Tuesday, July 10, 2012

RED BANK MONTHLY REAL ESTATE REPORT June 2012


RED BANK MONTHLY REAL ESTATE REPORT
June 1 - 30, 2012
Total Number of closed sales
4
Average days on market
54
Ratio of sale price to list price
96%
Lowest closed price
$219,500
Highest closed price
$552,500
Median closed price
$552,500
Distribution of Closed Sales
# under $400,000
2
# $400,001 - $700,000
0
# above $700,000
2
Total under contract as of 7/3/12
19
Total homes available as of 7/3/12
46
Median price of available homes
$349,950


Source: Monmouth/Ocean MLS. Information deemed reliable but not guaranteed.


If you are thinking about selling your home, now is the time! With today's low interest rates and available financing, the buyers are back. The Spring market is in full swing and there has never been a better time to make a move. 

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