Below is a presentation of Closed Single family homes in Belmar, NJ since January 2006 to present. Belmar looks like it’s been on a Roller Coaster Ride in terms of values and DOM’s. Overall, it doesn’t look like value-wise it has taken a BIG hit. Perhaps due to the community, the proximity to the ocean, the quality of life that Belmar affords. However, if you look at the number of sales year to year, that has taken a significant drop. The days on market have increased. The increased activity once again in 2010 I would attribute to the tax credits for buyers.
This profile is the 2nd installment of what I will present on a weekly basis, Town by Town, for you, to be the judge of what market conditions have been. Belmar still regardless seems to be strong in the Jersey Shore as far as sales in comparison to other Shore Towns.
If there is a specific a specific question you have, please contact me. I cover the Middlesex, Monmouth and Ocean county area. With my primary focus being the Jersey Shore. I hope you find this information helpful. Wishing you Great Success in all your Real Estate Dreams.
BELMAR, NJ CLOSED AS REPORTED THROUGH THE MLS BY YEAR – TAKE A LOOK AND COMPARE
January 1, 2006 – December 31, 2006
Status Total Avg Price Median Low High Avg DOM
CLS 60 $701,176 $520,500 $240,000 $2,500,000 83
January 1, 2007 – December 31, 2007
Status Total Avg Price Median Low High Avg DOM
CLS 39 $636,344 $530,000 $272,000 $2,000,000 117
January 1, 2008 – December 31, 2008
Status Total Avg Price Median Low High Avg DOM
CLS 33 $716,172 $575,000 $139,000 $2,750,000 124
January 1, 2009 – December 31, 2009
Status Total Avg Price Median Low High Avg DOM
CLS 32 $709,734 $491,000 $155,000 $1,950,000 108
January 1, 2010 – December 31, 2010
Status Total Avg Price Median Low High Avg DOM
CLS 45 $643,578 $480,000 $165,250 $1,800,000 106
This CMA is not an appraisal and should not be considered the equivalent of an appraisal.
--Information deemed reliable but not guaranteed--Copyright: 2011 by the Monmouth County Association of REALTORS®
Prompt, Professional and Personalized Service. Call me direct 732-684-1559 or email lucyk@remax.net. Check out my website, www.RealEstateLu.com for more great information.
--Information deemed reliable but not guaranteed--Copyright: 2011 by the Monmouth County Association of REALTORS®
Prompt, Professional and Personalized Service. Call me direct 732-684-1559 or email lucyk@remax.net. Check out my website, www.RealEstateLu.com for more great information.
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