Homes for Sale in Barnegat - Barnegat, NJ December 2009 Housing Market Report

Homes for Sale in Barnegat - Barnegat, NJ December 2009 Housing Market Report

The number of homes for sale in Barnegat stood at about 250 in December and the housing market in Barnegat seems to be returning to normal after experiencing  a burp in November.

News listings of homes for sale in Barnegat dropped in December by more than 40% over November, 2009 figures, but days on the market increased to 193 days, an increase of nearly 33%.  The median price of homes for sale in Barnegat that sold in December was also down from median $289,500 price in November.

That was significantly higher than the monthly median sold price of Barnegat homes during the previous months of 2009, possibly due to the anticipated expiration of the $8,000 first home buyer tax credit.  

You can also compare the figures on homes for sale in Barnegat to December, one year ago.

Homes for sale in Barnegat in December 2009 ranged in price from around $15,000 for an adult community mobile home (on leased land) to a 3,200 square foot home on more than 15 acres being sold with a state of the art kennel and out buildings for $2.6 million.

Homes for sale in Barnegat that made it to the closing table in December ranged in sold price from $176,000 for a 4 bedroom 1.5 bath home in Settlers Landing to a 3,000 square foot lagoon front property with 4 bedrooms and 2 baths.  This Barnegat waterfront home sold for $631,250 nearly  $100,000 less than its list price!  It was also the only Barnegat waterfront home sold in December.

If you need more information on homes for sale in Barnegat ask me, I'm an Accredited Buyers Representative (ABR®).  With the housing market in Barnegat getting back to normal why not give me a call to find why if you've been thinking about selling, now is the time!

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Barnegat on the Bay Condominiums, Barnegat, NJ


All figures for this report are from the Jersey Shore Multiple Listing Service.