This Month in Real Estate is a monthly video news series, provided by Keller Williams, that offers an inside look at the national real estate market. Each edition provides a snapshot of the numbers and trends that drive the real estate market, as well as expert opinion and analysis. For information on your local real estate conditions, in your neighborhood, please contact Karl Hess or go to www.homevaluesinoceancountynj.com.
Ocean County Housing Statistics Summaries Report for Entire MLS from 11/1/2011 - 11/30/2011
As of today, there are 3932 single family homes for sale in Ocean County. The median list price for those homes is $315,000. The average days on market is 164 days.
There were 643 new listings for homes in Ocean County for the month of November with a median asking price of $299,900. 229 homes sold in Ocean County in November with a median sold price of $274,000 which results in a sales price vs listing price ratio of 93%. The average days on market for sold homes is 144, 396 listings expired or withdrawn in November 2011.
In comparison to November 2010: There were 694 new home listing with a median asking price of 299,900. 254 homes were sold and the median sold price was $280,000. The average days on market for sold homes in November 2010 was 118 for sold homes. 535 listings expired or were withdrawn in November 2010.
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