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Toms River Township Real Estate Market Report

As of this post, there are currently 730 single family homes listed as Active on the the Monmouth/Ocean County Association of Realtors Multiple Listing Service in Toms River Township. The lowest priced property for the area (just Toms River Township, not including South Toms River), is currently a $49,000 mobile home and the high property is a custom bay front home listed at $2,999,999. Over the last 6 months (since 8/13/2011), there have been a total of 327 single-family homes sold (this does not include condominimums). The lowest priced closed sale, was $44,000 for a mobile home and $1,675,000 for a custom shore front colonial. Most homes sold within a 3 to 6 month listing period, but some however, took 10 months to a year, the average being around 130 days. 197 homes that sold were sold under $300,000, 130 homes sold over $300,000. This indicates a healthy market for those who price their homes correctly amongst the competition because while there are many home listed for sale, a good number of homes have sold at fair prices. Now the number of expired homes over the same period were 573, meaning the difference between selling and not selling is a very small margin. Factors that determine that can be anything ranging from a few thousand dollars in the listing price, location and/or improper marketing. If you are considering selling or renting out a home in Toms River Township, please allow me, Jason Feinman of RE/MAX Prestige, the opportunity to meet with you and perform a custom, comparative market analysis for your home. I am a certified Internet and Technology Professional (e-PRO) by the National Association of Realtors and a 5 star client rated "Incredible Agent" on such unbiased review sites as www.incredibleagents.com. Call me at 732-865-2359 and get the service and results you need and deserve, today. Check out my award winning website: www.yourjerseyshorehome.net, to see how your home will get seen by more home buyers with top search engine placement on the fastest growing website for all things pertaining to Jersey Shore homes for sale.

Posted Monday Feb 13