As the summer winds down, it is not unusual to see a market slowdown as families vacation and take advantage of nicer weather. Although the market is slowing down for the season, home values shed a positive light on Ocean County’s near future.
Despite the pace of recovery, the values of home continue to rise. In July of 2013, the median sales price (the midpoint of the sales) of single family homes was $264,000, while last month the market saw a boost in the median sales price to $275,000. In July 2013, townhouse-condo sales prices were at a median of $170,000. July 2014 showed the new median sale price to be $182,500. Adult community homes had a median sales price of $150,900 last month, which was an 18.8% increase from last year’s $127,000 median sales price.
OceanCountyREALTORS.org Has A New Look and Features
We hope that you will take advantage of all the features included in our NEW website design! Right off the top, the website now has features for members of the public separate from Real Estate Professionals. The site is designed to give YOU the information that is appropriate and timely for your needs as a licensee or as a buyer or seller. If you are a real estate professional, the Member Center will be your place to start. To read more details specific to you just CLICK on the menu item above.
For the public we are here to be a resource for you, as our motto states for, "Everything Real Estate at the Jersey Shore." We will attempt to keep you informed on issues and developments in the world of real estate here at the Jersey Shore. The interests of the REALTOR® Association are in line with the rights and benefits of property ownership, we are on your side.
Our members abide by a strict code of ethics and have access to a wide variety of business services that are not available to non-REALTORS®. This gives them a competitive edge in the marketplace, enabling them to provide superior services to buyers and sellers of real property.
Doing it Yourself may be a lot harder than you imagined! The mounds of paperwork, and setting your price just right can be a struggle. It can be quite frustrating to schedule showings, that is IF the people show up. 2012 statistics showed that on average homes sold by a REALTOR brought almost 23% higher sales prices.