RED BANK MONTHLY REAL ESTATE REPORT
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June 1 - 30, 2012
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Total Number of closed sales
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4
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Average days on market
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54
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Ratio of sale price to list price
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96%
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Lowest closed price
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$219,500
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Highest closed price
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$552,500
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Median closed price
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$552,500
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Distribution of Closed Sales
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# under $400,000
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2
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# $400,001 - $700,000
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0
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# above $700,000
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2
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Total under contract as of 7/3/12
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19
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Total homes available as of 7/3/12
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46
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Median price of available homes
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$349,950
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Source: Monmouth/Ocean MLS. Information deemed reliable but not guaranteed.
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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.
