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Tewksbury NJ Real Estate Market Update DECEMBER 2014
 
Tewksbury NJ Real Estate Market Update DECEMBER 2014
by Bob Zorechak - GRI, ABR, e-PRO
 
he numbers for Tewksbury in DECEMBER of 2014 are a bit of a mixed bag: The rolling 12 month sales volume is down slightly by 6% or five (5) units - December 2012 thru December 2013 (89) homes sold as compared to December 2013 thru December 2014 with (84) homes sold. The December year-to-date numbers are down slightly by 6% or four (4) units when you compare the current period at (84) homes sold to last year's year-to-date total with (88) homes sold. This is by far the second highest level for this category in at least the past five (5) years. The monthly volume for the number of sales occurring this December spiked sharply to thirteen (13) units, which is up dramatically from five (5) units or (160%) as compared to this same time last year. This is by far the highest level for this category in at least the past five (5) years. The volume of Pending Sales (Under Contract) as of the last day of December 2014 is running significantly higher at five (5) units as compared to last year at this ... more

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