Market Conditions and Statistics for Brigantine NJ June 2008 to June 2009
July 11, 2009
Brigantine
|
|
June 08 |
June 09 |
Units Change |
Percent Change |
|
Sale |
722 |
768 |
46 |
6.4% |
|
Under Contract |
25 |
14 |
-11 |
-44% |
|
Sold |
23 |
23 |
0 |
0 |
|
Absorption |
26 |
49 |
23 |
89.9% |
Market Conditions and Statistics
Brigantine, NJ 08203
-Unit Sales for June 2008 was 722 compared to 768 in June 2009, an increase of 46 units
-Units UCT June 2008 was 25 compared to 14 in June 2009, a decrease of 11 units
-Units Sold June 2008 was 23 compared to 23 in June 2009, no change
-Absorption June 2008 was 26 compared to 49 in June 2009, increase of 23 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.

