sales: Toms River Real Estate Market Report for the First Quarter of 2011
- 04/10/11 12:27 PM
by Jim Flanagan on April 6, 2011 in Uncategorized Single Family Homes in Toms River (First Quarter 2011): Toms River Real Estate-1st Quarter 2011 This chart displays the sales and inventory of Single Family Homes in Toms River, NJ. The high-lighted area focuses on the first quarter of 2011. As we can see, sales dropped in February before spiking in March but the supply of homes for sale spiked in February and dropped in March (despite the current inventory increasing by over 120 homes)! Both of these factors could be attributed to March traditionally marking the beginning of the “Spring … (0 comments)
This chart displays the sales and inventory of Homes in all of the Adult Communities in Ocean County, NJ. The high-lighted area focuses on the first quarter of 2011. As we can see, sales dipped in February but rebounded strongly in March. Both of these factors could be attributed to a “snowier” than usual January in 2011. The … (0 comments)
sales: August Rally in Toms River, NJ!
- 09/02/09 02:29 AM
Photo Credit Monthly Real Estate Market Report for Toms River, NJ - August 2009 August by the numbers: •· 88 The number of Single Family Homes CLOSED during the month •· $399,009 Average LIST price for August* •· $330,822 Average SALES price for the month* •· 101 Average DAYS ON the MARKET for August •· 95.44% The SALES price to LIST price RATIO for the month •· 784 Number of Single Family Homes ACTIVE on the market in August •· 8.90 Number of MONTHS it would take to SELL OFF the existing supply of homes on the market, in Toms … (1 comments)
sales: Ratio of "Distressed Sales" in Toms River, NJ, in March 2009
- 04/17/09 04:32 AM
Interesting observation:Out of the 35 CLOSINGS in March, 14 were in the $200,000 to $300,000 price range. Out of those 14, ONLY 1 was a "Short Sale"!What does that mean?It is my professional opinion that we are in the "trough" between "waves" of foreclosures. The CLOSINGS in March were the result of CONTRACTS signed in December and January. With the new, Obama Administration, the "freeze" on foreclosures, "loan modifications" and "Housing Recovery Legislation", we are experiencing a "stall" or "delay" in DISTRESSED SALES.I applaud the optimism of the current administration but, when over half of the previous "loan modifications" resulted in … (0 comments)
sales: Ratio of "Distressed" Sales in Toms River, NJ, in February 2009
- 03/07/09 09:07 AM
February 2009 ECHOED January 2009 when it came to the number of "distressed" sales CLOSED between $200,000 and $250,000: 8 Single Family Homes CLOSED in February between $200,000&$250,0003 were "Short Sales"2 were "REO's" or Bank Owned3 were "Traditional" Sales So, once again in 2009, over half the CLOSINGS between $200,000 and $250,000, in February 2009, were "Distressed Sales"!As we get into the "Spring Selling Season", it will be interesting to see if this trend continues or diminishes. Remember; the homes that CLOSED in January and February, went UNDER CONTRACT in November, December and January!Stay tuned... … (1 comments)
Local Sellers Will Reduce Home Listing Price By 5 Percent; They Will Join Thousands of U.S. Home Sellers Who Reduce Their Listing Prices Between Oct. 10-19
Majority of Coldwell Banker Sales Associates Surveyed Nationally Say a Modest Reduction in Listing Prices Will Help Bring More Home Buyers and Sellers Together
Toms River, NJ - Coldwell Banker Flanagan Realty today announced it will help bring home buyers and sellers together in Ocean County by joining a bold national Coldwell Banker® initiative that may help jump-start the U.S. … (0 comments)
sales: National Housing Report: June Sales and Prices Down (Except in Toms River, NJ)
- 07/30/08 05:35 AM
NAR Releases June's Housing Market Report:The National Association of Realtors recently released their housing numbers for June 2008. Here's a brief synopsis: Nationally; sales were down 16.4% and prices were down 7.9% versus June 2007 Northeast; sales were down 19.9% and prices were down 3.0% " " South; sales were down 18.2% and prices were down 4.5% " " Midwest; sales were down 18.2% and prices were down 4.8% " " West; sales were down 10.1% and prices were down 17.2% " " What does all this information mean? Well, according to the "National Media Outlets", it's the beginning of the … (0 comments)
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!
by Jim Flanagan on April 6, 2011
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