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MLS PROFILE YTD - SOLD


Category - SingleFamily / Area: TOM - TOMS RIVER TWP / County: Ocean

Sold Price Last Year This Year Last Yr Vs This Yr
  01/01/2007-7/1/2007 01/01/2008-7/1/2008  
$0                - $99,999 3 2 -33%
$100,000    - $149,999 2 4 100%
$150,000    - $199,999 9 28 211%
$200,000    - $249,999 39 45 15%
$250,000    - $299,999 85 70 -18%
$300,000    - $349,999 89 64 -28%
$350,000    - $399,999 68 43 -37%
$400,000    - $449,999 28 31 11%
$450,000    - $499,999 32 22 -31%
$500,000    - $549,999 17 10 -41%
$550,000    - $599,999 22 10 -55%
$600,000    - $699,999 20 16 -20%
$700,000    - $799,999 18 12 -33%
$800,000    - $899,999 8 3 -62%
$900,000    - $999,999 3 6 100%
$1,000,000 - $1,499,999 5 2 -60%
$1,500,000 - $1,999,999 3 1 -67%
$2,000,000 - Above 2 3 50%
Total 453 372 -17.9%

As we can see, Toms River is exhibiting signs of STABILIZATION:

  1. There are 6 Price Ranges that are showing increases over the same time last year!
  2. $100,000 to $250,000 is HOT; this is the "First Time Buyer's" Price Range!
  3. Overall, the market is only down 18% as opposed to the predicted 30% decline!

The Best Time To Buy Was Yesterday:

As interest rates continue to rise, any savings the "fence sitting buyer" was hoping to capitalize on will be washed away even if prices continue to fall!  Currently, interest rates are at the highest level since September 2007. 

 

 
Posted by Jim Flanagan on 07/01/2008 06:35 PM   Comments (0)   toms river, nj, market, report, real estate  

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Real Estate Brokerage: Coldwell Banker Flanagan Realty
Jim Flanagan
Toms River, NJ
More about me…
Coldwell Banker Flanagan Realty

Office Phone: (732) 270-6100 Ext.: 101
Cell Phone: (908) 783-8682
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As the "First" COLDWELL BANKER Office in Ocean County, NJ, we pride ourselves on being "Pioneers" in our local market. The new frontier of Web 2.0 offers exciting opportunities and unique challenges. We welcome the discussions, debates and success stories on our journey to become "Champions" of the "next level" of real estate!


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