Tuesday, January 05, 2016

Red Hot Red Bank is still Red Hot!

Red Bank Residential
J-15F-15M-15A-15M-15J-15J-15A-15S-15O-15N-15D-15Number of Listings0306090120150Active ListingsNew ListingsSold Listings
J-15F-15M-15A-15M-15J-15J-15A-15S-15O-15N-15D-15Listings Prices$100K$180K$260K$340K$420K$500KActive Median List PriceNew Median List PriceSold Median Sale Price
J-15F-15M-15A-15M-15J-15J-15A-15S-15O-15N-15D-15Absorption Rate, in Months4 Mo.6 Mo.8 Mo.10 Mo.12 Mo.14 Mo.Absorption Rate
J-15F-15M-15A-15M-15J-15J-15A-15S-15O-15N-15D-15Sold to List Ratio90%92%94%96%98%100%Sale to Original List Price Ratio
J-15F-15M-15A-15M-15J-15J-15A-15S-15O-15N-15D-15Days on Market2036526884100Average DOM
J-15F-15M-15A-15M-15J-15J-15A-15S-15O-15N-15D-15Price Volume$0$14M$28M$42M$56M$70MActive List VolumeNew List VolumeSold Sale Volume

Summary Statistics
Dec-15Dec-14% Chg2015 YTD2014 YTD% Chg
Absorption Rate5.448.96-39.297.638.21-7.06
Average List Price$421,020$388,8338.28$406,920$410,851-0.96
Median List Price$334,900$299,00012.01$319,950$309,0003.54
Average Sale Price$287,030$330,258-13.09$381,570$293,72029.91
Median Sale Price$295,000$355,000-16.90$295,000$266,00010.90
Average DOM957035.716670-5.71
Median DOM5124112.503851-25.49

Sold Listings
This MonthYear to Date
20152014% Chg20152014% Chg
0-29,999000.0000.0
30,000-39,999000.0000.0
40,000-49,999000.0000.0
50,000-59,999000.0000.0
60,000-69,999000.010N/A
70,000-79,999000.012-50.0
80,000-89,99910N/A31200.0
90,000-99,999000.012-50.0
100,000-119,999110.011757.1
120,000-139,99910N/A12771.4
140,000-159,99921100.0181428.6
160,000-179,999110.0191172.7
180,000-199,99920N/A13862.5
200,000-249,99931200.02812133.3
250,000-299,999110.03214128.6
300,000-399,99962200.0563180.6
400,000-499,99923-33.33212166.7
500,000+3250.04217147.1
Totals231291.726913894.9

Pending Listings
This MonthYear to Date
20152014% Chg20152014% Chg
0-29,999000.0000.0
30,000-39,999000.0000.0
40,000-49,999000.0000.0
50,000-59,999000.0000.0
60,000-69,999000.0000.0
70,000-79,999000.0110.0
80,000-89,999000.031200.0
90,000-99,999000.001-100.0
100,000-119,99910N/A9580.0
120,000-139,99902-100.0131118.2
140,000-159,99901-100.0211190.9
160,000-179,99931200.0211361.5
180,000-199,999000.0151050.0
200,000-249,99930N/A3414142.9
250,000-299,99940N/A3411209.1
300,000-399,9995425.0663873.7
400,000-499,99941300.03515133.3
500,000+5366.7442391.3
Totals2512108.329615492.2

Active Listings
This MonthYear to Date
20152014% Chg20152014% Chg
0-29,99910N/A10N/A
30,000-39,999000.0000.0
40,000-49,999000.0000.0
50,000-59,999000.0000.0
60,000-69,999000.0000.0
70,000-79,999000.0110.0
80,000-89,99901-100.03250.0
90,000-99,999000.004-100.0
100,000-119,99923-33.3111010.0
120,000-139,99924-50.016160.0
140,000-159,99927-71.4282040.0
160,000-179,9999580.0382458.3
180,000-199,999220.0211910.5
200,000-249,9991516-6.2684841.7
250,000-299,999181612.5684647.8
300,000-399,9991922-13.61189524.2
400,000-499,999171154.5694456.8
500,000+301687.51086663.6
Totals11710313.655039539.2

New Listings
This MonthYear to Date
20152014% Chg20152014% Chg
0-29,999000.010N/A
30,000-39,999000.0000.0
40,000-49,999000.0000.0
50,000-59,999000.0000.0
60,000-69,999000.0000.0
70,000-79,999000.0110.0
80,000-89,999000.0220.0
90,000-99,999000.004-100.0
100,000-119,99901-100.089-11.1
120,000-139,99901-100.01314-7.1
140,000-159,99912-50.0211723.5
160,000-179,99912-50.0321877.8
180,000-199,999000.0191526.7
200,000-249,999220.0523933.3
250,000-299,999330.0533743.2
300,000-399,99938-62.5978021.3
400,000-499,99952150.0603762.2
500,000+3250.0955766.7
Totals1823-21.745433037.6

Information is deemed to be reliable, but is not guaranteed. © 2016 MLS and FBS. Prepared by Gloria Benaroch, Coldwell Banker 732.245.4031 on Tuesday, January 05, 2016 3:44 PM.

No comments:

Myths vs facts

From the guru of agency, John Reilly: Regarding the Bright Analysis by Lisa Sturtevant, PhD Bright Chief Economist Our analysis shows that t...