Weekly Market Buzz | 1/22/2018
Monmouth County single-family home unit sales are median sale price is up 1.2%, new listings are down -18.4% and median list price is up 3.9%. The RESOURCES Report
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Monmouth County single-family home unit sales are median sale price is up 1.2%, new listings are down -18.4% and median list price is up 3.9%. The RESOURCES Report
How did your town do in 2017? Check The RESOURCES Report for market conditions and trends for your home. #atlantichighlands #rumson #monmouthbeach #coltsneck #fairhaven #holmdel #littlesilver #longbranch #middletown #oceanport #redbank #shrewsbury #monmouthcounty
Monmouth County had a productive 2017 with an 11% unit sales increase in single-family homes and a 2.47% higher median sale price. The list to sale price ratio narrowed by a full percentage point to 96%. And by year end, county-wide there was only 4.7 months of inventory; the available inventory was down 13%. The RESOURCES Report
Happy New Year 2018! Now that 2017 is behind us we can look forward to a prosperous New Year! 2017 saw low inventory and is continuing to trend that way so far in 2018. While inventory is low and in strong demand, home prices are expected to rise making it a great seller’s market. New […]
Resources Real Estate achieved a 33.9% dollar volume sales increase across all categories in 2017 relative to the previous year. Our sales for single-family unit sales were up 29.1% and dollar volume sales were up 31.5%. Monmouth County single-family sales were up 11%. The RESOURCES Report
“I have witnessed an amazing growth of the real estate market during the past few years. My experience, tells me that we will continue to see more first time home buyers, increases in home values and steady mortgage rates, all leading to a strong 2018 market. The rapid movement in the sale of homes, will […]
“I see 2018 as being the year real estate will boom! Reports have indicated low inventory in Monmouth County towards the end of last year, an increase in the median home prices, as well as interest rates being stable. As a result, I believe this trend will continue- buyers and sellers, you have to be […]
“Put your seat belts on! 2018 is the year where the real Estate Market will be taking off fast! ! With this ever changing Real Estate Market, both buyer’s and seller’s will need a Realtor who will maximize their home profit and negotiate on their behalf from start to finish! Leading indicators points to stronger […]
“The largest impact on the commercial sector is that there will now be more investment capital for investment vs. increasing shareholder value. The first signs will be upticks in leasing activity over the next three quarters. The fourth quarter of 2018 will have us moving in the fast-paced market for both commercial and residential real […]
“I am both thrilled and excited with what is happening in the real estate market! In all my years of being a realtor professional I have never experienced such a positive real estate environment for both the buyer and the seller. I see 2018 as a tremendous opportunity for both! It all entails picking […]
Monmouth County single-family home sales ended the year up 11% with a median sale price up 2.5% compared with same period last year. Median list price is up 2.1%. 2017 3rd Quarter RESOURCES Report