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®
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