Wednesday, January 09, 2008 Category - Condominiums / 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
4
$285,825
$270,725
94.72%
38.0
16
4.00
February
2005
5
$303,640
$298,700
98.37%
49.0
17
3.40
March
2005
3
$339,300
$327,667
96.57%
80.0
20
6.67
April
2005
7
$282,471
$279,571
98.97%
43.0
22
3.14
May
2005
9
$349,044
$338,422
96.96%
46.0
22
2.44
June
2005
5
$379,600
$370,800
97.68%
67.0
24
4.80
July
2005
4
$411,225
$392,336
95.41%
38.0
27
6.75
August
2005
6
$372,800
$359,167
96.34%
52.0
29
4.83
September
2005
5
$349,858
$342,400
97.87%
45.0
34
6.80
October
2005
8
$316,850
$306,488
96.73%
40.0
39
4.88
November
2005
2
$293,500
$295,000
100.51%
74.0
31
15.50
December
2005
6
$400,017
$381,942
95.48%
43.0
32
5.33
Total
64
$340,344
$330,268
97.04%
51.3
26
5.71
January
2006
4
$351,250
$332,500
94.66%
82.0
36
9.00
February
2006
3
$363,300
$351,667
96.80%
15.0
37
12.33
March
2006
4
$409,724
$391,250
95.49%
76.0
39
9.75
April
2006
3
$258,000
$251,167
97.35%
41.0
36
12.00
May
2006
6
$369,900
$353,333
95.52%
68.0
41
6.83
June
2006
9
$374,022
$362,889
97.02%
105.0
53
5.89
July
2006
8
$582,100
$561,812
96.51%
53.0
52
6.50
August
2006
10
$605,530
$589,400
97.34%
102.0
53
5.30
September
2006
4
$777,006
$771,394
99.28%
95.0
51
12.75
October
2006
2
$249,900
$248,750
99.54%
4.0
53
26.50
November
2006
4
$255,975
$245,250
95.81%
52.0
49
12.25
December
2006
4
$235,675
$220,625
93.61%
67.0
42
10.50
Total
61
$402,699
$390,003
96.85%
63.3
45
10.80
January
2007
5
$215,280
$208,080
96.66%
46.0
49
9.80
February
2007
7
$416,029
$386,929
93.01%
87.0
46
6.57
March
2007
3
$286,333
$278,333
97.21%
71.0
47
15.67
April
2007
10
$292,150
$279,920
95.81%
99.0
50
5.00
May
2007
6
$320,300
$307,067
95.87%
68.0
48
8.00
June
2007
9
$424,189
$394,500
93.00%
80.0
57
6.33
July
2007
5
$310,280
$297,000
95.72%
53.0
52
10.40
August
2007
4
$320,950
$311,500
97.06%
126.0
47
11.75
September
2007
1
$599,000
$595,000
99.33%
27.0
49
49.00
October
2007
3
$339,000
$317,000
93.51%
152.0
40
13.33
November
2007
5
$331,500
$307,800
92.85%
61.0
33
6.60
December
2007
4
$233,225
$218,688
93.77%
100.0
34
8.50
Total
62
$340,686
$325,151
95.44%
80.8
46
12.58
Total
0
0%
N/A
N/A
N/A
Total
2005-2008
187
$270,932
$261,356
96.47%
48.8
29
7.50
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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