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Charlene Grant 609-312-6625

OCTOBER 2008 / OCEAN COUNTY MONTHLY STATS REPORT OCEAN COUNTY NJ

Monthly Statistics Report - Oct 2008

Ocean County Board of REALTORS, Inc. - Compiled on November 10, 2008
For areas: 15
Oct 2008 Change from
Sep 2008
Oct 2007 Change from
10/07 - 10/08
YTD
2008
YTD
2007
2007 - 2008
YTD
Residential
New Listings 513 -9.84% 622 -17.52% 6,107 6,807 -10.28%
Sold Listings 182 -5.21% 210 -13.33% 1,892 2,407 -21.40%
Volume - Sold Listings $64,058,827 -5.50% $86,962,023 -26.34% $741,519,118 $986,417,042 -24.83%
Average Sale Price $351,972 -0.31% $414,105 -15.00% $391,923 $409,812 -4.37%
High Sale Price $2,454,900 -8.23% $4,925,000 -50.15% $6,150,000 $4,925,000 24.87%
Low Sale Price $43,000 22.86% $10,400 313.46% $6,000 $10,400 -42.31%
Average Days on Market 130 6.56% 130 0.00% 130 119 9.24%
Vacant Land
New Listings 29 -44.23% 39 -25.64% 477 520 -8.27%
Sold Listings 9 200.00% 5 80.00% 63 82 -23.17%
Volume - Sold Listings $2,347,500 622.86% $1,584,000 48.20% $12,136,461 $27,400,034 -55.71%
Average Sale Price $260,833 140.95% $316,800 -17.67% $192,642 $334,147 -42.35%
High Sale Price $1,750,000 1,090.48% $849,000 106.12% $1,750,000 $3,125,000 -44.00%
Low Sale Price $14,000 -81.99% $90,000 -84.44% $3,000 $7,500 -60.00%
Average Days on Market 204 60.63% 63 223.81% 216 120 80.00%
Commercial/Industrial
New Listings 21 -36.36% 30 -30.00% 267 236 13.14%
Sold Listings 3 50.00% 3 0.00% 22 36 -38.89%
Volume - Sold Listings $700,000 41.41% $1,165,000 -39.91% $9,628,450 $17,794,100 -45.89%
Average Sale Price $233,333 -5.72% $388,333 -39.91% $437,657 $494,281 -11.46%
High Sale Price $375,000 25.00% $600,000 -37.50% $3,400,000 $2,300,000 47.83%
Low Sale Price $35,000 -82.05% $275,000 -87.27% $24,950 $1,200 1,979.17%
Average Days on Market 116 -16.55% 45 157.78% 157 147 6.80%
Multi-Family
New Listings 18 0.00% 18 0.00% 155 163 -4.91%
Sold Listings 3 -40.00% 2 50.00% 34 45 -24.44%
Volume - Sold Listings $2,237,000 -42.64% $861,000 159.81% $25,045,000 $29,844,200 -16.08%
Average Sale Price $745,667 -4.40% $430,500 73.21% $736,618 $663,204 11.07%
High Sale Price $959,000 -36.07% $580,000 65.34% $1,700,000 $1,600,000 6.25%
Low Sale Price $633,000 12.04% $281,000 125.27% $260,000 $108,000 140.74%
Average Days on Market 140 7.69% 79 77.22% 151 169 -10.65%
Rental
New Listings 72 -14.29% 51 41.18% 503 317 58.68%
Sold Listings 0 N/A 0 N/A 0 0 N/A
Volume - Sold Listings $0 N/A $0 N/A $0 $0 N/A
Average Sale Price $0 N/A $0 N/A $0 $0 N/A
High Sale Price $0 N/A $0 N/A $0 $0 N/A
Low Sale Price $0 N/A $0 N/A $0 $0 N/A
Average Days on Market 0 N/A 0 N/A 0 0 N/A
Total
New Listings 653 -13.62% 760 -14.08% 7,509 8,043 -6.64%
Sold Listings 197 -2.48% 220 -10.45% 2,011 2,570 -21.75%
Volume - Sold Listings $69,343,327 -4.37% $90,572,023 -23.44% $788,329,029 $1,061,455,376 -25.73%
Average Sale Price $351,997 -1.94% $411,691 -14.50% $392,008 $413,018 -5.09%
High Sale Price $2,454,900 -8.23% $4,925,000 -50.15% $6,150,000 $4,925,000 24.87%
Low Sale Price $14,000 -60.00% $10,400 34.62% $3,000 $1,200 150.00%
Average Days on Market 134 9.84% 127 5.51% 134 120 11.67%

ALL INFORMATION DEEMED RELIABLE BUT NOT GUARANTEED

Contact: Charlene Grant, Realtor Assoc.

Century 21 Pacesetter

Cell 609-312-6625

www.ShopJerseyShoreHomes.com

Selling your home? Read these buyer turn offs. Ocean County NJ

If you’re selling your home, keep in mind that these seemingly little things are the biggest turn-offs to a prospective buyer:

  • Icky smells (cigarettes, pets, food): Invest in a good air filter or freshener, open windows, whatever it takes.
  • Dirty kitchens and bathrooms: Really tackle these two areas to get them sparkling.
  • Dark rooms: Turn on lights, open curtains,
  • Dirty carpet: Consider having it professionally cleaned. Cluttered rooms and closets: Rent a temporary storage unit (or the basement of a good friend) to stash your beer mug collection.
  • Barking dogs: send them to a friend or relative's house when your home is being shown.
  • A damp basement: Keep a dehumidifier going.
  • Poorly maintained front yard: spend some time mowing, trimming overgrown bushes and pulling weeds. Add a pot or two of colorful flowers near the front door for a welcoming feel.
  • Weathered or peeling front door: a fresh coat of paint and new hardware is an inexpensive boost that really pays off.

Thinking about selling your home? The first 10 things you need to know when selling!

1. Call Charlene Grant she will do the other 9+!

Charlene Grant, Realtor Assoc.

Century 21 Pacesetter Realty Inc.

325 E. Route 72, Manahawkin, NJ 08050

Call Direct 609-312-6625

Visit online: www.ShopJerseyShoreHomes.com

Stay up to date with current rates & Special Financing in Ocean County NJ

MORTGAGE INTEREST RATES
provided by: mortgage tool


Because loan interest rates are constantly changing, Century 21 Pacesetter Realty, Charlene Grant and mortgage associates American Dream Wholesale Mortgage Corp. wants to make sure you always know your current rate options. The Century 21 Pacesetter Realty, Charlene Grant and mortgage associates American Dream Wholesale Mortgage Corp. Rate Finder checks your most up-to-date rate options. Email CharleneGrantRealtor@yahoo.com to find the loan rates that will best fit your financial situation. Feel free to discuss your loan rate options and questions with a Century 21 Pacesetter Realty, Charlene Grant and mortgage associates American Dream Wholesale Mortgage Corp. professional by calling (609)312-6625. Charlene Grant, Realtor Associate, Assistant Loan Officer Century 21 Pacesetter Manahawkin, NJ http://www.ShopJerseyShoreHomes.com

12 GREAT REASONS TO LIST YOUR HOME FOR SALE BEFORE THE HOLIDAY SEASON OCEAN COUNTY NJ

12 GREAT REASONS TO LIST WITH CHARLENE GRANT WITH CENTURY 21 PACESETTER REALTY

"BEFORE THE HOLIDAY SEASON"

  1. Only serious buyers are out shopping during the season....Not just lookers.

2. Houses always smell great during the Holidays.

•3. Great curb appeal while the house is decorated.

•4. Buyers think it is a good time to get a good deal, especially on the water.

•5. Cozy and warm during the Holidays, especially with roaring fireplace.

•6. Less competition with a limited number of homes on the market during the Holiday.

•7. Inside of home is decorated and looks great and in a " festive mood".

•8. Customers expect your house to be a little unsettled during the Holidays.

•9. Customers have time off to shop for a house during the Holidays.

•10. Take care now, don't procrastinate, so you can relax after we get it sold.

•11. Interest rates tend to go up after the Holidays so plan for your future now.

•12. I can give you best service in the winter with less listings you get more advertising.

Charlene Grant, Realtor Assoc.

Century 21 Pacesetter, 325 E. Route 72 Manahawkin, NJ 08050 Office: 609-978-500

Call Direct: 609-312-6625

www.ShopJerseyShoreHomes.com

Curious about the market in Manahawkin NJ ? Look what is currently UNDER CONTRACT this fall 2008

Are you curious as to what the action going on in the real estate market in Manahawkin, NJ? Here is a list of what has recently gone under contract in Stafford Township.

Curious about what they sold for compared to thier list price? Sign up for auto emails of what has sold in your neighborhood. Email me at CharleneGrantRealtor@yahoo.com or call 609-312-6625.

Charlene Grant, Realtor Associate

Century 21 Pacesetter, 325 E. Route72, Manahawkin, NJ 08050 609-978-5000

Call Direct at 609-312-6625

Visit online: www.ShopJerseyShoreHomes.com to sign up for auto-emails of all the new hot listings! Probate homes, foreclosures, short sales, hud homes, waterfronts, vacation homes, residential re-sales, adult communities, new construction, co-ops, rentals.

55 Dogwood List Price: $89,000 Under Contract 10/20/08 Days on Market 73

8 Magnolia Rd List Price:$129,777 Under Contract 09/25/08 Days on Market 37

40 Sycamore List Price: $185,000 Under Contract 09/05/08 Days on Market 312

148 Reel List Price: $192,000 Under Contract 10/24/08 Days on Market 35

204 Mizzen List Price: $199,900 Under Contract 09/18/08 Days on Market 81

120 Lighthouse List Price: $280,500 Under Contract 11/01/08 Days on Market 181

147 Division St List Price: $299,900 Under Contract 10/22/08 Days on Market 24

96 Albert Dr List Price: $319,900 Under Contract 10/07/08 Days on Market 221

96 Mary Alice List Price: $324,900 Under Contract 10/13/08 Days on Market 379

925 Mill Creek Rd List Price: $329,000 Under Contract 10/07/08 Days on Market 209

43 Lawrence List Price: $339,900 Under Contract 10/03/08 Days on Market 33

176 Dolphin List Price: $349,900 Under Contract 10/06/08 Days on Market 173

26 Crane List Price: $369,675 Under Contract 09/22/08 Days on Market 129

197 Inlet Ave List Price: $369,900 Under Contract 09/23/08 Days on Market 1

39 Ruth Ann List Price: $370,000 Under Contract 10/18/08 Days on Market 10

79 Phyllis List Price: $395,000 Under Contract 09/12/08 Days on Market 324

1031 Whispering Oak List Price: $399,900 Under Contract 09/19/08 Days on Market 332

1375 Paul List Price: $399,900 Under Contract 10/10/08 Days on Market 100

124 Galleon Rd List Price: $449,900 Under Contract 09/04/08 Days on Market 6

10 Inman List Price: $464,900 Under Contract 09/05/08 Days on Market 279

178 Holly List Price: $464,900 Under Contract 09/03/08 Days on Market 277

164 Evelyn List Price: $589,900 Under Contract 10/21/08 Days on Market 165

161 Beachview List Price: $679,000 Under Contract 09/17/08 Days on Market 170

*These stats are as of 11/2/08 Jersey Shore MLS deemed reliable but not guaranteed Ocean County Board of Realtors

Founded in 1749 by English settlers, Manahawkin is an intimate suburban community located in Stafford Township on the Atlantic Coastal Plain in central New Jersey. Stafford Township is home to more than 22,500 people and includes Manahawkin, Ocean Acres, Beachview, Cedar Run, Beach Haven West, Mayetta and much of Warren Grove. Manahawkin is one of southern Ocean County's fastest growing communities. The area has undergone extraordinary changes from its early history through the new millennium - from harvesting cranberries to suburban developments and a recreational economy. Yet, it still retains much of the small-town charm of old Manahawkin. Because it is so close to the job centers of New York, Philadelphia and northern New Jersey, young professionals, retirees and more are discovering the benefits of suburbanization in a predominantly rural area. The Stafford Township School District is located in Manahawkin and serves approximately 4,000 students. Manahawkin's Southern Regional High School is an area leader in education. Large tracts of land around Manahawkin and the Garden State Parkway on US Route 9 are protected open spaces, which include state parks, forests and wildlife management areas. Nearby, the seaside community of Long Beach Island (LBI) and the rest of the Jersey Shore offer miles of magnificent beaches and a myriad of activities including fishing, boating and all types of water sports. Just 35 minutes to the south, you can get away and enjoy all the excitement and entertainment of Atlantic City. Manahawkin's real estate market offers a variety of single-family homes for sale, many with spacious wooded lots and scenic views.

A Scenic view over Stafford's Deer Lake