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Year |
First Half Averages 2008 |
First Half Averages 2009 |
First Half Averages 2010 |
First Half Averages 2011 |
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Original Price |
$653,515 |
$479,397 |
$520,581 |
$562,375 |
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Sold Price |
$533,652 |
$402,127 |
$448,252 |
$477,742 |
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OP to SP % |
82% |
84% |
86% |
85% |
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Days on Market |
222 |
214 |
224 DOM |
252 DOM |
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Transactions |
1053 Total |
813 Total |
925 Total |
929 Total |
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Total Sales |
$561,935,959 |
$326,929,345 |
$414,633,913 |
$443,823,144 |
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Year |
First Half Averages 2012 |
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|
Original Price |
$595,654 |
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Sold Price |
$462,126 |
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OP to SP % |
78% |
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Days on Market |
242 DOM |
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Transactions |
1169 Total |
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Total Sales |
$540,226,147 |
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If you have been sitting on the sidelines waiting for the bottom of this real estate cycle this is your turn to move. This bottoming recovery is fast paced so get ready to move. The volume is tremendous. The volume at the bottom of the market is higher than the top of the market. We will see a jump off the bottom of 5 to 10 percent from now until next spring. Take advantage of the low interest rate while they last. So if you want the real take on the jersey Shore real estate market give Ian Lazarus a call to discuss your options. Search available properties at www.FindaShorehome.com or www.AtlanticCityRealEstate.com
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