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Atlantic County YTD Real Estate Market Statistics as of 04.01.2008

April 1st, 2008 8:14 AM

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 AND Date Range=3/2007-3/2008; As Of: 4/1/2008

Class	Bedrooms	Current Active	Avg List Price	Avg DOM
All	All	9,306	$521,304	159
RE	All	4,913	$502,666	138
RE	1 bedroom	45	$231,808	147
RE	2 bedroom	651	$231,020	140
RE	3 bedroom	2,238	$329,413	132
RE	4 bedroom	1,384	$564,101	140
RE	5 bedroom	595	$1,329,125	157
LD	All	1,078	$414,593	262
CI	All	530	$940,700	197
MF	All	489	$612,857	165
CN	All	2,296	$494,979	144
CN	1 bedroom	571	$225,749	151
CN	2 bedroom	697	$299,951	127
CN	3 bedroom	617	$524,885	133
CN	4 bedroom	310	$992,685	166
CN	5 bedroom	101	$1,652,642	227

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	20,737	6,467	31.19%	$368,637	$345,228	93.65%	109	$504,571	41.18%
RE	All	12,046	4,134	34.32%	$362,598	$341,523	94.19%	101	$487,927	36.88%
RE	1 bedroom	103	33	32.04%	$171,927	$156,558	91.06%	113	$218,766	51.46%
RE	2 bedroom	1,639	642	39.17%	$188,112	$177,468	94.34%	89	$229,560	34.84%
RE	3 bedroom	5,731	2,115	36.90%	$269,844	$263,255	97.56%	95	$332,199	35.65%
RE	4 bedroom	3,326	1,054	31.69%	$464,041	$433,248	93.36%	115	$558,996	39.36%
RE	5 bedroom	1,247	290	23.26%	$1,078,336	$963,200	89.32%	127	$1,206,706	37.37%
LD	All	1,557	273	17.53%	$223,519	$227,271	101.68%	125	$428,868	58.19%
CI	All	875	114	13.03%	$590,643	$492,900	83.45%	165	$990,502	54.74%
MF	All	1,060	210	19.81%	$399,996	$359,626	89.91%	124	$583,292	53.68%
CN	All	5,199	1,736	33.39%	$387,468	$361,162	93.21%	120	$457,453	41.22%
CN	1 bedroom	1,313	361	27.49%	$221,059	$202,977	91.82%	131	$229,282	48.44%
CN	2 bedroom	1,782	691	38.78%	$251,160	$236,810	94.29%	99	$294,084	36.70%
CN	3 bedroom	1,346	456	33.88%	$478,649	$449,118	93.83%	121	$514,261	39.82%
CN	4 bedroom	607	196	32.29%	$817,480	$757,056	92.61%	154	$948,361	41.02%
CN	5 bedroom	151	32	21.19%	$1,274,993	$1,152,684	90.41%	190	$1,437,219	45.03%

Market Statistics All MLS

Statistics for: Class=RE,LD,CI,MF,CN AND Date Range=3/2006-3/2007; As Of: 4/1/2008

Class	Bedrooms	Current Active	Avg List Price	Avg DOM
All	All	9,306	$521,304	159
RE	All	4,913	$502,666	138
RE	1 bedroom	45	$231,808	147
RE	2 bedroom	651	$231,020	140
RE	3 bedroom	2,238	$329,413	132
RE	4 bedroom	1,384	$564,101	140
RE	5 bedroom	595	$1,329,125	157
LD	All	1,078	$414,593	262
CI	All	530	$940,700	197
MF	All	489	$612,857	165
CN	All	2,296	$494,979	144
CN	1 bedroom	571	$225,749	151
CN	2 bedroom	697	$299,951	127
CN	3 bedroom	617	$524,885	133
CN	4 bedroom	310	$992,685	166
CN	5 bedroom	101	$1,652,642	227

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	21,926	7,672	34.99%	$337,996	$322,101	95.30%	95	$553,442	35.85%
RE	All	12,519	4,875	38.94%	$330,671	$320,623	96.96%	87	$547,340	30.87%
RE	1 bedroom	121	56	46.28%	$128,566	$111,653	86.85%	99	$275,689	41.32%
RE	2 bedroom	1,706	783	45.90%	$184,728	$232,239	125.72%	75	$285,103	27.96%
RE	3 bedroom	5,884	2,516	42.76%	$268,782	$256,450	95.41%	80	$375,156	28.89%
RE	4 bedroom	3,577	1,226	34.27%	$426,192	$402,585	94.46%	98	$600,640	32.07%
RE	5 bedroom	1,231	294	23.88%	$889,152	$803,209	90.33%	134	$1,255,233	39.81%
LD	All	1,630	317	19.45%	$188,825	$166,287	88.06%	149	$380,228	59.88%
CI	All	837	187	22.34%	$520,234	$451,524	86.79%	164	$783,903	64.28%
MF	All	1,140	327	28.68%	$386,667	$354,512	91.68%	97	$688,111	40.79%
CN	All	5,800	1,966	33.90%	$354,785	$333,189	93.91%	99	$548,599	34.79%
CN	1 bedroom	1,296	436	33.64%	$201,232	$190,114	94.47%	94	$244,198	39.58%
CN	2 bedroom	2,007	834	41.55%	$235,777	$225,370	95.59%	77	$337,097	28.75%
CN	3 bedroom	1,556	477	30.66%	$463,029	$435,878	94.14%	120	$572,081	37.28%
CN	4 bedroom	753	179	23.77%	$814,585	$755,395	92.73%	144	$997,865	38.91%
CN	5 bedroom	188	40	21.28%	$1,161,427	$1,026,822	88.41%	174	$1,639,136	29.26%

Posted by Fred Nahas on April 1st, 2008 8:14 AMPost a Comment (0)

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Ventnor City Real Estate Market Statistics YTY Comparison as of 04.22.08

April 22nd, 2008 7:29 AM

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 AND Date Range=4/2007-4/2008 AND Area=Ventnor City; As Of: 4/22/2008

Class Bedrooms Current Active Avg List Price Avg DOM

All All 467 $666,302 157

RE All 222 $885,739 142

RE 1 bedroom 2 $263,350 172

RE 2 bedroom 12 $376,133 145

RE 3 bedroom 89 $470,576 153

RE 4 bedroom 40 $804,124 134

RE 5 bedroom 79 $1,487,944 133

LD All 28 $789,271 200

CI All 17 $789,211 195

MF All 77 $525,161 185

CN All 123 $313,620 149

CN 1 bedroom 44 $263,240 141

CN 2 bedroom 54 $269,264 152

CN 3 bedroom 21 $490,357 135

CN 4 bedroom 4 $538,725 283

CN 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 887 234 26.38% $566,289 $504,270 89.05% 120 $616,052 36.64%

RE All 435 124 28.51% $764,718 $680,541 88.99% 104 $853,059 31.03%

RE 1 bedroom 6 1 16.67% $325,900 $325,900 100.00% 129 $468,475 33.33%

RE 2 bedroom 26 8 30.77% $281,550 $250,312 88.91% 76 $341,747 34.62%

RE 3 bedroom 172 52 30.23% $373,790 $350,623 93.80% 97 $419,689 30.23%

RE 4 bedroom 90 34 37.78% $790,035 $703,544 89.05% 116 $855,850 33.33%

RE 5 bedroom 141 29 20.57% $1,584,431 $1,376,065 86.85% 109 $1,436,083 29.79%

LD All 36 3 8.33% $997,966 $718,333 71.98% 240 $607,668 30.56%

CI All 22 7 31.82% $251,228 $238,785 95.05% 216 $489,400 36.36%

MF All 144 21 14.58% $429,657 $375,738 87.45% 115 $533,354 47.92%

CN All 250 79 31.60% $302,675 $277,154 91.57% 132 $286,827 40.80%

CN 1 bedroom 101 37 36.63% $259,202 $235,972 91.04% 119 $239,661 34.65%

CN 2 bedroom 107 35 32.71% $323,257 $289,547 89.57% 141 $279,901 47.66%

CN 3 bedroom 35 6 17.14% $426,316 $441,666 103.60% 128 $429,516 40.00%

CN 4 bedroom 7 1 14.29% $449,000 $380,000 84.63% 320 $360,975 28.57%

CN 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 AND Date Range=4/2006-4/2007 AND Area=Ventnor City; As Of: 4/22/2008

Class Bedrooms Current Active Avg List Price Avg DOM

All All 467 $666,302 157

RE All 222 $885,739 142

RE 1 bedroom 2 $263,350 172

RE 2 bedroom 12 $376,133 145

RE 3 bedroom 89 $470,576 153

RE 4 bedroom 40 $804,124 134

RE 5 bedroom 79 $1,487,944 133

LD All 28 $789,271 200

CI All 17 $789,211 195

MF All 77 $525,161 185

CN All 123 $313,620 149

CN 1 bedroom 44 $263,240 141

CN 2 bedroom 54 $269,264 152

CN 3 bedroom 21 $490,357 135

CN 4 bedroom 4 $538,725 283

CN 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 908 246 27.09% $514,248 $471,452 91.68% 114 $644,089 31.39%

RE All 440 121 27.50% $687,461 $619,634 90.13% 121 $848,393 28.64%

RE 1 bedroom 2 1 50.00% $994,999 $830,000 83.42% 92 $250,000 0

RE 2 bedroom 29 9 31.03% $251,911 $229,438 91.08% 187 $344,235 20.69%

RE 3 bedroom 193 63 32.64% $413,431 $385,323 93.20% 87 $495,238 30.57%

RE 4 bedroom 108 19 17.59% $797,257 $702,315 88.09% 106 $899,949 24.07%

RE 5 bedroom 108 29 26.85% $1,335,396 $1,188,324 88.99% 186 $1,548,928 32.41%

LD All 24 1 4.17% $179,900 $150,000 83.38% 128 $905,217 37.50%

CI All 17 4 23.53% $292,425 $266,875 91.26% 95 $548,675 105.88%

MF All 152 28 18.42% $502,439 $463,053 92.16% 115 $522,155 29.61%

CN All 275 92 33.45% $303,308 $291,505 96.11% 104 $333,100 31.64%

CN 1 bedroom 101 34 33.66% $225,332 $210,916 93.60% 99 $284,508 31.68%

CN 2 bedroom 126 43 34.13% $326,823 $309,554 94.72% 114 $316,579 30.16%

CN 3 bedroom 41 13 31.71% $431,130 $445,115 103.24% 81 $401,544 31.71%

CN 4 bedroom 7 2 28.57% $292,500 $275,000 94.02% 140 $508,242 57.14%

CN 5 bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%

Posted by Fred Nahas on April 22nd, 2008 7:29 AMPost a Comment (0)

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Blog Update 4.15.2008

April 15th, 2008 7:31 AM

If you are looking to purchase a home, now is the time start seriously considering what's out there. Short sales and foreclosures, asking prices that have dropped immensely, the steady increase of current homes available for sale, and decent interest rates all contribute to this rare opportunity.

If you or someone you know is considering purchasing a home or investment property, please get me their contact information or have them call me. I will always look out for their best interests and never take for granted the referral you've sent. My clients are NEVER in the dark!

Think of me as your "Guardian Agent"!

If you are considering selling your home, it is now more important than ever to hire an agent that knows the market and utilizes all of the technology and effective marketing available to get your home sold. Buyers have so many options that as a seller, it is crucial to make your property "standout."

I am the man for that job!

A recent NAR statistic showed that 84% of people looking to purchase or sell homes do so on the internet. In the last 90 days, I have driven over 3,500 people to my website, and that number increases every day!

Whether you are buying or selling, it would be my honor to earn your business. Call me at 609.241.4414 or email me, FredNahas@kw.com and we can get started!

Get Your Local Market Conditions

Posted by Fred Nahas on April 15th, 2008 7:31 AMPost a Comment (0)

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Just Listed! 2814 Denny Street Atlantic City, NJ 08401

April 9th, 2008 2:06 PM

$184,900.00
2814 Denny Street

Atlantic City, NJ 08401

Beds: 3.0	Rooms: 3
Baths: 1.00	Sq. Ft.: 0
Garage: 0	Built: 0

This is a new listing that
I thought you might be
interested in. Visit this
listing online to see more
photos of the property,
Google Earth satellite
images, and much more.

If you have any questions
about this property or
require more information,
please feel free to call.

Fred Nahas
Keller Williams Realty Atlantic Shore
609-241-4414
www.frednahas.com

Visit this listing at Here

Posted by Fred Nahas on April 9th, 2008 2:06 PMPost a Comment (0)

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