Market Statistics – Homes for Sale, Sold & Under Contract for Egg Harbor Township for June 2008 to June 2009
July 12, 2009
|
EHT |
June 08 |
June 09 |
Units Change |
Percent Change |
|
Sale Median Price |
$299,000 |
$268,000 |
$-31,000 |
-10.4 |
|
Sold Median Price |
$305,000 |
$235,000 |
$-70,000 |
-23 |
|
Sale |
845 |
810 |
35 |
-4.1 |
|
Under Contract |
59 |
38 |
-21 |
-35.1 |
|
Sold |
59 |
41 |
-18 |
-50 |
|
Absorption |
12.3 |
18.9 |
6.6 |
54 |
Statistics
Egg Harbor Township NJ
-Sale Median Price June 2008 was $299,000 compared to $268,000, decrease of $31,000
-Sold Median Price June 2008 was $305,000 compared to $235,000, decrease of $70,000
-Unit Sales for June 2008 was 845 compared to 810 in June 2009, an incr. of 35 units
-Units UCT June 2008 was 59 compared to 38 in June 2009, a decrease of 21 units
-Units Sold June 2008 was 59 compared to 41 in June 2009, a decrease of 18 units
-Absorption June 2008 was 13 compared to 19 in June 2009, an increase of 7 month
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.