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Atlantic City NJ Real Estate Market Update Year to Year Comparison as of 06.30.2009
June 30th, 2009 4:15 PM

RE = Residential

LD = Land

CI = Commercial

MF = Multi-Family

CN = Condominium

DOM = Days on Market

*** Take a look at the bold printed columns and compare each year's corresponding property sales to determine what is happening in terms of value in this neighborhood. Make sure to campare apples to apples, i.e. 4 Bed with 4 Bed, 3 Bed with 3 Bed, and so on!***

 

Market Statistics All MLS
Statistics for: Class=RE, LD, CI, MF, CN, RN AND Date Range=06/01/2008-06/30/2009 AND Area=Atlantic City NJ AND Board=-1; As Of: 6/30/2009
 
Class Bedrooms Current Active Avg List Price Avg DOM
All All 979 $428,388 232
RE All 268 $324,371 193
RE 1 bedroom 2 $109,500 192
RE 2 bedroom 18 $171,777 144
RE 3 bedroom 157 $255,895 210
RE 4 bedroom 56 $390,403 165
RE 5+ bedroom 35 $616,642 186
LD All 121 $613,031 376
CI All 75 $1,471,529 293
MF All 124 $389,658 228
CN All 391 $254,734 203
CN 1 bedroom 260 $182,724 212
CN 2 bedroom 92 $346,057 197
CN 3 bedroom 33 $419,660 167
CN 4 bedroom 6 $1,067,800 89
CN 5+ bedroom 0 $0 0
RN All 0 $0 0
RN 1 bedroom 0 $0 0
RN 2 bedroom 0 $0 0
RN 3 bedroom 0 $0 0
RN 4 bedroom 0 $0 0
RN 5+ bedroom 0 $0 0
Class Bedrooms Total Listed Num Sold Pct Sold Avg List Price Sold Avg Sale Price Sold Sale Price/List Price Ratio Avg DOM Sold Avg List Price Unsold Pct Expired
All All 1,461 239 16.36% $248,955 $277,432 111.44% 126 $566,725 46.75%
RE All 473 85 17.97% $230,867 $371,031 160.71% 107 $468,797 50.32%
RE 1 bedroom 5 0 0.00% $0 $0 0.00% 0 $201,500 80.00%
RE 2 bedroom 41 10 24.39% $114,440 $103,800 90.70% 89 $250,680 51.22%
RE 3 bedroom 279 54 19.35% $167,298 $424,746 253.89% 93 $308,001 48.75%
RE 4 bedroom 100 16 16.00% $499,587 $399,271 79.92% 154 $567,448 49.00%
RE 5+ bedroom 48 5 10.42% $290,360 $235,000 80.93% 137 $1,404,636 58.33%
LD All 118 16 13.56% $125,018 $72,187 57.74% 172 $1,229,978 52.54%
CI All 79 8 10.13% $841,300 $717,500 85.28% 225 $2,186,120 72.15%
MF All 199 28 14.07% $256,364 $233,369 91.03% 116 $402,754 61.81%
CN All 592 102 17.23% $234,976 $209,210 89.03% 130 $301,875 34.29%
CN 1 bedroom 366 73 19.95% $206,572 $180,889 87.57% 130 $210,661 33.61%
CN 2 bedroom 148 20 13.51% $322,179 $291,178 90.38% 129 $374,422 32.43%
CN 3 bedroom 71 9 12.68% $271,583 $256,777 94.55% 130 $417,922 42.25%
CN 4 bedroom 7 0 0.00% $0 $0 0.00% 0 $689,580 28.57%
CN 5+ bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN All 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN 1 bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN 2 bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN 3 bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN 4 bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN 5+ bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%

 

Market Statistics All MLS
Statistics for: Class=RE, LD, CI, MF, CN, RN AND Date Range=06/01/2007-06/30/2008 AND Area=Atlantic City NJ AND Board=-1; As Of: 6/30/2009
 
Class Bedrooms Current Active Avg List Price Avg DOM
All All 979 $428,388 232
RE All 268 $324,371 193
RE 1 bedroom 2 $109,500 192
RE 2 bedroom 18 $171,777 144
RE 3 bedroom 157 $255,895 210
RE 4 bedroom 56 $390,403 165
RE 5+ bedroom 35 $616,642 186
LD All 121 $613,031 376
CI All 75 $1,471,529 293
MF All 124 $389,658 228
CN All 391 $254,734 203
CN 1 bedroom 260 $182,724 212
CN 2 bedroom 92 $346,057 197
CN 3 bedroom 33 $419,660 167
CN 4 bedroom 6 $1,067,800 89
CN 5+ bedroom 0 $0 0
RN All 0 $0 0
RN 1 bedroom 0 $0 0
RN 2 bedroom 0 $0 0
RN 3 bedroom 0 $0 0
RN 4 bedroom 0 $0 0
RN 5+ bedroom 0 $0 0
Class Bedrooms Total Listed Num Sold Pct Sold Avg List Price Sold Avg Sale Price Sold Sale Price/List Price Ratio Avg DOM Sold Avg List Price Unsold Pct Expired
All All 1,761 335 19.02% $319,747 $280,115 87.61% 113 $521,572 48.38%
RE All 585 114 19.49% $286,698 $258,825 90.28% 95 $450,799 50.43%
RE 1 bedroom 4 0 0.00% $0 $0 0.00% 0 $181,333 75.00%
RE 2 bedroom 46 14 30.43% $197,696 $181,849 91.98% 136 $242,831 45.65%
RE 3 bedroom 346 76 21.97% $208,388 $192,477 92.36% 90 $344,909 50.00%
RE 4 bedroom 117 13 11.11% $488,815 $425,453 87.04% 86 $561,659 45.30%
RE 5+ bedroom 72 11 15.28% $702,163 $618,272 88.05% 86 $840,684 62.50%
LD All 171 29 16.96% $235,193 $155,986 66.32% 112 $621,346 35.67%
CI All 114 10 8.77% $1,178,590 $958,650 81.34% 134 $2,143,263 43.86%
MF All 249 29 11.65% $259,437 $234,275 90.30% 90 $459,871 58.63%
CN All 642 153 23.83% $315,696 $283,846 89.91% 129 $289,666 46.73%
CN 1 bedroom 380 102 26.84% $221,143 $198,946 89.96% 132 $221,280 54.47%
CN 2 bedroom 177 39 22.03% $431,571 $397,756 92.16% 119 $355,384 40.68%
CN 3 bedroom 79 11 13.92% $656,236 $568,500 86.63% 132 $404,081 25.32%
CN 4 bedroom 6 1 16.67% $1,695,000 $1,370,000 80.83% 185 $979,475 16.67%
CN 5+ bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN All 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN 1 bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN 2 bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN 3 bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN 4 bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN 5+ bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%

 

Posted by Fred Nahas on June 30th, 2009 4:15 PMPost a Comment (0)

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Margate NJ Real Estate Market Update Year to Year Comparison as of 06.24.2009
June 24th, 2009 7:01 PM

RE = Residential

LD = Land

CI = Commercial

MF = Multi-Family

CN = Condominium

DOM = Days on Market

*** Take a look at the bold printed columns and compare each year's corresponding property sales to determine what is happing in terms of value in this neighborhood. Make sure to campare apples to apples, i.e. 4 Bed with 4 Bed, 3 Bed with 3 Bed, and so on!***

 

Market Statistics All MLS
Statistics for: Class=RE, LD, CI, MF, CN, RN AND Date Range=06/01/2008-06/30/2009 AND Area=Margate NJ AND Board=-1; As Of: 6/24/2009
 
Class Bedrooms Current Active Avg List Price Avg DOM
All All 414 $839,753 178
RE All 198 $1,191,003 144
RE 1 bedroom 2 $469,000 127
RE 2 bedroom 9 $700,300 188
RE 3 bedroom 72 $717,620 149
RE 4 bedroom 68 $1,192,376 139
RE 5+ bedroom 47 $2,038,887 135
LD All 18 $812,144 206
CI All 13 $914,453 237
MF All 16 $613,418 251
CN All 169 $446,852 205
CN 1 bedroom 55 $242,756 160
CN 2 bedroom 60 $409,284 223
CN 3 bedroom 39 $683,345 222
CN 4 bedroom 15 $730,600 255
CN 5+ bedroom 0 $0 0
RN All 0 $0 0
RN 1 bedroom 0 $0 0
RN 2 bedroom 0 $0 0
RN 3 bedroom 0 $0 0
RN 4 bedroom 0 $0 0
RN 5+ bedroom 0 $0 0
Class Bedrooms Total Listed Num Sold Pct Sold Avg List Price Sold Avg Sale Price Sold Sale Price/List Price Ratio Avg DOM Sold Avg List Price Unsold Pct Expired
All All 747 207 27.71% $658,696 $591,470 89.79% 128 $851,308 27.71%
RE All 384 128 33.33% $783,883 $701,277 89.46% 108 $1,165,856 22.14%
RE 1 bedroom 2 0 0.00% $0 $0 0.00% 0 $299,900 50.00%
RE 2 bedroom 18 4 22.22% $345,850 $321,225 92.88% 23 $388,575 27.78%
RE 3 bedroom 142 56 39.44% $534,046 $491,612 92.05% 83 $703,202 16.20%
RE 4 bedroom 133 42 31.58% $838,557 $751,802 89.65% 136 $1,070,419 24.06%
RE 5+ bedroom 89 26 29.21% $1,301,065 $1,129,714 86.83% 129 $2,060,087 26.97%
LD All 26 3 11.54% $618,000 $565,000 91.42% 300 $772,500 23.08%
CI All 16 4 25.00% $902,000 $705,321 78.20% 280 $1,003,215 56.25%
MF All 35 5 14.29% $505,299 $472,780 93.56% 102 $603,254 48.57%
CN All 286 67 23.43% $418,278 $384,936 92.03% 151 $507,233 31.47%
CN 1 bedroom 103 29 28.16% $265,244 $240,448 90.65% 114 $246,864 33.98%
CN 2 bedroom 93 26 27.96% $445,920 $408,240 91.55% 188 $438,226 33.33%
CN 3 bedroom 65 9 13.85% $734,977 $692,833 94.27% 158 $772,246 35.38%
CN 4 bedroom 25 3 12.00% $707,933 $656,000 92.66% 175 $842,805 4.00%
CN 5+ bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN All 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN 1 bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN 2 bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN 3 bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN 4 bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN 5+ bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%

 

Market Statistics All MLS
Statistics for: Class=RE, LD, CI, MF, CN, RN AND Date Range=06/01/2007-06/30/2008 AND Area=Margate NJ AND Board=-1; As Of: 6/24/2009

Class Bedrooms Total Listed Num Sold Pct Sold Avg List Price Sold Avg Sale Price Sold Sale Price/List Price Ratio Avg DOM Sold Avg List Price Unsold Pct Expired
All All 732 262 35.79% $710,336 $642,677 90.48% 136 $863,573 28.69%
RE All 398 163 40.95% $860,775 $776,902 90.26% 121 $1,181,269 24.87%
RE 1 bedroom 2 0 0.00% $0 $0 0.00% 0 $484,000 0
RE 2 bedroom 15 7 46.67% $388,557 $356,142 91.66% 86 $433,846 26.67%
RE 3 bedroom 133 54 40.60% $546,290 $505,250 92.49% 102 $747,002 21.05%
RE 4 bedroom 155 65 41.94% $863,570 $783,685 90.75% 126 $985,190 23.87%
RE 5+ bedroom 93 37 39.78% $1,404,181 $1,241,054 88.38% 146 $2,060,838 32.26%
LD All 21 4 19.05% $611,750 $525,000 85.82% 115 $900,425 28.57%
CI All 14 2 14.29% $662,500 $612,500 92.45% 290 $1,199,700 21.43%
MF All 33 4 12.12% $712,225 $603,250 84.70% 170 $696,832 33.33%
CN All 266 89 33.46% $440,234 $404,588 91.90% 161 $459,508 34.21%
CN 1 bedroom 88 34 38.64% $268,829 $243,164 90.45% 167 $251,701 36.36%
CN 2 bedroom 103 36 34.95% $449,400 $416,284 92.63% 151 $422,922 37.86%
CN 3 bedroom 64 17 26.56% $709,899 $661,882 93.24% 153 $726,732 21.88%
CN 4 bedroom 11 2 18.18% $897,000 $751,250 83.75% 319 $849,740 54.55%
CN 5+ bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN All 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN 1 bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN 2 bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN 3 bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN 4 bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RN 5+ bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%

 

Posted by Fred Nahas on June 24th, 2009 7:01 PMPost a Comment (0)

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Ventnor NJ Real Estate Market Update YTY Comparison as of 06.03.2009
June 3rd, 2009 11:12 PM

RE = Residential

LD = Land

CI = Commercial

MF = Multi-Family

CN = Condominium

DOM = Days on Market

 

Market Statistics All MLS
Statistics for: Class=RE, LD, CI, MF, CN, RN AND Date Range=06/01/2008-06/30/2009 AND Area=Ventnor NJ AND Board=-1; As Of: 6/3/2009
 
Class Bedrooms Current Active Avg List Price Avg DOM
All All 213 $818,402 153
RE All 213 $818,402 153
RE 1 bedroom 1 $227,700 57
RE 2 bedroom 15 $304,410 160
RE 3 bedroom 90 $413,651 145
RE 4 bedroom 39 $882,989 178
RE 5+ bedroom 68 $1,439,126 149
Class Bedrooms Total Listed Num Sold Pct Sold Avg List Price Sold Avg Sale Price Sold Sale Price/List Price Ratio Avg DOM Sold Avg List Price Unsold Pct Expired
All All 368 80 21.74% $573,332 $502,132 87.58% 129 $835,749 42.12%
RE All 368 80 21.74% $573,332 $502,132 87.58% 129 $835,749 42.12%
RE 1 bedroom 2 0 0.00% $0 $0 0.00% 0 $531,425 50.00%
RE 2 bedroom 27 7 25.93% $262,871 $244,928 93.17% 75 $324,260 40.74%
RE 3 bedroom 154 37 24.03% $367,424 $334,197 90.96% 128 $422,184 40.91%
RE 4 bedroom 75 18 24.00% $443,122 $399,377 90.13% 165 $857,623 44.00%
RE 5+ bedroom 110 18 16.36% $1,247,533 $1,050,111 84.17% 114 $1,439,524 42.73%

Market Statistics All MLS
Statistics for: Class=RE, LD, CI, MF, CN, RN AND Date Range=06/01/2008-06/30/2008 AND Area=Ventnor NJ AND Board=-1; As Of: 6/3/2009
 
Class Bedrooms Current Active Avg List Price Avg DOM
All All 213 $818,402 153
RE All 213 $818,402 153
RE 1 bedroom 1 $227,700 57
RE 2 bedroom 15 $304,410 160
RE 3 bedroom 90 $413,651 145
RE 4 bedroom 39 $882,989 178
RE 5+ bedroom 68 $1,439,126 149
Class Bedrooms Total Listed Num Sold Pct Sold Avg List Price Sold Avg Sale Price Sold Sale Price/List Price Ratio Avg DOM Sold Avg List Price Unsold Pct Expired
All All 23 10 43.48% $556,960 $487,800 87.58% 102 $649,952 52.17%
RE All 23 10 43.48% $556,960 $487,800 87.58% 102 $649,952 52.17%
RE 1 bedroom 0 0 0.00% $0 $0 0.00% 0 $299,000 0.00%
RE 2 bedroom 0 3 0.00% $282,933 $263,166 93.01% 41 $0 0.00%
RE 3 bedroom 9 5 55.56% $439,380 $386,700 88.01% 159 $369,416 66.67%
RE 4 bedroom 6 1 16.67% $524,900 $430,000 81.92% 0 $890,800 33.33%
RE 5+ bedroom 8 1 12.50% $1,999,000 $1,725,000 86.29% 96 $1,152,580 37.50%

If there is a specific area you would like to see market statistics for, give me a call, 609.241.4414 or email me @ FredNahas@kw.com!

$8,000.00 Tax Credit for 1st time Home Buyers! Click HERE for information!

With interest rates at all time lows, it's a great time to start thinking about buying!

Posted by Fred Nahas on June 3rd, 2009 11:12 PMPost a Comment (0)

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