Homes for Sale In Manahawkin - December 2009 Manahawkin, NJ Housing Market Report
The number of new listings of homes for sale in Manahawkin dropped significantly in December 2009 when compared to November, 2009. The number of of homes for sale in Manahawkin (Stafford Township) entered in the Jersey Shore Multiple Listing Service in December was 31, compared to 58 new listings in November.
Homes for sale in Manahawkin also spent a lot more time on the market in December.
Manahawkin
NJ |
New
Listings |
Under
Contract |
Expired |
Sold |
Days on
Market |
Median
Sold Price |
| December 2009 |
31 |
25 |
28 |
36 |
165 |
$287,500 |
The median price of homes for sale in Manahawkin that sold in November remained the same, as did the number of units sold.
Though the number of new listings of homes for sale in Manahawkin dropped in December, that's usual in this Jersey Shore community. Check out the figures from one year ago.
Manahawkin
NJ |
New
Listings |
Under
Contract |
Expired |
Sold |
Days on
Market |
Median
Sold Price |
| December 2008 |
34 |
29 |
77 |
27 |
150 |
$270,000 |
The median price of homes for sale in Manahawkin that actually sold is up over December 2008 by more than $17,000!
The last 3 months seems to indicate a leveling of prices, after 2009 saw the Manahawkin Housing Market all over the board. Median sale prices in July 2009 stood at $303,000 and our low was in April, 2009 at $255,000.
Inventory of homes for sale in Manahawkin in December 2009 stood at about 400, that's down from 450 during the previous month. Keep in mind however, inventory of homes for sale in Manahawkin and other Jersey Shore communities traditionally drops during the winter months.
Home buyers in Manahawkin found some great deals in December, with a 3 bedroom 2.5 bath condo going for $239,000. At the high end a 3 bedroom 2 bath home in East Point, with 183 feet of bulk headed bay front from sold for $915,000.
All together 11 waterfront homes in Manahawkin sold in December, 2009 ranging in price from the $915,000 down to $330,000. This home needed some work and spent more than a year on the market, with the original list price of $449,000 back in July 2008!
If you're interested in homes for sale in Manahawkin and need the advice of an Accredited Buyers Agent (ABR®) give me a call. Or if you are considering listing a home for sale in Manahawkin, let's talk!
Manahawkin, December 2009
All figures used in this Manahawkin Housing Market Reportare from the Jersey Shore Multiple Listing Service
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Hope things will pick up. December is usually a slow time .Good luck in 2010.