Thursday, May 26, 2011

Here are this week’s market stats






Since we’re just about half way through the year so I thought I’d recap Southern Ocean County real estate activity starting on Jan 1st. The total count of new listings thru today is 2932. Total sold listings since the beginning of the year was 759, BUT, there are 1089 listings in Pending (which means they are under contract; not yet closed). So assuming most of them do close, the proportion is again 50% sold to active.
The average days on the market was 164. That’s pretty good since not long ago it was took most of a year to get a house sold.
Those are our stats this week. Things are looking up…

Brought to you by The Tom Smith Realty Group, Thomas J Smith and Amanda Nichols. For more information call/text 609 709-1429 visit: www.Sellertom.com Tom@sellertom.com

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