Middletown, NJ Market Report for September

Middletown, NJ Market Report for September

Single-Family Homes

September 2008

	Total	Avg. List Price
New Listings	94	464,950
Under Contract	50	372,929
Closed	40	487,661

The average closed price was $461,240.

On average the closed price was 5.42% lower than the list price.

Compared to September 2007

	Total	Avg. List Price
New Listings	101	731,390
Under Contract	51	440,016
Closed	47	522,321

The average closed price was $501,069.

On average the closed price was 4.07% lower than the list price.

Townhomes

September 2008

	Total	Avg. List Price
New Listings	17	390,653
Under Contract	5	355,380
Closed	3	421,519

The average closed price was $402,186.

On average the closed price was 4.59% lower than the list price.

Compared to September 2007

	Total	Avg. List Price
New Listings	16	390,456
Under Contract	6	442,800
Closed	6	417,633

The average closed price was $393,583.

On average the closed price was 5.76% lower than the list price.

Information is gathered from the Monmouth/Ocean MLS. Information is deemed reliable but is not guaranteed. This market summary is not to be used to determine the value of any property.

Wondering how these statistics effect the sale price of your home?

To find out more, call or email Kirstin today for a FREE Comparative Market Analysis of your home.