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OPEN HOUSE THIS SUNDAY!
July 15th, 2009 4:08 PM

 

 OPEN HOUSE

 

 

122 N Princeton Avenue

Sunday July 19, 2009

12 PM - 2 PM

 

Posted by Fred Nahas on July 15th, 2009 4:08 PMPost a Comment (0)

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Ventnor NJ Real Estate Market Update Year to Year Comparison as of 07.26.2009
July 26th, 2009 7:54 PM

RE = Residential

LD = Land

CI = Commercial

MF = Multi-Family

CN = Condominium

DOM = Days on Market

*** Take a look at the 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=07/01/2008-07/31/2009 AND Area=Ventnor NJ AND Board=-1; As Of: 7/26/2009
 
Class Bedrooms Current Active Avg List Price Avg DOM
All All 469 $603,655 186
RE All 220 $799,239 163
RE 1 bedroom 1 $227,700 110
RE 2 bedroom 10 $317,840 217
RE 3 bedroom 99 $409,697 155
RE 4 bedroom 39 $857,199 195
RE 5+ bedroom 71 $1,386,418 150
LD All 22 $730,513 253
CI All 18 $704,333 268
MF All 74 $510,317 234
CN All 135 $301,992 174
CN 1 bedroom 55 $258,558 161
CN 2 bedroom 56 $292,739 198
CN 3 bedroom 23 $431,560 146
CN 4 bedroom 1 $229,000 216
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 800 152 19.00% $445,382 $391,819 87.97% 143 $645,328 41.00%
RE All 400 83 20.75% $554,092 $486,145 87.74% 147 $846,797 40.75%
RE 1 bedroom 2 0 0.00% $0 $0 0.00% 0 $608,900 0
RE 2 bedroom 29 7 24.14% $227,314 $211,714 93.14% 102 $310,545 48.28%
RE 3 bedroom 171 37 21.64% $364,586 $329,575 90.40% 145 $411,101 36.84%
RE 4 bedroom 76 21 27.63% $469,200 $426,038 90.80% 198 $838,322 46.05%
RE 5+ bedroom 122 18 14.75% $1,169,755 $984,833 84.19% 109 $1,451,033 41.80%
LD All 31 5 16.13% $179,180 $165,500 92.37% 209 $844,656 51.61%
CI All 25 2 8.00% $887,500 $725,000 81.69% 70 $683,020 56.00%
MF All 109 18 16.51% $406,955 $363,805 89.40% 174 $507,875 43.12%
CN All 235 44 18.72% $266,190 $235,919 88.63% 119 $296,248 37.45%
CN 1 bedroom 91 18 19.78% $237,722 $212,780 89.51% 117 $228,795 31.87%
CN 2 bedroom 95 19 20.00% $248,178 $210,573 84.85% 139 $256,264 38.95%
CN 3 bedroom 44 6 13.64% $424,000 $394,081 92.94% 73 $432,355 43.18%
CN 4 bedroom 5 1 20.00% $174,000 $185,000 106.32% 52 $521,116 60.00%
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=07/01/2007-07/31/2008 AND Area=Ventnor NJ AND Board=-1; As Of: 7/26/2009
 
Class Bedrooms Current Active Avg List Price Avg DOM
All All 469 $603,655 186
RE All 220 $799,239 163
RE 1 bedroom 1 $227,700 110
RE 2 bedroom 10 $317,840 217
RE 3 bedroom 99 $409,697 155
RE 4 bedroom 39 $857,199 195
RE 5+ bedroom 71 $1,386,418 150
LD All 22 $730,513 253
CI All 18 $704,333 268
MF All 74 $510,317 234
CN All 135 $301,992 174
CN 1 bedroom 55 $258,558 161
CN 2 bedroom 56 $292,739 198
CN 3 bedroom 23 $431,560 146
CN 4 bedroom 1 $229,000 216
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 886 222 25.06% $536,272 $477,802 89.10% 123 $612,411 41.65%
RE All 434 118 27.19% $703,310 $627,716 89.25% 111 $834,871 35.25%
RE 1 bedroom 7 1 14.29% $325,900 $325,900 100.00% 129 $434,580 42.86%
RE 2 bedroom 28 12 42.86% $289,825 $261,250 90.14% 61 $426,150 32.14%
RE 3 bedroom 173 54 31.21% $362,592 $334,968 92.38% 118 $421,126 35.26%
RE 4 bedroom 87 26 29.89% $852,607 $756,211 88.69% 128 $820,974 35.63%
RE 5+ bedroom 139 25 17.99% $1,497,560 $1,314,391 87.77% 103 $1,414,228 35.25%
LD All 50 2 4.00% $1,199,450 $862,500 71.91% 235 $710,216 28.00%
CI All 23 8 34.78% $332,200 $307,375 92.53% 206 $393,645 39.13%
MF All 145 21 14.48% $409,185 $359,095 87.76% 119 $542,324 53.79%
CN All 234 73 31.20% $307,019 $277,762 90.47% 132 $293,775 49.15%
CN 1 bedroom 90 36 40.00% $257,747 $235,361 91.31% 123 $233,262 37.78%
CN 2 bedroom 97 31 31.96% $326,632 $290,473 88.93% 136 $270,399 55.67%
CN 3 bedroom 41 4 9.76% $489,975 $455,000 92.86% 167 $447,331 53.66%
CN 4 bedroom 6 2 33.33% $524,000 $489,500 93.42% 167 $391,633 83.33%
CN 5+ bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%

$8,000 Tax Credit for First Time Home Buyers click here

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Posted by Fred Nahas on July 26th, 2009 7:54 PMPost a Comment (0)

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Margate NJ Real Estate Market Update Year to Year Comparison as of 07.20.2009
July 20th, 2009 9:30 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=07/01/2008-07/31/2009 AND Area=Margate NJ AND Board=-1; As Of: 7/20/2009
 
Class Bedrooms Current Active Avg List Price Avg DOM
All All 421 $840,868 177
RE All 201 $1,205,474 150
RE 1 bedroom 2 $469,000 153
RE 2 bedroom 11 $653,336 185
RE 3 bedroom 67 $709,681 155
RE 4 bedroom 69 $1,191,762 147
RE 5+ bedroom 52 $2,007,603 139
LD All 19 $785,452 212
CI All 11 $812,536 278
MF All 15 $549,380 184
CN All 175 $454,875 198
CN 1 bedroom 54 $241,825 165
CN 2 bedroom 61 $417,864 218
CN 3 bedroom 42 $674,973 201
CN 4 bedroom 18 $705,888 224
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 734 199 27.11% $643,404 $577,811 89.81% 125 $836,520 27.79%
RE All 373 127 34.05% $749,640 $672,200 89.67% 108 $1,149,415 21.45%
RE 1 bedroom 2 0 0.00% $0 $0 0.00% 0 $299,900 50.00%
RE 2 bedroom 20 5 25.00% $340,680 $316,980 93.04% 73 $406,100 15.00%
RE 3 bedroom 137 55 40.15% $525,067 $487,042 92.76% 82 $711,984 16.79%
RE 4 bedroom 124 46 37.10% $855,052 $761,515 89.06% 132 $1,103,503 25.81%
RE 5+ bedroom 90 21 23.33% $1,204,276 $1,046,075 86.86% 134 $1,975,043 23.33%
LD All 28 3 10.71% $618,000 $565,000 91.42% 300 $769,789 21.43%
CI All 15 3 20.00% $952,666 $715,428 75.10% 243 $1,002,985 66.67%
MF All 34 6 17.65% $436,749 $399,816 91.54% 117 $636,694 52.94%
CN All 284 60 21.13% $425,012 $389,579 91.66% 145 $490,537 31.69%
CN 1 bedroom 102 27 26.47% $255,707 $231,074 90.37% 119 $247,958 33.33%
CN 2 bedroom 94 21 22.34% $471,525 $429,107 91.00% 182 $424,814 32.98%
CN 3 bedroom 62 8 12.90% $715,112 $673,312 94.15% 131 $767,956 37.10%
CN 4 bedroom 26 4 15.38% $743,425 $684,500 92.07% 164 $841,576 7.69%
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=07/01/2007-07/31/2008 AND Area=Margate NJ AND Board=-1; As Of: 7/20/2009
 
Class Bedrooms Current Active Avg List Price Avg DOM
All All 421 $840,868 177
RE All 201 $1,205,474 150
RE 1 bedroom 2 $469,000 153
RE 2 bedroom 11 $653,336 185
RE 3 bedroom 67 $709,681 155
RE 4 bedroom 69 $1,191,762 147
RE 5+ bedroom 52 $2,007,603 139
LD All 19 $785,452 212
CI All 11 $812,536 278
MF All 15 $549,380 184
CN All 175 $454,875 198
CN 1 bedroom 54 $241,825 165
CN 2 bedroom 61 $417,864 218
CN 3 bedroom 42 $674,973 201
CN 4 bedroom 18 $705,888 224
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 733 260 35.47% $704,673 $638,074 90.55% 133 $866,386 27.69%
RE All 403 166 41.19% $850,346 $768,660 90.39% 118 $1,188,617 22.83%
RE 1 bedroom 1 0 0.00% $0 $0 0.00% 0 $484,000 0
RE 2 bedroom 18 5 27.78% $392,380 $356,600 90.88% 85 $429,928 27.78%
RE 3 bedroom 129 54 41.86% $572,064 $528,120 92.32% 108 $747,941 18.60%
RE 4 bedroom 153 70 45.75% $818,849 $746,172 91.12% 111 $955,404 22.22%
RE 5+ bedroom 102 37 36.27% $1,377,964 $1,217,945 88.39% 148 $2,150,820 28.43%
LD All 24 4 16.67% $611,750 $525,000 85.82% 115 $837,120 20.83%
CI All 15 2 13.33% $662,500 $612,500 92.45% 290 $1,010,866 33.33%
MF All 33 4 12.12% $712,225 $603,250 84.70% 170 $679,809 39.39%
CN All 258 84 32.56% $421,864 $387,664 91.89% 158 $461,801 34.11%
CN 1 bedroom 90 35 38.89% $271,391 $247,602 91.23% 151 $242,723 37.78%
CN 2 bedroom 96 33 34.38% $442,558 $409,765 92.59% 153 $411,076 32.29%
CN 3 bedroom 64 14 21.88% $681,392 $633,785 93.01% 162 $725,890 26.56%
CN 4 bedroom 8 2 25.00% $897,000 $751,250 83.75% 319 $849,740 75.00%
CN 5+ bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%

 

$8,000 Tax Credit for First Time Home Buyers click HERE

 

Posted by Fred Nahas on July 20th, 2009 9:30 PMPost a Comment (0)

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Local Market Conditions
July 10th, 2009 7:27 PM

Posted by Fred Nahas on July 10th, 2009 7:27 PMPost a Comment (0)

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