Homes for Sale, Sold, Under Contract for Longport NJ June 2008 to June 2009
July 11, 2009
|
Longport |
June 08 |
June 09 |
Units Change |
Percent Change |
|
Sale Median Price |
$1,149,500 |
$969,500 |
$-180,000 |
-15.7 |
|
Sold Median Price |
$1,300,000 |
$2,700,000 |
$1,400,000 |
107.7 |
|
Sale Units |
104 |
112 |
8 |
7.7 |
|
Under Contract |
4 |
2 |
-2 |
-50 |
|
Sold |
3 |
3 |
0 |
0 |
|
Absorption |
23.5 |
51.5 |
28 |
119.1 |
Longport NJ 08401
-Sale Median Price June 2008 was $1,149,500 compared to $969,500, decrease of $180,000
-Sold Median Price June 2008 was $1,300,000 compared to $2,700,000, inccrease of $1,400,000
-Unit Sales for June 2008 was 104 compared to 112 in June 2009, an incr. of 8 units
-Units UCT June 2008 was 4 compared to 2 in June 2009, a decrease of 2 units
-Units Sold June 2008 was 3 compared to 3 in June 2009
-Absorption June 2008 was 24 compared to 51 in June 2009, an increase of 28 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.