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Tuckerton Homes for Sale - Tuckerton NJ - Housing Market Report - December & All 2010

By
Real Estate Agent with Keller Williams Realty - Atlantic Shore

The year end reports are in and all in all Tuckerton, NJ seems to have weathered the 2010 housing storm.

Tuckerton  New
Listings
Under
Contract
Expired Sold Days on
Market
Median
Sold Price
Jan 2010 14 1 16 5 214 $150,000
Feb 2010 10 4 3 1 98 $113,000
Mar 2010 9 4 12 1 161 $255,000
Apr 2010 19 3 4 6 124 $187,000
May 2010 12 4 7 1 101 $230,000
Jun 2010 9 2 7 1 143 $120,000
Jul 2010 10 3 8 4 193 $180,887
Aug 2010 15 3 5 3 113 $135,000
Sep 2010 7 3 6 2 151 $161,000
Oct 2010 14 6 12 1 175 $140,000
Nov 2010 3 6 11 4 232 $132,500
Dec 2010 5 5 8 5 184 $180,000
Five Tuckerton homes sold last month, that's just one less unit than sold in December 2009.  The median sale price however, is down by $50,000!  Throughout the course of 2010, 5 Tuckerton condos sold, 9 Tuckerton waterfront homes sold and 20 single family residences sold.  The median sale price of all homes in Tuckerton that sold in 2010 was $165,365.

The government incentives for home purchases in 2010 seemed to do little to bolster Tuckerton home sales, there were fewer closings in the spring months leading up to the June, 2010 tax credit cut-off than there were in 2009.

What will 2011 bring?  I predict prices will slide a bit more, and time on the market to continue at about 6 months.  

There are 9 properties reported to be bank owned in Tuckerton, and none of those properties is actively listed in the Jersey Shore Multiple Listing Service.  You can check out the Little Egg Harbor/Tuckerton foreclosures here

Comments (1)

Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Bank owned not listed.....hmmmm...translation....not sold...happiest of the new year !

Jan 03, 2011 12:46 AM