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Sea Bright, NJ - Real Estate Market Facts, Jan. 9, 2008

Sales and Inventory History

Wednesday, January 09, 2008
Category - SingleFamily / Area: SEA - SEA BRIGHT / County: Monmouth
Month Year Monthly Sales Avg ListPrice Avg Sale Price % Diff Sell/list Avg DOM Curr Inventory Months Inventory
January 2005 1 $599,900 $580,000 96.68% 40.0 10 10.00
February 2005 2 $1,625,000 $1,502,500 92.46% 106.0 10 5.00
March 2005 3 $363,266 $359,133 98.86% 32.0 8 2.67
April 2005 3 $431,600 $421,633 97.69% 65.0 9 3.00
May 2005 2 $1,462,000 $1,431,000 97.88% 160.0 9 4.50
June 2005 N/A $0 $0 0% 0.0 13 0
July 2005 1 $1,750,000 $1,600,000 91.43% 109.0 17 17.00
August 2005 1 $1,500,000 $1,500,000 100.00% 21.0 16 16.00
September 2005 2 $1,130,000 $1,060,000 93.81% 43.0 18 9.00
October 2005 N/A $0 $0 0% 0.0 23 0
November 2005 N/A $0 $0 0% 0.0 28 0
December 2005 2 $444,900 $417,500 93.84% 78.0 27 13.50

Total 17 $1,034,074 $985,752 95.33% 72.7 21 8.96

January 2006 N/A $0 $0 0% 0.0 29 0
February 2006 N/A $0 $0 0% 0.0 23 0
March 2006 N/A $0 $0 0% 0.0 29 0
April 2006 1 $299,900 $270,000 90.03% 181.0 32 32.00
May 2006 4 $1,657,225 $1,414,250 85.34% 150.0 35 8.75
June 2006 1 $3,750,000 $3,600,000 96.00% 94.0 35 35.00
July 2006 1 $289,000 $260,000 89.97% 50.0 32 32.00
August 2006 9 $2,070,978 $1,145,944 55.33% 100.0 36 4.00
September 2006 N/A $0 $0 0% 0.0 29 0
October 2006 3 $594,633 $555,000 93.33% 83.0 27 9.00
November 2006 2 $702,500 $615,000 87.54% 100.0 21 10.50
December 2006 1 $2,950,000 $2,575,000 87.29% 125.0 17 17.00

Total 22 $1,539,280 $1,304,399 84.74% 110.4 43 18.53

January 2007 2 $639,500 $629,500 98.44% 186.0 11 5.50
February 2007 N/A $0 $0 0% 0.0 20 0
March 2007 3 $1,829,633 $1,719,667 93.99% 120.0 26 8.67
April 2007 N/A $0 $0 0% 0.0 28 0
May 2007 1 $859,000 $850,000 98.95% 46.0 26 26.00
June 2007 2 $962,450 $825,000 85.72% 39.0 27 13.50
July 2007 N/A $0 $0 0% 0.0 26 0
August 2007 N/A $0 $0 0% 0.0 28 0
September 2007 1 $367,000 $335,000 91.28% 176.0 31 31.00
October 2007 2 $349,000 $325,000 93.12% 120.0 22 11.00
November 2007 2 $724,945 $612,500 84.49% 194.0 19 9.50
December 2007 2 $824,500 $680,000 82.47% 140.0 18 9.00

Total 15 $819,504 $747,083 91.16% 127.6 35 14.27


Total 0 0% N/A N/A N/A

Total 2005-2008 54 $848,214 $759,309 89.52% 77.8 25 10.25

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®

Posted by Maureen Kelly on 01/09/2008 01:33 PM

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