RED BANK December REAL ESTATE REPORT
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RED BANK MONTHLY REAL ESTATE REPORT |
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December 1 – December 31, 2012 |
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Total Number of closed sales |
9 |
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Average days on market |
86 |
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Ratio of sale price to list price |
97% |
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Lowest closed price |
$130,000 |
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Highest closed price |
$840,000 |
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Median closed price |
$410,000 |
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Distribution of Closed Sales |
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# under $400,000 |
4 |
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# $400,001 – $700,000 |
3 |
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# above $700,000 |
2 |
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Total under contract as of 1/3/13 |
14 |
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Total homes available as of 1/3/13 |
23 |
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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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Happy New Year! The signs are everywhere. The real estate market
is improving and I expect this to be a great year!
