WWSIR 2012 Micro Market Report Q3

Page 1

THIRD QUARTER

L ocal Expertise. Global Exposure. Avon-by-the-Sea | Belmar | Bradley Beach | Brielle | Lake Como | Manasquan Sea Girt | Spring Lake Heights | Spring Lake | Wall


AVON-BY-THE-SEA, NEW JERSEY | third quarter report 2012 Third Quarter Closed Sales (Volume) AVON-BY-THE-SEA, NEW JERSEY

Q3

2011

2012

Median Price................................................................................………………$997,000..................................................... $880,000 Average Price.......................................................…………………………………$892,250 ………………………………………$1,236,667 Average Days on Market................................……………………………………………138 ……………………………………………………125 Highest Price…………….……………………………………………………………...$1,260,000……………………………………...$2,100,000 Lowest Price………………………………………………………................................$315,000 …………………………………………$730,000 Properties Sold………………………………………………………...........................................4 ……………………………………………………....3 Sold Price to List Price……………………………………………….…………………..91.00%……………………………… …………….89.00% *Monmouth/Ocean MLS 07/01/2010 - 09/30/2010; 07/01/2011 - 09/30/2011; 07/01/2012 - 09/30/2012

MICRO MARKET REPORT

2012 third quarter | wardwight.com


BELMAR, NEW JERSEY | third quarter report 2012 Third Quarter Closed Sales (Volume) BELMAR, NEW JERSEY

Q3

2011

2012

Median Price................................................................................………………$565,000..................................................... $405,000 Average Price.........................................................…………………………………$521,878 …………………………………………$503,820 Average Days on Market.................................……………………………………………118 ..…………………………………………………107 Highest Price…………….……………………………………………………………......$965,000……………………………………...$1,450,000 Lowest Price………………………………………………………................................$225,000 …………………………………………$208,500 Properties Sold………………………………………………………...........................................9 ……………………………………………………...11 Sold Price to List Price……………………………………………….…………………..91.00%……………………………… …………….95.00% *Monmouth/Ocean MLS 07/01/2010 - 09/30/2010; 07/01/2011 - 09/30/2011; 07/01/2012 - 09/30/2012

MICRO MARKET REPORT

2012 third quarter | wardwight.com


BRADLEY BEACH, NEW JERSEY | third quarter report 2012 Third Quarter Closed Sales (Volume) BRADLEY BEACH, NEW JERSEY

Q3

2011

2012

Median Price.................................................................................………………$488,750.....................................................$545,000 Average Price.......................................................…………………………………$520,350 …………………………………………$636,643 Average Days on Market..................................……………………………………………91 …………………………………………………...159 Highest Price…………….……………………………………………………………...…$785,000……………………………………....$1,659,500 Lowest Price………………………………………………………..............................$300,000 …………………………………………$185,000 Properties Sold………………………………………………………........................................10 ……………………………………………………....7 Sold Price to List Price……………………………………………….…………………..97.00%……………………………… …………….92.00% *Monmouth/Ocean MLS 07/01/2010 - 09/30/2010; 07/01/2011 - 09/30/2011; 07/01/2012 - 09/30/2012

MICRO MARKET REPORT

2012 third quarter | wardwight.com


BRIELLE, NEW JERSEY | third quarter report 2012 Third Quarter Closed Sales (Volume) BRIELLE, NEW JERSEY

Q3

2011

2012

Median Price.. ................................................................................……………$530,000..................................................... $490,000 Average Price.........................................................…………………………………$553,711 ………………………………………….$617,944 Average Days on Market................................……………………………………………120 …………………………………………………....69 Highest Price…………….……………………………………………………………..$1,050,000…………………………………….....$1,575,000 Lowest Price………………………………………………………...............................$310,000 ………………………………………….$374,000 Properties Sold………………………………………………………..........................................9 ……………………………………………………...9 Sold Price to List Price……………………………………………….………………….93.00%……………………………… ………........93.00% *Monmouth/Ocean MLS 07/01/2010 - 09/30/2010; 07/01/2011 - 09/30/2011; 07/01/2012 - 09/30/2012

MICRO MARKET REPORT

2012 third quarter | wardwight.com


LAKE COMO, NEW JERSEY | third quarter report 2012 Third Quarter Closed Sales (Volume) LAKE COMO, NEW JERSEY

Q3

2011

2012

Median Price.. ................................................................................……………$350,000........................................................$367,750 Average Price.......................................................…………………………………$432,053 ………………………………………..$400,083 Average Days on Market.................................……………………………………………89 …………………………………………………...185 Highest Price…………….……………………………………………………………...….$657,500……………………………………......$585,000 Lowest Price………………………………………………………...............................$288,660 …………………………………………$350,000 Properties Sold………………………………………………………..........................................3 ……………………………………………………....6 Sold Price to List Price……………………………………………….…………………..97.00%……………………………… …………….94.00% *Monmouth/Ocean MLS 07/01/2010 - 09/30/2010; 07/01/2011 - 09/30/2011; 07/01/2012 - 09/30/2012

MICRO MARKET REPORT

2012 third quarter | wardwight.com


MANASQUAN, NEW JERSEY | third quarter report 2012 Third Quarter Closed Sales (Volume) MANASQUAN, NEW JERSEY

Q3

2011

2012

Median Price.. ................................................................................……………$605,000..................................................... $500,000 Average Price.......................................................…………………………………$606,164 …………………………………………$569,438 Average Days on Market...............................……………………………………………140 …………………………………………………...124 Highest Price…………….……………………………………………………………...$1,140,000…………………………………….......$870,000 Lowest Price………………………………………………………...............................$225,000 …………………………………………$399,000 Properties Sold………………………………………………………........................................14 ……………………………………………………..16 Sold Price to List Price……………………………………………….………………….92.00%……………………………… …………….93.00% *Monmouth/Ocean MLS 07/01/2010 - 09/30/2010; 07/01/2011 - 09/30/2011; 07/01/2012 - 09/30/2012

MICRO MARKET REPORT

2012 third quarter | wardwight.com


SEA GIRT, NEW JERSEY | third quarter report 2012 Third Quarter Closed Sales (Volume) SEA GIRT, NEW JERSEY

Q3

2011

2012

Median Price.................................................................................……………$1,275,000................................................... $1,425,000 Average Price.......................................................………………………………$1,369,466 ………………………………………$1,533,500 Average Days on Market.................................……………………………………………96 ………………………………………………….....34 Highest Price…………….……………………………………………………………...$3,150,000……………………………………...$2,700,000 Lowest Price………………………………………………………...............................$535,000 ..………………………………………$850,000 Properties Sold……………………………………………………….........................................11 ……………………………………………………....5 Sold Price to List Price……………………………………………….…………………..91.00%……………………………… …………….94.00% *Monmouth/Ocean MLS 07/01/2010 - 09/30/2010; 07/01/2011 - 09/30/2011; 07/01/2012 - 09/30/2012

MICRO MARKET REPORT

2012 third quarter | wardwight.com


SPRING LAKE HEIGHTS, NEW JERSEY | third quarter report 2012 Third Quarter Closed Sales (Volume) SPRING LAKE HEIGHTS, NEW JERSEY

Q3

2011

2012

Median Price...................................................................................……………$389,000...................................................... $385,000 Average Price.......................................................…………………………………$448,800 …………………………………………$439,990 Average Days on Market...............................……………………………………………150 …………………………………………………....171 Highest Price…………….……………………………………………………………......$790,000……………………………………......$625,000 Lowest Price………………………………………………………...............................$295,000 ...………………………………………$262,000 Properties Sold………………………………………………………..........................................5 ……………………………………………………..15 Sold Price to List Price……………………………………………….………………….96.00%……………………………… …………….94.00% *Monmouth/Ocean MLS 07/01/2010 - 09/30/2010; 07/01/2011 - 09/30/2011; 07/01/2012 - 09/30/2012

MICRO MARKET REPORT

2012 third quarter | wardwight.com


SPRING LAKE, NEW JERSEY | third quarter report 2012 Third Quarter Closed Sales (Volume) SPRING LAKE, NEW JERSEY

Q3

2011

2012

Median Price..................................................................................……………$1,187,500................................................... $1,325,000 Average Price.. ......................................................………………………………$1,537,889 ..……………………………………..$1,691,550 Average Days on Market.............................. ……………………………………………203 ………………………………………………….....67 Highest Price…………….……………………………………………………………..$4,700,000……………………………………...$3,825,000 Lowest Price………………………………………………………..............................$585,000.………………………………………….$582,500 Properties Sold………………………………………………………........................................16 ……………………………………………………..10 Sold Price to List Price……………………………………………….………………….92.00%……………………………… …………….95.00% *Monmouth/Ocean MLS 07/01/2010 - 09/30/2010; 07/01/2011 - 09/30/2011; 07/01/2012 - 09/30/2012

MICRO MARKET REPORT

2012 third quarter | wardwight.com


WALL, NEW JERSEY | third quarter report 2012 Third Quarter Closed Sales (Volume) WALL, NEW JERSEY

Q3

2011

2012

Median Price..................................................................................……………$400,000......................................................$388,000 Average Price.......................................................…………………………………$453,686 ………………………………………...$426,406 Average Days on Market................................……………………………………………138 …………………………………………………...103 Highest Price…………….……………………………………………………………...$1,475,000……………………………………........$849,900 Lowest Price………………………………………………………..................................$21,280.…………………………………………....$27,000 Properties Sold………………………………………………………........................................61 …………………………………………………….55 Sold Price to List Price……………………………………………….………………….93.00%……………………………… .....………...95.00% *Monmouth/Ocean MLS 07/01/2010 - 09/30/2010; 07/01/2011 - 09/30/2011; 07/01/2012 - 09/30/2012

MICRO MARKET REPORT

2012 third quarter | wardwight.com


L ocal Expertise. Global Exposure. wardwight.com

BELMAR

MANASQUAN

belmar@sothebysrealty.com

manasquan@sothebysrealty.com

Main Street 732.681.0027

E. Main Avenue 732.223.2266

SEA GIRT

SPRING LAKE

seagirt@sothebysrealty.com

springlake@sothebysrealty.com

Washington Blvd 732.449.5959

Third Avenue 732.449.3322

Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks used with permission. Independently owned and operated.


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