Overall Sales Hit 5.5 Million in 2017

The National Association of Realtors® total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 1.1 percent in 2017 to a 5.51 million sales pace and surpassed 2016 (5.45 million) as the...

Home Buyer Checklist

Single-family home Townhouse Condo Here is a checklist for those looking to buy a home: What Kind of Neighborhood? Do you want to be in a family neighborhood? Do you want to be near a playground? Do you want to be close to your child’s school? Do you want to bike...

Ocean and Monmouth County New Listings Dip

OCEAN COUNTY DECEMBER 2017 Single Family December 2017 Key Market Metrics 2016 2017 Change ■ New Listings 642 613 – 4.5% ■ Closed Sales 672 615 – 8.5% ■ DOM* 86 83 – 3.5% ■ Median Px $279K $290K + 3.7% ■ % of Px Rec’d 96.2% 96.7% + 0.5% ■...

Single-Family Home Inventory Plummets 27 Percent

The number of single family homes and townhouse-condos closed were up just slightly. While the supply for both single family and townhouse-condos plummeted by 27% and 25% respectively. • Single Family Closed Sales were up 0.2 percent to 6,560. • Townhouse-Condo Closed...

Rental Markets Remain Strong

As we move deeper and deeper into 2018, the real estate climate continues to show signs that it will continue its push higher for the next 12 months. Everything appears to point to a very tight market: with closed sales and new listings for the most part keeping pace...