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Ocean City Home Bank Mortgage Rates by Josie Henry as of 08.30.2008
August 30th, 2008 11:49 PM

Call me for the Best Jumbo Rates around!

Payment and APR based on current index and the following prepaid items: $225 Origination fee, $325 Appraisal fee,

$75 Tax Service fee, $10 Flood Cert. fee, $300 Settlement fee, $50 Courier fee & 29 days of interest.

Program Rate Points APR $100,000 Payment

30 Year Fixed Up to $417,000 6.375% 0 6.507% P&I: $623.87

6.125% 1 6.352% P&I: $607.62

Interest First (120/240) 6.625% 0 6.747% Int. Only: $552.09

1st Time Home Buyer 6.125% 0 6.255% P&I: $607.62

Investment Property 6.875% 0 7.011% P&I: $656.93

JUMBO $417,001 to $1,000,000 6.500% 0 6.633% P&I: $632.07

JUMBO $1,000,001to $1,250,000 6.625% 0 6.759% P&I: $640.32

15 Year Fixed 5.875% 0 6.169% P&I: $841.88

5.500% 1 5.943% P&I: $821.47

5/1 ARM 5.875% 0 6.003% P&I: $591.54

(Caps:2/5 Margin:3.00%) 5.625% 1 5.845% P&I: $575.66

Interest First (60/300) 6.125% 0 6.235% Int. Only: $558.96

JUMBO $417,001 to $1,000,000 6.000% 0 6.129% P&I: $599.56

7/1 ARM 6.000% 0 6.129% P&I: $599.56

(Caps:5/2/5 Margin:3.00%) 5.875% 1 6.098% P&I: $591.54

Interest First (84/276) 6.250% 0 6.361% Int. Only: $567.74

JUMBO $417,001 to $1,000,000 6.125% 0 6.255% P&I: $607.62

3 Year ARM 5.750% 0 6.065% P&I: $583.58

(Caps:2/6 Margin:3.00%) 5.500% 1 6.094% P&I: $567.79

Rates apply for PRIMARY, SECONDARY & DUPLEX add .50% for INVESTMENT.

Pre-Approved Condotels: Prim/Sec add .25% for Invest add .50% to Invest rate.

Minimum Down Payment: Primary 5%; Secondary Homes 10%; Investment: 20%

ABOVE RATES ARE AVAILABLE FOR BORROWERS W IT H EXCELLENT CRED IT HISTORY.

ACTUAL INTEREST RATE AND FEES WILL BE BASED ON CRED IT HISTORY.

Josie Henry

Mortgage Account Executive

(Formerly Underwriter/AVP of Mortgage Lending)

Always FREE Pre-qualification

1-800-771-7990 Ext. 1124

FAX: 609-398-6670 (24hrs.7days a week)

EMAIL: jhenry@ochome.com

ANYTIME CELL: 609-226-1040

I’ll be there for you!

OCHB Fees Only $735.00

$100.00 Application Fee

$325.00 Appraisal Fee

$225 Flat Orig. Fee

$75.00 Tax Service Fee

10.00 Flood Cert. Fee

$735.00 Total

Did You Know?......................................................Ocean City Home Bank Offers:

Construction to Permanent Financing with 1X closing. Lock-in NOW for end loan rate.

Same low rates for residential units in commercial mixed use complex.

6 month or 12 month lock-in on NEW Construction.

40 Year Mortgages.

Special Program for Low to Moderate Income homebuyers!

1031 Tax Deferred exchange on 2nd home or Reverse 1031 exchange OK!

Construction Only & Land Only Financing OK!

Second Home Duplex-Rental Income OK! – No Heat OK!

Bi-Weekly available! Same Rate and NO Fees!

Duplex, Triplex or Quad as Second Home OK!

LLC, Trust or Partnership ownership OK!

Interest Only Bridge Loans available!

COMMERCIAL LOANS including mortgage terms up to 25 years; Installment loans;

Line of Credit; Construction loans and Equipment Leasing all available!

IN HOUSE UNDERWRITING FOR QUICK APPROVAL!

We also service all of our loans!

Visit the On-Line Mortgage Center and Apply at www.ochome.com

(Just remember to click on Josie Henry as referral and I’ll be sure to quickly get back to you.)

If you wish to STOP receiving this rate sheet, please call, fax or e-mail me anytime!

The Info. provided in this circular is for the dissemination to & the use of real estate business entities only & is not an advertisement for the extension of credit to consumers.

Posted by Fred Nahas on August 30th, 2008 11:49 PMPost a Comment (0)

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Margate NJ Real Estate Market Update YTY Comparison as of 08.26.2008
August 26th, 2008 11:53 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=07/01/2007-07/31/2008 AND Area=Margate NJ AND Board=-1; As Of: 8/26/2008
 
Class Bedrooms Current Active Avg List Price Avg DOM
All All 385 $862,526 153
RE All 177 $1,192,105 152
RE 1 bedroom 1 $299,900 231
RE 2 bedroom 10 $712,580 95
RE 3 bedroom 63 $733,192 157
RE 4 bedroom 58 $1,117,593 143
RE 5 bedroom 45 $2,057,008 168
LD All 18 $1,005,050 225
CI All 12 $960,566 208
MF All 22 $687,563 179
CN All 156 $489,269 139
CN 1 bedroom 46 $245,230 137
CN 2 bedroom 58 $406,087 162
CN 3 bedroom 36 $801,185 126
CN 4 bedroom 16 $790,606 94
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 738 258 34.96% $705,682 $638,931 90.54% 132 $864,075 27.37%
RE All 404 165 40.84% $853,082 $771,015 90.38% 118 $1,178,314 22.52%
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 22.22%
RE 3 bedroom 131 54 41.22% $572,064 $528,120 92.32% 108 $755,766 18.32%
RE 4 bedroom 151 69 45.70% $824,934 $751,479 91.10% 112 $957,613 22.52%
RE 5 bedroom 103 37 35.92% $1,377,964 $1,217,945 88.39% 148 $2,150,820 28.16%
LD All 26 4 15.38% $611,750 $525,000 85.82% 115 $807,105 19.23%
CI All 16 1 6.25% $575,000 $550,000 95.65% 189 $1,037,527 31.25%
MF All 33 4 12.12% $712,225 $603,250 84.70% 170 $675,467 39.39%
CN All 259 84 32.43% $421,864 $387,664 91.89% 158 $464,654 33.98%
CN 1 bedroom 89 35 39.33% $271,391 $247,602 91.23% 151 $247,868 38.20%
CN 2 bedroom 98 33 33.67% $442,558 $409,765 92.59% 153 $415,644 31.63%
CN 3 bedroom 64 14 21.88% $681,392 $633,785 93.01% 162 $729,095 26.56%
CN 4 bedroom 8 2 25.00% $897,000 $751,250 83.75% 319 $849,740 75.00%

 

Market Statistics All MLS
Statistics for: Class=RE,LD,CI,MF,CN,RN AND Date Range=07/01/2006-07/31/2007 AND Area=Margate NJ AND Board=-1; As Of: 8/26/2008
 
Class Bedrooms Current Active Avg List Price Avg DOM
All All 385 $862,526 153
RE All 177 $1,192,105 152
RE 1 bedroom 1 $299,900 231
RE 2 bedroom 10 $712,580 95
RE 3 bedroom 63 $733,192 157
RE 4 bedroom 58 $1,117,593 143
RE 5 bedroom 45 $2,057,008 168
LD All 18 $1,005,050 225
CI All 12 $960,566 208
MF All 22 $687,563 179
CN All 156 $489,269 139
CN 1 bedroom 46 $245,230 137
CN 2 bedroom 58 $406,087 162
CN 3 bedroom 36 $801,185 126
CN 4 bedroom 16 $790,606 94
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 871 256 29.39% $722,233 $657,853 91.09% 132 $770,360 32.03%
RE All 441 147 33.33% $891,675 $807,742 90.59% 121 $987,813 32.43%
RE 1 bedroom 1 0 0.00% $0 $0 0.00% 0 $0 0.00%
RE 2 bedroom 28 12 42.86% $400,708 $375,666 93.75% 119 $473,585 53.57%
RE 3 bedroom 158 58 36.71% $666,184 $607,708 91.22% 89 $670,479 31.65%
RE 4 bedroom 171 55 32.16% $956,060 $865,181 90.49% 143 $996,466 30.99%
RE 5 bedroom 83 22 26.51% $1,592,990 $1,427,181 89.59% 150 $1,684,608 30.12%
LD All 22 4 18.18% $361,750 $302,500 83.62% 175 $933,493 27.27%
CI All 14 1 7.14% $1,995,000 $1,665,000 83.46% 60 $535,075 57.14%
MF All 37 5 13.51% $623,580 $563,900 90.43% 110 $845,675 24.32%
CN All 357 99 27.73% $477,328 $444,221 93.06% 149 $506,231 31.65%
CN 1 bedroom 111 24 21.62% $272,180 $248,312 91.23% 168 $270,072 35.14%
CN 2 bedroom 136 51 37.50% $442,113 $406,529 91.95% 136 $485,884 29.41%
CN 3 bedroom 83 21 25.30% $745,552 $710,401 95.29% 162 $765,899 37.35%
CN 4 bedroom 27 3 11.11% $839,600 $789,000 93.97% 118 $795,321 11.11%
CN 5 bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%

Posted by Fred Nahas on August 26th, 2008 11:53 AMPost a Comment (0)

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Ventnor NJ Real Estate Market Update YTY Comparison as of 08.18.2008
August 18th, 2008 8:36 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=07/01/2007-07/31/2008 AND Area=Ventnor NJ AND Board=-1; As Of: 8/18/2008
 
Class Bedrooms Current Active Avg List Price Avg DOM
All All 456 $644,908 161
RE All 219 $852,073 151
RE 1 bedroom 2 $213,350 235
RE 2 bedroom 13 $382,476 123
RE 3 bedroom 90 $458,802 152
RE 4 bedroom 44 $878,290 149
RE 5 bedroom 70 $1,446,687 153
LD All 35 $694,017 199
CI All 15 $792,133 173
MF All 77 $495,471 173
CN All 110 $301,366 160
CN 1 bedroom 38 $251,821 129
CN 2 bedroom 51 $257,694 183
CN 3 bedroom 18 $461,372 154
CN 4 bedroom 3 $711,333 195
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 890 220 24.72% $538,652 $479,782 89.07% 123 $610,116 41.35%
RE All 438 117 26.71% $707,193 $631,158 89.25% 111 $821,617 34.70%
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 174 53 30.46% $364,735 $337,043 92.41% 118 $419,550 35.06%
RE 4 bedroom 90 26 28.89% $852,607 $756,211 88.69% 128 $792,509 33.33%
RE 5 bedroom 139 25 17.99% $1,497,560 $1,314,391 87.77% 103 $1,401,273 35.25%
LD All 50 2 4.00% $1,199,450 $862,500 71.91% 235 $710,216 28.00%
CI All 24 8 33.33% $332,200 $307,375 92.53% 206 $519,175 41.67%
MF All 145 21 14.48% $409,185 $359,095 87.76% 119 $542,324 53.79%
CN All 233 72 30.90% $307,118 $277,523 90.36% 130 $294,801 48.93%
CN 1 bedroom 91 36 39.56% $257,747 $235,361 91.31% 123 $233,262 37.36%
CN 2 bedroom 96 30 31.25% $327,523 $290,322 88.64% 132 $273,900 56.25%
CN 3 bedroom 41 4 9.76% $489,975 $455,000 92.86% 167 $447,331 51.22%
CN 4 bedroom 5 2 40.00% $524,000 $489,500 93.42% 167 $391,633 100.00%
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=07/01/2006-07/31/2007 AND Area=Ventnor NJ AND Board=-1; As Of: 8/18/2008
 
Class Bedrooms Current Active Avg List Price Avg DOM
All All 456 $644,908 161
RE All 219 $852,073 151
RE 1 bedroom 2 $213,350 235
RE 2 bedroom 13 $382,476 123
RE 3 bedroom 90 $458,802 152
RE 4 bedroom 44 $878,290 149
RE 5 bedroom 70 $1,446,687 153
LD All 35 $694,017 199
CI All 15 $792,133 173
MF All 77 $495,471 173
CN All 110 $301,366 160
CN 1 bedroom 38 $251,821 129
CN 2 bedroom 51 $257,694 183
CN 3 bedroom 18 $461,372 154
CN 4 bedroom 3 $711,333 195
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 894 233 26.06% $563,290 $504,471 89.56% 112 $647,500 35.23%
RE All 425 126 29.65% $745,427 $660,331 88.58% 115 $892,125 32.47%
RE 1 bedroom 4 1 25.00% $994,999 $830,000 83.42% 92 $254,950 25.00%
RE 2 bedroom 30 11 36.67% $246,090 $224,086 91.06% 172 $307,193 20.00%
RE 3 bedroom 177 58 32.77% $402,227 $374,851 93.19% 97 $479,968 34.46%
RE 4 bedroom 102 26 25.49% $757,246 $673,615 88.96% 110 $882,407 31.37%
RE 5 bedroom 112 30 26.79% $1,573,476 $1,355,047 86.12% 135 $1,670,419 33.93%
LD All 21 3 14.29% $924,633 $668,333 72.28% 155 $756,706 47.62%
CI All 23 5 21.74% $246,940 $224,500 90.91% 96 $479,245 73.91%
MF All 153 22 14.38% $469,750 $427,000 90.90% 114 $520,209 35.29%
CN All 272 77 28.31% $298,436 $283,359 94.95% 107 $319,876 35.29%
CN 1 bedroom 101 25 24.75% $249,576 $229,516 91.96% 109 $281,665 34.65%
CN 2 bedroom 129 38 29.46% $298,436 $281,559 94.34% 115 $302,614 36.43%
CN 3 bedroom 33 12 36.36% $401,216 $402,625 100.35% 71 $438,756 36.36%
CN 4 bedroom 9 2 22.22% $292,500 $275,000 94.02% 140 $404,740 22.22%
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 August 18th, 2008 8:36 AMPost a Comment (0)

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Atlantic City NJ Real Estate Market Update YTY Comparison as of 08.18.2008
August 18th, 2008 8:32 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=07/01/2007-07/31/2008 AND Area=Atlantic City NJ AND Board=-1; As Of: 8/18/2008
 
Class Bedrooms Current Active Avg List Price Avg DOM
All All 968 $666,331 164
RE All 291 $527,394 153
RE 1 bedroom 1 $149,000 64
RE 2 bedroom 24 $275,540 180
RE 3 bedroom 178 $347,155 147
RE 4 bedroom 60 $588,674 157
RE 5 bedroom 28 $1,771,271 155
LD All 130 $1,126,783 232
CI All 75 $2,542,074 261
MF All 134 $468,933 175
CN All 338 $270,896 122
CN 1 bedroom 198 $190,044 121
CN 2 bedroom 84 $385,516 123
CN 3 bedroom 51 $357,586 118
CN 4 bedroom 5 $662,760 183
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 1,777 310 17.45% $309,206 $271,353 87.76% 112 $504,619 49.58%
RE All 582 107 18.38% $293,508 $262,878 89.56% 91 $439,308 53.09%
RE 1 bedroom 4 0 0.00% $0 $0 0.00% 0 $238,500 100.00%
RE 2 bedroom 50 11 22.00% $150,986 $139,000 92.06% 123 $237,555 46.00%
RE 3 bedroom 339 71 20.94% $212,398 $195,521 92.05% 89 $339,210 53.39%
RE 4 bedroom 119 13 10.92% $522,353 $447,376 85.65% 83 $559,373 45.38%
RE 5 bedroom 70 12 17.14% $656,141 $575,083 87.65% 83 $807,529 67.14%
LD All 169 28 16.57% $204,864 $142,896 69.75% 106 $663,808 34.91%
CI All 114 9 7.89% $909,655 $737,388 81.06% 119 $1,985,127 47.37%
MF All 253 27 10.67% $261,507 $237,111 90.67% 91 $470,020 58.10%
CN All 659 139 21.09% $312,697 $280,230 89.62% 133 $283,602 47.34%
CN 1 bedroom 375 97 25.87% $227,848 $204,623 89.81% 133 $213,750 57.60%
CN 2 bedroom 183 32 17.49% $444,625 $409,062 92.00% 130 $352,901 38.25%
CN 3 bedroom 94 9 9.57% $604,511 $515,944 85.35% 132 $410,497 26.60%
CN 4 bedroom 7 1 14.29% $1,695,000 $1,370,000 80.83% 185 $1,094,950 14.29%
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=07/01/2006-07/31/2007 AND Area=Atlantic City NJ AND Board=-1; As Of: 8/18/2008
 
Class Bedrooms Current Active Avg List Price Avg DOM
All All 968 $666,331 164
RE All 291 $527,394 153
RE 1 bedroom 1 $149,000 64
RE 2 bedroom 24 $275,540 180
RE 3 bedroom 178 $347,155 147
RE 4 bedroom 60 $588,674 157
RE 5 bedroom 28 $1,771,271 155
LD All 130 $1,126,783 232
CI All 75 $2,542,074 261
MF All 134 $468,933 175
CN All 338 $270,896 122
CN 1 bedroom 198 $190,044 121
CN 2 bedroom 84 $385,516 123
CN 3 bedroom 51 $357,586 118
CN 4 bedroom 5 $662,760 183
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 1,770 442 24.97% $347,533 $312,647 89.96% 99 $494,844 42.20%
RE All 608 154 25.33% $259,000 $238,278 92.00% 78 $457,298 40.79%
RE 1 bedroom 5 2 40.00% $169,000 $150,000 88.76% 77 $210,500 80.00%
RE 2 bedroom 59 23 38.98% $250,000 $226,317 90.53% 111 $319,959 44.07%
RE 3 bedroom 356 98 27.53% $216,522 $200,902 92.79% 68 $351,736 37.92%
RE 4 bedroom 115 19 16.52% $351,584 $327,936 93.27% 68 $663,214 43.48%
RE 5 bedroom 73 12 16.44% $491,566 $439,195 89.35% 111 $761,015 45.21%
LD All 136 29 21.32% $275,937 $221,417 80.24% 141 $514,223 52.21%
CI All 88 26 29.55% $903,069 $797,888 88.35% 139 $1,453,229 52.27%
MF All 270 51 18.89% $594,060 $520,168 87.56% 91 $495,583 51.48%
CN All 668 182 27.25% $285,409 $262,640 92.02% 107 $357,088 36.38%
CN 1 bedroom 424 124 29.25% $223,793 $206,194 92.14% 110 $245,169 33.73%
CN 2 bedroom 164 44 26.83% $365,197 $339,329 92.92% 97 $401,535 46.34%
CN 3 bedroom 74 13 17.57% $494,261 $456,692 92.40% 109 $624,862 31.08%
CN 4 bedroom 6 1 16.67% $1,700,000 $1,365,000 80.29% 167 $1,194,333 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 August 18th, 2008 8:32 AMPost a Comment (0)

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Longport NJ Real Estate Market Update YTY Comparison as of 08.08.2008
August 8th, 2008 9:36 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=07/01/2007-07/31/2008 AND Area=Longport NJ AND Board=-1; As Of: 8/8/2008
 
Class Bedrooms Current Active Avg List Price Avg DOM
All All 90 $1,948,532 159
RE All 56 $2,578,232 142
RE 1 bedroom 1 $625,000 130
RE 2 bedroom 0 $0 0
RE 3 bedroom 15 $1,198,800 182
RE 4 bedroom 17 $1,880,529 120
RE 5 bedroom 23 $4,078,478 133
LD All 11 $1,318,000 102
CI All 0 $0 0
MF All 0 $0 0
CN All 23 $716,908 226
CN 1 bedroom 9 $379,000 234
CN 2 bedroom 6 $769,500 176
CN 3 bedroom 8 $1,057,612 255
CN 4 bedroom 0 $0 0
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 144 37 25.69% $1,693,697 $1,521,189 89.81% 131 $1,654,080 20.14%
RE All 91 21 23.08% $2,424,614 $2,166,666 89.36% 131 $1,763,615 19.78%
RE 1 bedroom 1 0 0.00% $0 $0 0.00% 0 $0 0.00%
RE 2 bedroom 2 1 50.00% $2,375,000 $2,150,000 90.53% 100 $1,224,950 0
RE 3 bedroom 23 4 17.39% $819,500 $761,875 92.97% 156 $844,106 30.43%
RE 4 bedroom 28 4 14.29% $2,208,750 $2,011,250 91.06% 108 $1,482,421 21.43%
RE 5 bedroom 37 12 32.43% $3,035,741 $2,688,125 88.55% 132 $2,724,168 13.51%
LD All 13 2 15.38% $1,715,000 $1,555,000 90.67% 123 $3,349,875 15.38%
CI All 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
MF All 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
CN All 40 14 35.00% $594,278 $548,142 92.24% 134 $743,677 22.50%
CN 1 bedroom 17 7 41.18% $260,271 $240,928 92.57% 74 $349,290 23.53%
CN 2 bedroom 10 3 30.00% $799,666 $714,000 89.29% 242 $1,016,000 10.00%
CN 3 bedroom 13 3 23.08% $901,333 $853,500 94.69% 60 $1,091,111 30.77%
CN 4 bedroom 0 1 0.00% $1,395,000 $1,285,000 92.11% 452 $0 0.00%
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=07/01/2006-07/31/2007 AND Area=Longport NJ AND Board=-1; As Of: 8/8/2008
 
Class Bedrooms Current Active Avg List Price Avg DOM
All All 90 $1,948,532 159
RE All 56 $2,578,232 142
RE 1 bedroom 1 $625,000 130
RE 2 bedroom 0 $0 0
RE 3 bedroom 15 $1,198,800 182
RE 4 bedroom 17 $1,880,529 120
RE 5 bedroom 23 $4,078,478 133
LD All 11 $1,318,000 102
CI All 0 $0 0
MF All 0 $0 0
CN All 23 $716,908 226
CN 1 bedroom 9 $379,000 234
CN 2 bedroom 6 $769,500 176
CN 3 bedroom 8 $1,057,612 255
CN 4 bedroom 0 $0 0
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 136 49 36.03% $1,458,295 $1,304,255 89.44% 149 $1,238,171 25.74%
RE All 83 34 40.96% $1,632,876 $1,462,102 89.54% 160 $1,627,951 24.10%
RE 1 bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
RE 2 bedroom 5 1 20.00% $639,000 $575,000 89.98% 170 $696,400 60.00%
RE 3 bedroom 20 11 55.00% $819,990 $728,909 88.89% 165 $1,282,285 15.00%
RE 4 bedroom 21 9 42.86% $1,470,988 $1,321,111 89.81% 118 $1,470,062 28.57%
RE 5 bedroom 37 13 35.14% $2,509,230 $2,248,346 89.60% 183 $2,268,193 21.62%
LD All 9 4 44.44% $2,388,250 $2,099,750 87.92% 127 $992,666 33.33%
CI All 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
MF All 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
CN All 44 11 25.00% $580,518 $527,090 90.80% 123 $597,212 27.27%
CN 1 bedroom 22 4 18.18% $223,225 $208,250 93.29% 71 $331,884 36.36%
CN 2 bedroom 10 5 50.00% $623,580 $566,000 90.77% 122 $605,333 30.00%
CN 3 bedroom 12 2 16.67% $1,187,450 $1,067,500 89.90% 231 $1,163,966 8.33%
CN 4 bedroom 0 0 0.00% $0 $0 0.00% 0 $0 0.00%
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%

Posted by Fred Nahas on August 8th, 2008 9:36 AMPost a Comment (0)

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