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Stafford Township, NJ Market Statistics

By
Real Estate Agent with Van Dyk Group

 

Stafford Township, NJ Market Statistics

January - August, 2007 vs. 2008

 

All Stafford Twp. Single Family Home Sales Comparison - includes waterfront homes

  2000 # of sales = 408                    2007 # of sales = 295                    2008 # of sales = 195  

  2000 average price = $153,036       2007 average price = $337,057       2008 average price = $304,821

 

33.9% drop in sales                       9.6% drop in price                    Since the year 2000, 99.2% price increase

 

 

Stafford Waterfront Home Sales Comparison

  2000 # of sales = 182                    2007 # of sales = 90                      2008 # of sales = 62

  2000 average price = $163,215       2007 average price = $433,257        2008 average price = $395,145

 

31.1% drop in sales                       8.8% drop in price                    Since the year 2000, 140.6% price increase

 

 

Barnegat and Stafford Townships Combined Adult Community Sales Comparison

  2000 # of sales = 43                      2007 # of sales = 74                      2008 # of sales = 68

  2000 average price = $77,608         2007 average price = $209,347        2008 average price = $208,951

 

8.1% drop in sales                         0.2% drop in price                    Since the year 2000, 169.2% price increase

 

It's a Great Time to Buy!

  1. Prices have moderated.
  2. Buyers have a large inventory to choose from.
  3. Mortgage interest rates are near a 40 year low.

The time to act is now! Large inventory, anxious sellers, low rates, and lower prices make this the "perfect real estate buyers' storm."

 

*Source: Jersey Shore Multiple Listing Service report of sales

 

If you or someone you know is looking to buy or sell a home in Stafford Township or anywhere in Ocean County, contact us through e-mail at jkipila@vandykgroup.com or by phone at 609-713-5194.

To begin your own search for homes, visit our website at www.muldowneyteam.com.

 

We look forward to hearing from you soon.

 

Jennifer Kipila

Nancy Muldowney

The Muldowney "Family" Team

Van Dyk Group