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Margate NJ Real Estate Market Update YTY Comparison as of 03.18.2007

March 18th, 2009 9:20 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, RN AND Date Range= 02/01/2008-2/28/2009 AND Area= Margate NJ AND Board=-1; As Of: 3/18/2009

Class	Bedrooms	Current Active	Avg List Price	Avg DOM
All	All	389	$829,270	167
RE	All	161	$1,231,516	165
RE	1 bedroom	1	$699,000	140
RE	2 bedroom	9	$725,866	125
RE	3 bedroom	53	$738,869	165
RE	4 bedroom	61	$1,200,529	154
RE	5 bedroom	37	$2,125,675	192
LD	All	18	$859,433	165
CI	All	13	$1,113,884	220
MF	All	20	$610,425	205
CN	All	177	$464,142	161
CN	1 bedroom	59	$256,237	149
CN	2 bedroom	63	$412,771	181
CN	3 bedroom	38	$739,597	153
CN	4 bedroom	17	$760,347	147
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	778	236	30.33%	$694,426	$623,806	89.83%	148	$912,105	25.45%
RE	All	389	146	37.53%	$840,154	$753,885	89.73%	128	$1,262,254	20.82%
RE	1 bedroom	1	0	0.00%	$0	$0	0.00%	0	$399,450	100.00%
RE	2 bedroom	20	5	25.00%	$355,760	$321,980	90.50%	81	$418,659	30.00%
RE	3 bedroom	141	55	39.01%	$575,199	$531,185	92.35%	115	$742,710	12.77%
RE	4 bedroom	139	52	37.41%	$913,540	$821,557	89.93%	135	$1,102,824	22.30%
RE	5 bedroom	88	34	38.64%	$1,227,755	$1,074,154	87.49%	144	$2,326,153	28.41%
LD	All	28	5	17.86%	$615,600	$539,000	87.56%	228	$801,357	21.43%
CI	All	16	5	31.25%	$836,600	$674,257	80.59%	262	$889,380	50.00%
MF	All	41	7	17.07%	$496,485	$453,842	91.41%	90	$687,258	43.90%
CN	All	304	73	24.01%	$417,610	$382,297	91.54%	179	$511,069	27.96%
CN	1 bedroom	107	30	28.04%	$261,506	$235,723	90.14%	123	$247,263	28.04%
CN	2 bedroom	96	30	31.25%	$460,224	$418,050	90.84%	197	$416,856	34.38%
CN	3 bedroom	74	12	16.22%	$679,891	$639,958	94.13%	266	$763,630	28.38%
CN	4 bedroom	27	1	3.70%	$674,900	$615,000	91.12%	316	$864,515	3.70%
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, RN AND Date Range=02/01/2007-02/29/2008 AND Area= Margate NJ AND Board=-1; As Of: 3/18/2009

Class Bedrooms Current Active Avg List Price Avg DOM

All All 389 $829,270 167

RE All 161 $1,231,516 165

RE 1 bedroom 1 $699,000 140

RE 2 bedroom 9 $725,866 125

RE 3 bedroom 53 $738,869 165

RE 4 bedroom 61 $1,200,529 154

RE 5 bedroom 37 $2,125,675 192

LD All 18 $859,433 165

CI All 13 $1,113,884 220

MF All 20 $610,425 205

CN All 177 $464,142 161

CN 1 bedroom 59 $256,237 149

CN 2 bedroom 63 $412,771 181

CN 3 bedroom 38 $739,597 153

CN 4 bedroom 17 $760,347 147

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 760 270 36.10% $722,225 $657,597 91.05% 129 $822,461 27.89%

RE All 419 168 40.10% $866,697 $786,276 90.72% 121 $1,089,773 23.63%

RE 1 bedroom 2 0 0.00% $0 $0 0.00% 0 $484,000 0

RE 2 bedroom 21 8 38.10% $409,225 $382,375 93.44% 87 $464,393 38.10%

RE 3 bedroom 141 61 43.26% $617,408 $570,206 92.35% 93 $699,054 21.28%

RE 4 bedroom 156 71 45.51% $873,291 $793,672 90.88% 139 $927,190 24.36%

RE 5 bedroom 99 28 28.28% $1,523,778 $1,353,642 88.83% 144 $2,040,552 23.23%

LD All 22 2 9.09% $523,500 $467,500 89.30% 115 $978,186 18.18%

CI All 12 0 0.00% $0 $0 0.00% 0 $933,862 33.33%

MF All 29 2 6.90% $1,150,000 $987,500 85.87% 120 $719,411 48.28%

CN All 278 98 35.25% $469,884 $434,151 92.40% 143 $457,753 32.73%

CN 1 bedroom 99 35 35.35% $259,651 $236,531 91.10% 177 $259,741 31.31%

CN 2 bedroom 109 38 34.86% $476,805 $439,427 92.16% 124 $433,659 33.94%

CN 3 bedroom 56 22 39.29% $734,017 $692,615 94.36% 107 $751,047 26.79%

CN 4 bedroom 14 3 21.43% $897,966 $777,500 86.58% 247 $813,400 57.14%

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

Posted by Fred Nahas on March 18th, 2009 9:20 AMPost a Comment (0)

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Ventnor NJ Real Estate Market Update YTY Comparison as of 03.06.2009

March 6th, 2009 11:04 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, AND Date Range=02/01/2008-02/28/2009 AND Area=Ventnor NJ AND Board=-1; As Of: 3/6/2009

Class	Bedrooms	Current Active	Avg List Price	Avg DOM
All	All	434	$629,027	188
RE	All	208	$838,416	161
RE	1 bedroom	1	$227,700	558
RE	2 bedroom	14	$308,035	163
RE	3 bedroom	81	$464,774	158
RE	4 bedroom	49	$791,702	156
RE	5 bedroom	63	$1,482,705	162
LD	All	27	$561,548	266
CI	All	15	$990,053	294
MF	All	70	$483,348	225
CN	All	114	$304,913	182
CN	1 bedroom	42	$237,533	162
CN	2 bedroom	46	$293,722	205
CN	3 bedroom	22	$443,804	164
CN	4 bedroom	4	$377,200	234
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	850	166	19.53%	$450,648	$400,618	88.90%	130	$631,445	40.12%
RE	All	428	88	20.56%	$569,573	$503,807	88.45%	114	$849,743	36.68%
RE	1 bedroom	2	1	50.00%	$325,900	$325,900	100.00%	129	$592,400	50.00%
RE	2 bedroom	29	7	24.14%	$279,185	$257,500	92.23%	53	$381,542	37.93%
RE	3 bedroom	176	46	26.14%	$350,621	$323,797	92.35%	132	$418,080	33.52%
RE	4 bedroom	90	15	16.67%	$490,326	$453,133	92.41%	89	$921,118	34.44%
RE	5 bedroom	131	19	14.50%	$1,282,042	$1,079,736	84.22%	112	$1,348,595	41.98%
LD	All	43	5	11.63%	$179,180	$165,500	92.37%	209	$807,021	34.88%
CI	All	25	6	24.00%	$512,283	$470,666	91.88%	232	$454,852	48.00%
MF	All	120	18	15.00%	$429,350	$379,861	88.47%	118	$530,205	51.67%
CN	All	234	49	20.94%	$265,044	$238,337	89.92%	143	$296,551	40.60%
CN	1 bedroom	91	27	29.67%	$253,137	$228,927	90.44%	139	$238,478	27.47%
CN	2 bedroom	92	16	17.39%	$227,593	$197,781	86.90%	153	$256,023	51.09%
CN	3 bedroom	44	4	9.09%	$365,750	$338,500	92.55%	126	$447,694	38.64%
CN	4 bedroom	7	2	28.57%	$524,000	$489,500	93.42%	167	$475,325	85.71%
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=02/01/2007-2/29/2008 AND Area= Ventnor NJ AND Board=-1; As Of: 3/6/2009

Class	Bedrooms	Current Active	Avg List Price	Avg DOM
All	All	434	$629,027	188
RE	All	208	$838,416	161
RE	1 bedroom	1	$227,700	558
RE	2 bedroom	14	$308,035	163
RE	3 bedroom	81	$464,774	158
RE	4 bedroom	49	$791,702	156
RE	5 bedroom	63	$1,482,705	162
LD	All	27	$561,548	266
CI	All	15	$990,053	294
MF	All	70	$483,348	225
CN	All	114	$304,913	182
CN	1 bedroom	42	$237,533	162
CN	2 bedroom	46	$293,722	205
CN	3 bedroom	22	$443,804	164
CN	4 bedroom	4	$377,200	234
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	919	234	25.46%	$574,822	$511,103	88.91%	113	$610,012	36.24%
RE	All	441	124	28.12%	$775,928	$687,545	88.61%	105	$846,502	31.07%
RE	1 bedroom	7	1	14.29%	$325,900	$325,900	100.00%	129	$353,300	28.57%
RE	2 bedroom	25	9	36.00%	$276,822	$246,944	89.21%	96	$320,505	36.00%
RE	3 bedroom	178	50	28.09%	$406,567	$379,578	93.36%	96	$450,020	32.58%
RE	4 bedroom	91	37	40.66%	$778,918	$686,500	88.13%	117	$858,237	32.97%
RE	5 bedroom	140	27	19.29%	$1,638,870	$1,419,551	86.62%	109	$1,476,535	27.14%
LD	All	35	3	8.57%	$997,966	$718,333	71.98%	240	$672,514	22.86%
CI	All	20	5	25.00%	$296,560	$269,000	90.71%	94	$499,792	50.00%
MF	All	163	21	12.88%	$429,228	$372,785	86.85%	114	$527,132	39.88%
CN	All	260	81	31.15%	$306,207	$284,123	92.79%	122	$291,636	43.46%
CN	1 bedroom	97	37	38.14%	$254,564	$233,075	91.56%	127	$240,461	41.24%
CN	2 bedroom	118	36	30.51%	$337,277	$307,504	91.17%	122	$281,530	46.61%
CN	3 bedroom	35	7	20.00%	$420,985	$435,714	103.50%	108	$454,474	42.86%
CN	4 bedroom	10	1	10.00%	$295,000	$270,000	91.53%	29	$360,975	30.00%
CN	5 bedroom	0	0	0.00%	$0	$0	0.00%	0	$0	0.00%

Posted by Fred Nahas on March 6th, 2009 11:04 PMPost a Comment (0)

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