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Homes for Sale Brigantine, NJ - Market Trends January 2015
Homes for Sale Brigantine, NJ - Market Trends January 2015
Single Family
The Brigantine Real Estate Market is showing mixed results as we begin 2015. January saw a 30% decrease in new listings coming on the market over January of 2014. 49 new single family homes where introduced to the market.
Sold properties in January where down 22.2% with only 7 sold single family properties. This is the current total of sold properties for the year to date period. This is down from 9 closed last year.
Combined, the total number of new listings of Brigantine NJ Homes for Sale and total inventory versus the number of properties being sold has allowed the months supply of inventory to increase to 25.4 months. This denotes an extremely strong Buyers Market.

Average Days on Market where down 54.2% to 54 days. Days on Market only reflects the properties that have sold and not an average of the total inventory that is currently available. More sellers realize that the market is really soft and are pricing their homes aggressively in order to get them sold. 
Median Sale Prices for this January were up 21.7% over January 2014. The year to date Median Sale Price is up the same %. 
Condos for Sale Brigantine, NJ Real Estate Market ... more

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