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Upper Freehold - Monmouth County Market Report - August 2008

By
Real Estate Agent with RE/MAX Tri County

market report - by Desiree Daniels

 

Monthly Statistics for the Date Range Selected

Date

Units Listed


Listed Average

Pended

Units Sold

Sold Volume

Sold Average

Average DOM

Aug 2008

0


N/A

1

1

444,000

444,000

231

July 2008

7


694,671

5

5

2,275,000

455,000

107

June 2008

7


585,685

7

8

4,358,500

544,812

143

May 2008

9


452,740

5

0

N/A

N/A

N/A

Apr 2008

6


718,766

1

3

1,128,000

376,000

118

Mar 2008

13


589,820

6

2

1,405,000

702,500

85

Feb 2008

6


538,783

0

0

N/A

N/A

N/A

Jan 2008

14


543,757

2

2

1,090,000

545,000

95

 

 

 

 

 

 

 

 

 

Totals:

62


578,431

27

21

10,700,500

509,547

125

 

 

 

 

 

 

 

 

 

Inventory Accumulation for the Last 12 Full Months

 

 

 

 

 

Current Inventory *

Inventory Volume

Current Average

Average Monthly Sales**

Inventory Accumulation ***

32

16,795,736

524,866

4

8

*Current Inventory is based on the actual available properties on the date this report was created.

**Average Monthly Sales is the average sales for the last 12 full months

***Inventory accumulation (in months) = Current Inventory Units / Average Monthly Sales

 Pricing Details of Sold Units for the Date Range Selected

Minimum Prices

Maximum Prices

Average Prices

Original List Price : $270,000

Original List Price: $1,100,000

Original List Price: $557,852

Sold Price : $200,000

Sold Price: $992,500

Sold Price: $509,547

 

 

 

 Inventory Accumulation figures are only calculated when Report End Month is the current month 

 

Market Statistics Criteria Used

Date Range:

1/2008 to 8/2008

Price Range:

$1,000 to $999,000

Property Category:

Residential

Area:

Upper Freehold Twp