Long Beach Island Real Estate Market Report - Ocean County, New Jersey
Long Beach Island, New Jersey - Ocean County

Market Commentary Provided by Kevin Bergin and Kevin Farnung

  Report Date   Fall 2009  
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Kevin Bergin and Kevin Farnung
Kevin Bergin and Kevin Farnung
RE/MAX of Long Beach Island
Ship Bottom, New Jersey
609-709-7356
soldby2kevins@agents.househunt.com
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RE/MAX of Long Beach Island
  Nearest Metro Area  
  Buyers’ or Sellers’ Market   More buyers than sellers
  Average Time on Market   More than 120 days
  Market Trend   Increasing
  Housing Inventory   Good supply - Some Prices
  Average Home Price   $800,000 - View Graph Trend
  Best Selling Price Range  
  Worst Selling Price Range  
  Compared to Last Year   Down 15-20%
  Prices As % of Asking Price   90-95%
  Multiple Offers?   No
  Greatest Activity   Repeat Buyers
  Buyer Activity for the past 90 days in Long Beach Island is  
  Seller Activity for the past 90 days in Long Beach Island is  
  Is Financing Available For Qualified Buyers in Long Beach Island?  
  Existing Home Prices for the past 90 days are  
  What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?  
  Housing Hot Spots   LoveLadies, NJ 08008
  Reason to Buy/Sell   Other
  Average Sold Price   $800,000 - View Graph Trend
 
       
       
  National Real Estate Market    
  National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

Click here for full article...
     
(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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