Rumson, NJ 07760
Sun Aug 14 2016
This week the median list price for Rumson, NJ 07760 is $1,699,500 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has decreased to 128. Stay informed with the Rumson market!
Market Action Index
The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.
Slight Buyer's Advantage
The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.