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RED BANK 2012 REAL ESTATE REPORT |
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January 1 – December 31, 2012 |
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Total Number of closed sales |
58 |
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Average days on market |
84 |
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Ratio of sale price to list price |
95% |
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Lowest closed price |
$85,000 |
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Highest closed price |
$1,640,000 |
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Median closed price |
$344,900 |
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Distribution of Closed Sales |
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# under $400,000 |
39 |
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# $400,001 – $700,000 |
13 |
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# above $700,000 |
6 |
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Total under contract as of 1/22/13 |
14 |
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Total homes available as of 1/22/13 |
25 |
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Median price of available homes |
$350,000 |
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Source: Monmouth/Ocean MLS. Information deemed reliable but not |
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It may be freezing outside the but real estate market is getting
hot!
Are
you planning to buy or sell a home in 2013? The time to get started is now!
With today’s great financing options and higher demand for housing, more and
more buyers are making a move.
Call
me today to schedule a meeting. I can offer you an expert market opinion on
your home’s value and present advice on getting your home in the best shape, before
you put it on the market.