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RED BANK MONTHLY REAL ESTATE REPORT |
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July 1 – July 31, 2013 |
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Total number of closed sales |
8 |
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Average days on market |
41 |
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Ratio of sale price to list price |
97% |
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Lowest closed price |
$170,000 |
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Highest closed price |
$749,900 |
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Median closed price |
$292,500 |
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Distribution of Closed Sales |
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# under $400,000 |
5 |
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# $400,001 – $700,000 |
2 |
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# above $700,000 |
1 |
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Total under contract as of 8/6/13 |
19 |
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Total homes available as of 8/6/13 |
40 |
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Median price of available homes |
$313,950 |
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Source: Monmouth/Ocean MLS. Information deemed reliable but not |
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