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®
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