.80
August 2005 10 $555,400 $532,485 95.87% 55.0 22 2.20
September 2005 7 $617,371 $608,000 98.48% 41.0 23 3.29
October 2005 6 $908,316 $888,333 97.80% 22.0 22 3.67
November 2005 1 $675,000 $600,000 88.89% 149.0 20 20.00
December 2005 1 $549,000 $547,000 99.64% 49.0 20 20.00

Total 43 $573,642 $555,050 96.76% 84.2 19 9.17

January 2006 3 $679,633 $639,000 94.02% 100.0 24 8.00
February 2006 1 $599,900 $585,000 97.52% 95.0 25 25.00
March 2006 1 $989,000 $982,000 99.29% 41.0 29 29.00
April 2006 4 $671,847 $650,972 96.89% 55.0 28 7.00
May 2006 5 $1,058,780 $950,400 89.76% 99.0 30 6.00
June 2006 2 $607,400 $602,000 99.11% 86.0 33 16.50
July 2006 3 $753,267 $733,300 97.35% 58.0 32 10.67
August 2006 7 $591,014 $532,557 90.11% 102.0 31 4.43
September 2006 4 $484,900 $471,225 97.18% 96.0 35 8.75
October 2006 2 $660,200 $607,000 91.94% 100.0 34 17.00
November 2006 3 $1,021,333 $945,000 92.53% 159.0 32 10.67
December 2006 2 $554,450 $520,000 93.79% 60.0 30 15.00

Total 37 $722,644 $684,871 94.77% 87.6 30 13.17

January 2007 N/A $0 $0 0% 0.0 26 0
February 2007 3 $554,633 $526,667 94.96% 115.0 29 9.67
March 2007 3 $396,600 $382,333 96.40% 119.0 31 10.33
April 2007 3 $619,600 $601,773 97.12% 130.0 27 9.00
May 2007 7 $550,386 $515,343 93.63% 21.0 30 4.29
June 2007 1 $595,000 $580,000 97.48% 77.0 23 23.00
July 2007 5 $539,940 $530,480 98.25% 48.0 29 5.80
August 2007 5 $528,740 $514,000 97.21% 75.0 29 5.80
September 2007 3 $1,166,300 $1,006,633 86.31% 149.0 34 11.33
October 2007 3 $752,933 $719,967 95.62% 103.0 33 11.00
November 2007 5 $564,560 $519,600 92.04% 56.0 33 6.60
December 2007 5 $670,360 $626,000 93.38% 34.0 30 6.00

Total 43 $630,823 $592,981 94.00% 84.3 32 9.35


Total 0 0% N/A N/A N/A

Total 2005-2008 123 $481,777 $458,226 95.11% 64.0 20 7.75

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®

Red Bank, NJ - Real Estate Market Facts, Jan. 9, 2008

Maureen Kelly (Heritage House Sotheby's International Realty) — Wed, 09 Jan 2008 13:23:09 -0600

Sales and Inventory History

Wednesday, January 09, 2008
Category - SingleFamily / 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 9 $409,367 $394,778 96.44% 60.0 38 4.22
February 2005 4 $303,225 $305,350 100.70% 44.0 29 7.25
March 2005 4 $514,975 $476,875 92.60% 64.0 25 6.25
April 2005 10 $465,410 $448,340 96.33% 93.0 28 2.80
May 2005 11 $408,141 $399,445 97.87% 70.0 32 2.91
June 2005 11 $483,682 $464,182 95.97% 61.0 35 3.18
July 2005 6 $573,150 $550,833 96.11% 88.0 47 7.83
August 2005 14 $412,450 $399,986 96.98% 52.0 53 3.79
September 2005 11 $378,064 $351,545 92.99% 52.0 54 4.91
October 2005 8 $392,462 $380,844 97.04% 49.0 54 6.75
November 2005 7 $665,400 $618,571 92.96% 55.0 49 7.00
December 2005 7 $415,100 $396,436 95.50% 45.0 43 6.14

Total 102 $451,786 $432,265 95.68% 61.1 41 5.25

January 2006 12 $436,092 $418,958 96.07% 81.0 37 3.08
February 2006 5 $367,580 $353,600 96.20% 105.0 37 7.40
March 2006 13 $391,562 $379,808 97.00% 71.0 48 3.69
April 2006 7 $461,743 $445,203 96.42% 87.0 46 6.57
May 2006 7 $507,657 $493,343 97.18% 46.0 53 7.57
June 2006 11 $656,682 $619,991 94.41% 30.0 56 5.09
July 2006 4 $484,925 $464,375 95.76% 52.0 62 15.50
August 2006 7 $470,957 $452,143 96.01% 59.0 62 8.86
September 2006 10 $453,249 $436,600 96.33% 82.0 59 5.90
October 2006 2 $637,400 $617,750 96.92% 28.0 64 32.00
November 2006 11 $376,009 $364,500 96.94% 77.0 57 5.18
December 2006 7 $378,814 $367,500 97.01% 89.0 44 6.29

Total 96 $468,556 $451,148 96.28% 67.3 52 8.93

January 2007 7 $438,957 $413,714 94.25% 77.0 47 6.71
February 2007 6 $487,300 $443,833 91.08% 84.0 61 10.17
March 2007 4 $371,475 $350,750 94.42% 154.0 60 15.00
April 2007 6 $468,083 $450,333 96.21% 77.0 68 11.33
May 2007 10 $590,170 $563,750 95.52% 41.0 65 6.50
June 2007 11 $543,591 $513,773 94.51% 59.0 68 6.18
July 2007 6 $752,483 $723,000 96.08% 73.0 60 10.00
August 2007 7 $387,157 $368,129 95.09% 139.0 64 9.14
September 2007 7 $503,256 $484,429 96.26% 71.0 75 10.71
October 2007 2 $342,000 $328,500 96.05% 82.0 71 35.50
November 2007 4 $377,425 $359,500 95.25% 110.0 67 16.75
December 2007 4 $657,200 $622,500 94.72% 153.0 58 14.50

Total 74 $493,258 $468,518 94.98% 93.3 64 12.71


Total 0 0% N/A N/A N/A

Total 2005-2008 272 $353,400 $337,983 95.64% 55.3 39 6.75

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®

Little Silver, NJ - Real Estate Market Facts, Jan. 9, 2008

Maureen Kelly (Heritage House Sotheby's International Realty) — Wed, 09 Jan 2008 13:21:00 -0600

Sales and Inventory History

Wednesday, January 09, 2008
Category - SingleFamily / 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 4 $814,450 $782,875 96.12% 63.0 28 7.00
February 2005 2 $549,450 $540,000 98.28% 36.0 25 12.50
March 2005 7 $533,557 $524,500 98.30% 48.0 26 3.71
April 2005 6 $942,050 $910,667 96.67% 78.0 33 5.50
May 2005 5 $580,560 $558,800 96.25% 45.0 28 5.60
June 2005 6 $1,005,165 $963,567 95.86% 38.0 28 4.67
July 2005 9 $939,744 $882,278 93.88% 54.0 32 3.56
August 2005 2 $470,500 $465,000 98.83% 102.0 36 18.00
September 2005 5 $1,228,560 $1,222,000 99.47% 50.0 35 7.00
October 2005 7 $674,057 $633,071 93.92% 58.0 42 6.00
November 2005 4 $686,950 $667,500 97.17% 82.0 46 11.50
December 2005 7 $724,543 $683,643 94.36% 83.0 36 5.14

Total 64 $762,466 $736,158 96.55% 61.4 33 7.52

January 2006 6 $1,153,950 $1,085,917 94.10% 80.0 36 6.00
February 2006 2 $1,877,450 $1,692,500 90.15% 122.0 45 22.50
March 2006 8 $812,025 $791,375 97.46% 108.0 54 6.75
April 2006 5 $589,880 $579,800 98.29% 56.0 56 11.20
May 2006 12 $631,683 $606,992 96.09% 35.0 59 4.92
June 2006 11 $661,755 $628,845 95.03% 75.0 60 5.45
July 2006 3 $1,082,333 $1,028,333 95.01% 20.0 61 20.33
August 2006 8 $615,612 $583,625 94.80% 61.0 60 7.50
September 2006 3 $1,286,300 $1,161,333 90.28% 86.0 54 18.00
October 2006 2 $637,000 $620,000 97.33% 91.0 51 25.50
November 2006 7 $803,714 $744,143 92.59% 93.0 44 6.29
December 2006 5 $934,760 $829,540 88.74% 94.0 37 7.40

Total 72 $923,872 $862,700 93.38% 76.8 51 11.82

January 2007 5 $945,380 $922,800 97.61% 119.0 35 7.00
February 2007 6 $751,283 $692,916 92.23% 79.0 37 6.17
March 2007 6 $550,450 $537,483 97.64% 121.0 38 6.33
April 2007 5 $578,860 $558,500 96.48% 115.0 42 8.40
May 2007 10 $723,080 $691,525 95.64% 92.0 47 4.70
June 2007 7 $948,986 $902,286 95.08% 98.0 54 7.71
July 2007 9 $864,767 $831,500 96.15% 98.0 61 6.78
August 2007 3 $559,667 $540,333 96.55% 130.0 57 19.00
September 2007 3 $806,967 $698,333 86.54% 111.0 60 20.00
October 2007 6 $972,617 $850,667 87.46% 99.0 62 10.33
November 2007 8 $657,612 $619,875 94.26% 82.0 57 7.13
December 2007 4 $929,975 $847,500 91.13% 140.0 53 13.25

Total 72 $774,137 $724,477 93.59% 107.0 50 9.73


Total 0 0% N/A N/A N/A

Total 2005-2008 208 $615,119 $580,834 94.43% 61.3 34 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®

Fair Haven, NJ - Real Estate Market Facts, Jan. 9, 2008

Maureen Kelly (Heritage House Sotheby's International Realty) — Wed, 09 Jan 2008 13:18:35 -0600

Sales and Inventory History

Wednesday, January 09, 2008
Category - SingleFamily / Area: FAI - FAIR HAVEN / County: Monmouth
Month Year Monthly Sales Avg ListPrice Avg Sale Price % Diff Sell/list Avg DOM Curr Inventory Months Inventory
January 2005 12 $640,717 $628,992 98.17% 70.0 26 2.17
February 2005 4 $654,675 $637,500 97.38% 78.0 32 8.00
March 2005 7 $685,543 $697,857 101.80% 38.0 36 5.14
April 2005 3 $619,667 $593,833 95.83% 37.0 40 13.33
May 2005 9 $1,045,255 $1,024,056 97.97% 57.0 35 3.89
June 2005 11 $752,936 $740,068 98.29% 31.0 41 3.73
July 2005 16 $738,044 $720,244 97.59% 44.0 43 2.69
August 2005 19 $814,711 $787,842 96.70% 46.0 46 2.42
September 2005 2 $1,054,500 $962,500 91.28% 78.0 50 25.00
October 2005 8 $895,725 $827,488 92.38% 49.0 50 6.25
November 2005 9 $754,689 $731,333 96.91% 55.0 49 5.44
December 2005 7 $660,957 $607,000 91.84% 96.0 39 5.57

Total 107 $776,452 $746,559 96.15% 56.6 41 6.97

January 2006 6 $763,800 $743,833 97.39% 66.0 40 6.67
February 2006 4 $680,950 $661,750 97.18% 92.0 48 12.00
March 2006 3 $406,300 $403,333 99.27% 96.0 52 17.33
April 2006 8 $592,088 $564,094 95.27% 96.0 61 7.63
May 2006 8 $931,662 $889,438 95.47% 114.0 58 7.25
June 2006 17 $855,094 $827,324 96.75% 60.0 53 3.12
July 2006 13 $1,086,715 $1,048,231 96.46% 48.0 60 4.62
August 2006 11 $647,764 $628,454 97.02% 67.0 67 6.09
September 2006 4 $853,250 $761,750 89.28% 52.0 72 18.00
October 2006 2 $679,950 $671,825 98.81% 3.0 68 34.00
November 2006 8 $610,512 $582,800 95.46% 103.0 59 7.38
December 2006 9 $580,622 $556,833 95.90% 75.0 48 5.33

Total 93 $724,059 $694,972 95.98% 72.7 57 10.79

January 2007 5 $677,150 $643,350 95.01% 59.0 39 7.80
February 2007 9 $932,974 $885,833 94.95% 68.0 41 4.56
March 2007 4 $562,225 $534,500 95.07% 67.0 51 12.75
April 2007 8 $803,988 $768,938 95.64% 87.0 58 7.25
May 2007 13 $592,654 $574,100 96.87% 88.0 56 4.31
June 2007 16 $631,606 $628,881 99.57% 70.0 63 3.94
July 2007 7 $839,829 $793,500 94.48% 48.0 57 8.14
August 2007 12 $732,217 $701,333 95.78% 74.0 66 5.50
September 2007 3 $725,667 $705,000 97.15% 125.0 58 19.33
October 2007 6 $669,333 $649,333 97.01% 63.0 55 9.17
November 2007 6 $777,133 $739,000 95.09% 93.0 47 7.83
December 2007 7 $941,829 $918,000 97.47% 52.0 43 6.14

Total 96 $740,550 $711,814 96.12% 74.5 53 8.06


Total 0 0% N/A N/A N/A

Total 2005-2008 296 $560,265 $538,336 96.09% 51.0 38 6.50

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®

Monmouth Beach, NJ - Real Estate Market Facts, Jan. 9, 2008

Maureen Kelly (Heritage House Sotheby's International Realty) — Wed, 09 Jan 2008 12:57:58 -0600

Sales and Inventory History

Wednesday, January 09, 2008
Category - SingleFamily / Area: MON - MONMOUTH BEACH / County: Monmouth
Month Year Monthly Sales Avg ListPrice Avg Sale Price % Diff Sell/list Avg DOM Curr Inventory Months Inventory
January 2005 6 $926,783 $900,150 97.13% 54.0 15 2.50
February 2005 2 $869,500 $837,500 96.32% 20.0 21 10.50
March 2005 4 $1,150,975 $1,074,975 93.40% 55.0 22 5.50
April 2005 N/A $0 $0 0% 0.0 23 0
May 2005 4 $1,280,750 $1,182,500 92.33% 69.0 27 6.75
June 2005 4 $737,975 $713,500 96.68% 89.0 23 5.75
July 2005 3 $1,166,633 $1,090,000 93.43% 52.0 21 7.00
August 2005 3 $509,333 $478,333 93.91% 62.0 25 8.33
September 2005 4 $1,211,175 $1,168,000 96.44% 121.0 27 6.75
October 2005 5 $871,760 $819,980 94.06% 58.0 26 5.20
November 2005 7 $1,119,057 $1,049,571 93.79% 119.0 18 2.57
December 2005 2 $759,900 $742,500 97.71% 49.0 15 7.50

Total 44 $963,986 $914,274 94.84% 68.0 24 6.21

January 2006 2 $997,000 $950,000 95.29% 68.0 24 12.00
February 2006 3 $1,159,300 $1,105,300 95.34% 108.0 27 9.00
March 2006 2 $1,372,000 $1,225,000 89.29% 72.0 29 14.50
April 2006 2 $2,022,500 $1,918,750 94.87% 35.0 32 16.00
May 2006 1 $575,000 $565,000 98.26% 109.0 41 41.00
June 2006 1 $895,000 $860,000 96.09% 38.0 47 47.00
July 2006 2 $1,080,000 $1,018,500 94.31% 24.0 40 20.00
August 2006 2 $1,022,450 $972,500 95.11% 93.0 41 20.50
September 2006 4 $859,975 $789,375 91.79% 99.0 38 9.50
October 2006 1 $1,199,000 $1,175,000 98.00% 127.0 40 40.00
November 2006 3 $1,149,600 $1,081,667 94.09% 107.0 37 12.33
December 2006 2 $1,339,000 $1,200,000 89.62% 68.0 30 15.00

Total 25 $1,139,235 $1,071,758 94.08% 79.0 36 21.40

January 2007 1 $629,000 $550,000 87.44% 179.0 34 34.00
February 2007 1 $964,000 $945,000 98.03% 45.0 35 35.00
March 2007 6 $1,147,133 $1,038,333 90.52% 104.0 33 5.50
April 2007 1 $1,349,000 $1,350,000 100.07% 63.0 36 36.00
May 2007 4 $963,675 $880,750 91.39% 84.0 42 10.50
June 2007 3 $1,517,967 $1,423,333 93.77% 65.0 42 14.00
July 2007 4 $1,202,250 $1,122,500 93.37% 92.0 41 10.25
August 2007 2 $1,815,000 $1,729,500 95.29% 238.0 45 22.50
September 2007 N/A $0 $0 0% 0.0 37 0
October 2007 5 $999,740 $888,000 88.82% 150.0 37 7.40
November 2007 1 $524,900 $525,000 100.02% 9.0 36 36.00
December 2007 2 $857,250 $777,500 90.70% 119.0 33 16.50

Total 30 $1,088,174 $1,020,901 93.82% 104.4 41 20.70


Total 0 0% N/A N/A N/A

Total 2005-2008 99 $797,849 $751,733 94.22% 62.8 25 12.00

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®

Rumson, NJ - Real Estate Market Facts, Jan. 9, 2008

Maureen Kelly (Heritage House Sotheby's International Realty) — Wed, 09 Jan 2008 12:52:42 -0600

Sales and Inventory History

Wednesday, January 09, 2008
Category - SingleFamily / County: Monmouth
Month Year Monthly Sales Avg ListPrice Avg Sale Price % Diff Sell/list Avg DOM Curr Inventory Months Inventory
January 2005 362 $554,790 $530,403 95.60% 73.0 2348 6.49
February 2005 304 $514,100 $493,031 95.90% 79.0 2405 7.91
March 2005 463 $525,511 $500,069 95.16% 80.0 2493 5.38
April 2005 457 $558,499 $527,047 94.37% 77.0 2717 5.95
May 2005 522 $561,498 $540,024 96.18% 71.0 2981 5.71
June 2005 790 $559,028 $539,771 96.56% 67.0 3109 3.94
July 2005 677 $544,101 $527,964 97.03% 62.0 3301 4.88
August 2005 797 $573,446 $556,117 96.98% 60.0 3257 4.09
September 2005 646 $583,591 $564,852 96.79% 61.0 3322 5.14
October 2005 544 $603,418 $580,483 96.20% 67.0 3379 6.21
November 2005 495 $592,133 $560,747 94.70% 72.0 3284 6.63
December 2005 471 $586,735 $562,943 95.95% 76.0 2962 6.29

Total 6528 $563,071 $540,288 95.95% 70.4 2,963 5.72

January 2006 367 $558,008 $532,958 95.51% 76.0 3172 8.64
February 2006 273 $544,140 $517,177 95.04% 82.0 3464 12.69
March 2006 438 $547,139 $523,539 95.69% 86.0 3850 8.79
April 2006 423 $545,031 $522,022 95.78% 74.0 4267 10.09
May 2006 515 $608,776 $578,847 95.08% 79.0 4556 8.85
June 2006 690 $639,155 $613,200 95.94% 68.0 4772 6.92
July 2006 515 $594,300 $571,038 96.09% 69.0 4865 9.45
August 2006 604 $664,403 $621,141 93.49% 73.0 4904 8.12
September 2006 416 $530,719 $498,541 93.94% 75.0 4849 11.66
October 2006 343 $553,359 $519,563 93.89% 85.0 4702 13.71
November 2006 415 $570,100 $534,869 93.82% 91.0 4253 10.25
December 2006 418 $584,901 $547,669 93.63% 96.0 3606 8.63

Total 5417 $578,336 $548,380 94.82% 79.5 4,272 9.82

January 2007 357 $587,932 $553,973 94.22% 104.0 3851 10.79
February 2007 300 $534,776 $502,127 93.89% 105.0 3936 13.12
March 2007 443 $550,425 $520,144 94.50% 98.0 4208 9.50
April 2007 368 $566,056 $539,490 95.31% 92.0 4510 12.26
May 2007 475 $646,217 $611,181 94.58% 88.0 4734 9.97
June 2007 603 $605,464 $574,240 94.84% 90.0 4826 8.00
July 2007 526 $659,881 $629,122 95.34% 90.0 4782 9.09
August 2007 556 $602,346 $571,725 94.92% 90.0 4743 8.53
September 2007 359 $565,254 $531,340 94.00% 91.0 4694 13.08
October 2007 369 $580,879 $548,490 94.42% 100.0 4622 12.53
November 2007 360 $603,660 $568,678 94.21% 92.0 4344 12.07
December 2007 319 $565,597 $527,244 93.22% 100.0 3876 12.15

Total 5035 $589,041 $556,480 94.47% 95.0 4,427 10.92


Total 0 0% N/A N/A N/A

Total 2005-2008 16980 $432,612 $411,287 95.07% 61.3 2,916 6.75

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®

Rumson Real Estate Market Conditions

Maureen Kelly (Heritage House Sotheby's International Realty) — Thu, 28 Dec 2006 10:47:29 -0600

Currently in Rumson, there are 102 homes on the market. 8 homes sold in November; at that rate, there is now a 12.75 month's supply of homes available.

During the month of November, the average asking price was $2,024,000, and the average selling price was $1,783,750. This comes to an 88.13% sales price to asking price ratio, a little lower than we've been seeing lately. During the first ten months of 2006, the average sales price to asking price ratio was 92.27%.

So what does this all mean? Buyers have the advantage, but the market is still strong.

I'm happy to field any questions.

Month	Year	Monthly Sales	Avg ListPrice	Avg Sale Price	% Diff Sell/list	Avg DOM	Curr Inventory	Months Inventory
January	2005	N/A	$0	$0	0%	0.0	3	0
February	2005	2	$372,450	$358,950	96.38%	74.0	2	1.00
March	2005	1	$179,999	$175,000	97.22%	33.0	2	2.00
April	2005	2	$339,450	$338,250	99.65%	57.0	2	1.00
May	2005	1	$465,000	$450,000	96.77%	180.0	2	2.00
June	2005	1	$214,900	$212,000	98.65%	50.0	1	1.00
July	2005	1	$439,900	$425,000	96.61%	70.0	2	2.00
August	2005	N/A	$0	$0	0%	0.0	3	0
September	2005	1	$410,000	$390,000	95.12%	269.0	4	4.00
October	2005	N/A	$0	$0	0%	0.0	5	0
November	2005	N/A	$0	$0	0%	0.0	5	0
December	2005	1	$212,000	$207,000	97.64%	93.0	4	4.00

Total	10	$329,212	$319,525	97.06%	103.3	4	2.13

January	2006	1	$198,125	$200,000	100.95%	60.0	5	5.00
February	2006	N/A	$0	$0	0%	0.0	11	0
March	2006	1	$239,000	$225,570	94.38%	17.0	12	12.00
April	2006	1	$199,000	$189,000	94.97%	8.0	14	14.00
May	2006	3	$225,667	$225,667	100.00%	18.0	9	3.00
June	2006	3	$211,267	$202,667	95.93%	22.0	11	3.67
July	2006	2	$199,000	$199,000	100.00%	64.0	11	5.50
August	2006	2	$204,450	$197,500	96.60%	90.0	9	4.50
September	2006	N/A	$0	$0	0%	0.0	11	0
October	2006	N/A	$0	$0	0%	0.0	9	0
November	2006	N/A	$0	$0	0%	0.0	20	0
December	2006	N/A	$0	$0	0%	0.0	19	0

Total	13	$210,930	$205,629	97.49%	39.9	20	6.81

January	2007	1	$239,000	$203,500	85.15%	29.0	19	19.00
February	2007	3	$286,800	$273,333	95.30%	155.0	14	4.67
March	2007	1	$239,000	$239,000	100.00%	4.0	11	11.00
April	2007	1	$295,000	$275,000	93.22%	73.0	12	12.00
May	2007	6	$221,583	$219,250	98.95%	38.0	9	1.50
June	2007	1	$274,500	$257,500	93.81%	101.0	7	7.00
July	2007	1	$179,999	$151,000	83.89%	150.0	7	7.00
August	2007	2	$203,675	$205,425	100.86%	4.0	8	4.00
September	2007	1	$165,000	$145,000	87.88%	155.0	5	5.00
October	2007	1	$160,000	$152,000	95.00%	21.0	4	4.00
November	2007	1	$175,900	$165,000	93.80%	159.0	5	5.00
December	2007	1	$208,000	$208,000	100.00%	20.0	4	4.00

Total	20	$220,705	$207,834	94.17%	75.8	9	7.01


Total	0	0%	N/A	N/A	N/A

Total	2005-2008	43	$190,212	$183,247	96.34%	54.8	8	4.00