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Pittsgrove Twp. ; Single Family Residential Market 03/2010

By
Real Estate Appraiser with Preferred Appraisers, Inc. (NJ) 42RG00094600

An analysis of sales data from year to corresponding year indicates a change in:  Sales Volume from 43 units to 41 units, Median Sales Price From $235,000 to $234,900, Median Days On Market from 85 to 95 (Diluted by re-listing) Current Inventory Accumulation is 14.6  Months. Submarkets within this area may have different results.

Values appear to have stabilized however the market is remains in a condition of oversupply.