Monday, May 2, 2011

A Look at Values, Neptune Township

Neptune Township (EXIT 100) off the Garden State Parkway stretches east to the Atlantic Ocean encompassing Historic Ocean Grove .  The southern border is the beautiful Shark River estuary and the northern border is with the City of Asbury Park and Ocean Township towards the southern end borders Wall Township. Neptune Township is a diverse community, both in terms of population and landscape. 
In this analysis of closed Single family homes from January 2006 to December 2010, it looks like Neptune had its worst year in 2008 compared to others in this analysis.

This year is the year of recovery, Wishing you Great Success in all your Real Estate Dreams.

NEPTUNE TOWNSHIP, 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          279          $364,635                 $335,000                 $128,750                 $1,525,000              84

January 1, 2007 – December 31, 2007

Status      Total        Avg Price                 Median                   Low                         High                  Avg DOM

CLS          241          $387,978                 $333,000                 $100,000                 $1,699,000              92

January 1, 2008 – December 31, 2008

Status      Total        Avg Price                 Median                   Low                         High                  Avg DOM

CLS          174          $335,188                 $306,000                 $90,000                   $885,000                 105

January 1, 2009 – December 31, 2009

Status      Total        Avg Price                 Median                   Low                         High                  Avg DOM

CLS          201          $337,191                 $290,000                 $58,000                   $1,600,000              108

January 1, 2010 – December 31, 2010

Status      Total        Avg Price                 Median                   Low                         High                  Avg DOM

CLS          203          $282,024                 $260,000                 $45,000                   $776,000                 99

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®

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