Market Statistics for May 2008 to May 2009
June 15, 2009
Statistics
Egg Harbor Township, NJ
-Unit for Sales May 2008 was 846 compared to 833 in May 2009, an deacr. of 13 units
-Units UCT May 2008 was 33 compared to 45 in May 2009, an increase of 12 units
-Units Sold May 2008 was 52 compared to 38 in May 2009, a decrease of 14 units
-Sale Price May 2008 $267,750 compared to $184,5000, an increase if $83,250
-Absorption May 2008 was 22 compared to 16 in May 2009, a decrease of 6 months
Absorption rate is a calculation of how long it will take for all the homes on the market to be sold, or absorbed, at the current rate of sales. Above is a one year comparison of the number of months of inventory on hand.
See this Brigantine Home Listing
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Let's get together and talk about your >South Jersey experience. If you are a buyer, we can help you find the perfect home or condo for you in the South Jersey Shore Home area. If you are selling a home we can simplify the process for you. We can prepare a Comparative Market Analysis - CMA for your home and let you know what your home actual home value is in this market. Call Peter or Beverly Petridis at the office 609-264-7304, or on our cell phone 609-377-4023. We will set-up a time that is easy and convenient for you to meet.