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RED BANK MONTHLY REAL ESTATE REPORT |
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February 1 – February 28, 2014 |
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Total Number of closed sales |
1 |
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Average days on market |
20 |
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Ratio of sale price to list price |
94% |
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Lowest closed price |
$724,000 |
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Highest closed price |
$724,000 |
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Average closed price |
$724,000 |
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Distribution of Closed Sales |
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# under $400,000 |
0 |
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# $400,001 – $700,000 |
1 |
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# above $700,001 |
0 |
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Total under contract as of 3/6/14 |
12 |
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Total homes available as of 3/6/14 |
27 |
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Average price of available homes |
$341,824 |
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Source: Monmouth/Ocean MLS. Information deemed reliable but not guaranteed. |
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Will Spring Ever Get Here?
Like most people, I’m eagerly awaiting the arrival of Spring.