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Ventnor NJ Real Estate Market Update Year to Year Comparison as of 09.10.2009
September 10th, 2009 8:03 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: Ventnor NJ Class=RE, LD, CI, MF, CN, RN AND Date Range=09/01/2008-09/30/2009 AND Board=-1; As Of: 9/10/2009
 
Class Bedrooms Current Active Avg List Price Avg DOM
All All 9,260 $469,659 210
RE All 4,814 $476,023 177
RE 1 bedroom 50 $170,256 155
RE 2 bedroom 674 $206,653 170
RE 3 bedroom 2,175 $303,771 168
RE 4 bedroom 1,328 $540,575 179
RE 5+ bedroom 587 $1,303,562 212
LD All 1,114 $398,082 353
CI All 576 $795,246 255
MF All 495 $503,039 227
CN All 2,261 $401,123 194
CN 1 bedroom 699 $199,333 196
CN 2 bedroom 745 $290,839 181
CN 3 bedroom 516 $474,562 175
CN 4 bedroom 227 $856,167 235
CN 5+ bedroom 74 $1,509,548 328
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 15,673 4,454 28.42% $321,063 $294,395 91.69% 124 $471,877 48.43%
RE All 9,165 2,989 32.61% $306,909 $282,838 92.16% 119 $446,414 45.70%
RE 1 bedroom 93 21 22.58% $128,161 $109,535 85.47% 113 $181,685 65.59%
RE 2 bedroom 1,337 476 35.60% $156,358 $144,950 92.70% 109 $198,955 44.88%
RE 3 bedroom 4,351 1,518 34.89% $235,142 $219,440 93.32% 112 $294,665 45.21%
RE 4 bedroom 2,452 771 31.44% $368,342 $343,797 93.34% 135 $518,510 47.31%
RE 5+ bedroom 932 203 21.78% $981,758 $866,653 88.28% 141 $1,264,122 42.92%
LD All 1,089 148 13.59% $182,943 $145,683 79.63% 186 $419,376 76.49%
CI All 721 67 9.29% $425,916 $352,888 82.85% 200 $984,328 69.49%
MF All 776 148 19.07% $310,512 $277,114 89.24% 127 $552,169 60.05%
CN All 3,922 1,102 28.10% $373,046 $344,478 92.34% 125 $422,603 40.85%
CN 1 bedroom 1,039 218 20.98% $206,886 $185,215 89.53% 126 $206,570 41.48%
CN 2 bedroom 1,349 376 27.87% $230,091 $213,237 92.68% 120 $277,763 40.77%
CN 3 bedroom 1,019 348 34.15% $430,409 $405,012 94.10% 114 $469,742 39.94%
CN 4 bedroom 409 128 31.30% $691,004 $639,782 92.59% 147 $917,196 40.34%
CN 5+ bedroom 106 32 30.19% $1,289,090 $1,132,015 87.82% 226 $1,345,360 46.23%

 

Market Statistics All MLS
Statistics for: Ventnor NJ Class=RE, LD, CI, MF, CN, RN AND Date Range=09/01/2007-09/30/2008 AND Board=-1; As Of: 9/10/2009
 
Class Bedrooms Current Active Avg List Price Avg DOM
All All 9,260 $469,659 210
RE All 4,814 $476,023 177
RE 1 bedroom 50 $170,256 155
RE 2 bedroom 674 $206,653 170
RE 3 bedroom 2,175 $303,771 168
RE 4 bedroom 1,328 $540,575 179
RE 5+ bedroom 587 $1,303,562 212
LD All 1,114 $398,082 353
CI All 576 $795,246 255
MF All 495 $503,039 227
CN All 2,261 $401,123 194
CN 1 bedroom 699 $199,333 196
CN 2 bedroom 745 $290,839 181
CN 3 bedroom 516 $474,562 175
CN 4 bedroom 227 $856,167 235
CN 5+ bedroom 74 $1,509,548 328
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 19,288 5,721 29.66% $365,344 $339,953 93.05% 116 $492,859 44.90%
RE All 11,355 3,660 32.23% $354,317 $333,281 94.06% 109 $473,978 41.48%
RE 1 bedroom 98 25 25.51% $166,203 $148,010 89.05% 119 $215,426 55.10%
RE 2 bedroom 1,529 569 37.21% $190,529 $177,090 92.95% 104 $220,918 40.55%
RE 3 bedroom 5,386 1,862 34.57% $261,204 $255,849 97.95% 103 $317,823 40.90%
RE 4 bedroom 3,179 919 28.91% $445,320 $415,220 93.24% 116 $541,722 41.27%
RE 5+ bedroom 1,163 285 24.51% $1,012,712 $903,044 89.17% 135 $1,192,956 44.80%
LD All 1,543 216 14.00% $183,885 $149,824 81.48% 143 $439,326 59.24%
CI All 808 111 13.74% $587,818 $510,820 86.90% 171 $905,918 63.12%
MF All 948 179 18.88% $366,442 $331,693 90.52% 135 $585,935 55.06%
CN All 4,634 1,555 33.56% $400,496 $370,821 92.59% 125 $447,097 43.25%
CN 1 bedroom 1,112 346 31.12% $221,623 $202,595 91.41% 130 $216,909 51.98%
CN 2 bedroom 1,563 554 35.44% $250,571 $234,103 93.43% 114 $290,530 41.27%
CN 3 bedroom 1,265 432 34.15% $483,445 $452,976 93.70% 118 $496,550 39.05%
CN 4 bedroom 555 191 34.41% $830,789 $761,976 91.72% 157 $938,345 40.18%
CN 5+ bedroom 139 32 23.02% $1,242,025 $1,112,889 89.60% 165 $1,464,160 46.04%

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Posted by Fred Nahas on September 10th, 2009 8:03 PMPost a Comment (0)

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