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Market Trends - Homes for Sale - Mays Landing, NJ - November 2014
Market Trends - Homes for Sale - Mays Landing, NJ - November 2014
The Mays Landing Real Estate Market is showing little to no improvement this November.
Single Family
November saw a 43.8% increase in new listings coming on the market over November of 2013. 23 new single family homes where introduced to the market.
The number of Mays Landing single family homes for sale for the year to date period ending November is up 26.7% over the same period last year. A total of 375 single family homes have been listed year to date.
The number of sold properties, in November, where down 27.8%. There were only 13 sold single family properties. This brings the current total of sold properties for the year to date period to 142. A 7.8% decrease from the 2013 year to date period.
Combined, the total number of newly listed Mays Landing NJ Homes for Sale and total inventory versus the number of properties being sold has pushed the months supply of inventory to 13.6 months. This denotes an extremely strong Buyers Market.

Average Days on Market is up 28.6% for November to 3 months. The running total for the year to date period is just over 3 months at 97 days. Days on Market only reflects the properties that have sold and not ... more

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