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Ocean County Closed Sales 2009 01-01-2009 ~09/30/2009

Ocean County closed sales 01/01/2009 through 09/30/2009

According to industry experts as of September 2009 the following months of inventory remain unsold.

Total Ocean County Market 10 months

400K or less 8 months

400K-599K 19 Months

600K to 1 Million 20 Months

1m to 2.5m 24 Months

2.5 Million 44 Months

A normal real estate market is reflected when we have a 5 to 6 month supply of inventory.

Monmouth Ocean MLS (Closed sales the first 3 quarters of 2009)

Township

BAR BARNEGAT

Transactions

177

Total Dollar Volume

$37,128,205

Average Sale Price

$209,763

Medium Sale Price

$217,000

BAY BAY HEAD

18

$8,730,100

$485,005

$161,400

BEA BEACH HAVEN

4

$4,632,000

$1,158,000

$972,500

BER BERKELEY

647

$96,893,758

$149,758

$125,000

BEW BEACHWOOD

65

$14,328,350

$220,436

$230,000

BRK BRICK

785

$178,593,378

$227,507

$200,000

EAG EAGLESWOOD

7

$1,008,300

$144,042

$120,000

HAR HARVEY CEDARS

1

$1,700,000

$1,700,000

$1,700,000

ISL ISLAND HEIGHTS

10

$2,414,250

$241,425

$193,500

JAC JACKSON

448

$114,240,144

$255,000

$260,000

LAC LACEY

312

$68,615,945

$219,922

$225,000

LAV LAVALLETTE BORO

30

$25,787,150

$859,571

$757,250

LEH LITTLE EGG HARBOR

83

$15,730,535

$189,524

$195,000

LKH LAKEHURST

15

$1,328,510

$88,567

$14,400

LKW LAKEWOOD

440

$80,483,386

$182,916

$165,000

LNG LONG BEACH

4

$2,703,000

$675,750

$711,500

MAC MANCHESTER

565

$65,456,085

$115,851

$89,000

MAK MANTOLOKING

13

$25,919,533

$1,993,810

$2,225,000

OCG OCEAN GATE

31

$4,688,234

$151,233

$151,000

OCN OCEAN(OCN)

92

$17,183,405

$186,776

$191,450

PIN PINE BEACH

14

$4,083,700

$291,692

$247,450

PLU PLUMSTED

43

$7,425,775

$172,692

$220,000

PPB POINT PLEASANT BEACH

88

$30,241,302

$343,651

$350,000

PTP POINT PLEASANT

196

$59,599,187

$304,077

$289,500

SEH SEASIDE HEIGHTS

42

$11,172,160

$266,003

$231,500

SEP SEASIDE PARK

20

$10,293,000

$514,650

$430,000

SHI SHIP BOTTOM

5

$2,632,500

$526,500

$525,000

STA STAFFORD

219

$55,632,727

$254,030

$254,900

STO SOUTH TOMS RIVER

28

$4,202,350

$150,083

$181,000

SUR SURF CITY

5

$1,552,550

$310,510

$450,000

TOM TOMS RIVER TWP

899

$237,114,594

$263,753

$246,000

TUC TUCKERTON

17

$2,526,425

$148,613

$150,000

TOTALS

5323

$1,194,040,538

$224,317

$200,000

Broker-Manager Sales & Marketing Professional

Office 732-657-1300 dawnmariewhite@gmail.com

Cell 732-581-9414 www.njwaterfront.com

Posted Wednesday Oct 28