Real Estate Blog

This Week

The median list price in FORKED RIVER 08731 this week is $289,000.

Inventory is tightening and days-on-market is falling. But demand as measured by the Market Action Index is also trending down. The market is not giving strong up or down signals from these data.

Suppy and Demand

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer's market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller's zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Median List Price $289,000
Asking Price Per Square Foot  $178
Average Days on Market (DOM)
786 Views, 0 Comments

This Week

The median list price in BAYVILLE, NJ 08721 this week is $285,000 Inventory is up and Market Action is trending down recently. While days-on-market appears to be trending lower, the overall condition are weakening a bit.

Suppy and Demand

While prices have been a a plateau for a number of weeks, this is a Buyer's market and the supply of homes listed has started growing relative to demand. This indication that prices could easily resume a downward trend in conjuction with the MAI ( Market Action Index). Prices are unlikely to move significantly higher until there is a persistent upward shirt in the MAI.

Real-Time Market Profile

Median List Price $285,000
Asking Price Per Square Foot  $158
Average Days on
760 Views, 0 Comments

Lagoon view in Barnegat NJ on Creekview

25 Creekview Rd Barnegat, NJ 08005 21427409 Land/Lots Closed LP:$169,000 Private Copy Status: Closed 01/07/2015 Property Sub-Type: Residential Land County: Ocean Municipality: Barnegat (BAR) Area/Section: Barnegat Twp Complex/Subdivision: Barnegat Tax ID#: 002060000000140001 Elementary School: Middle School: High School: Other Elementary: Other High: Min Lot Area (Zoning): Farm Assessed: No For Lease: No Lot Dimensions: 60X100 Min Lot Area (Zoning): Min Lot Ftg (Zoning): Minimum Bldg Sz (SqFt): Minimum Lots P/Acre: Property Type: Land/Lots Waterfront: Yes Waterview: Yes Spectacular waterfront location. Fabulous views – open cove lagoon with view of Forsythe National Wildlife Refuge – beautiful sunsets. Only minutes to the open bay. Newer vinyl

788 Views, 0 Comments

Lagoon Property in Lanoka Harbor NJ

Lanoka Harbor waterfront view

 

Off Market - 2,600+ sq ft Contemporary Waterfront Ranch. This home has an open floor plan, vaulted ceilings, 3 large Bedrooms and 3 full baths (one for each bedroom � making this a great house for sharing). Updated kitchen w/breakfast bar & pantry. Family Room w/gas FP & sliders to deck, in-ground Pool in private setting with deck & dock, lush landscaping. Located on cul-de-sac street w/78 feet of bulkhead. Short ride to Bay. 2-car attached garage & storage shed. Check this one out!

555 Views, 0 Comments

Picture of Clune Park in Forked River NJ

Vincent Clune park located in the southern end of Forked River (Lacey Twp.) is home of the Lacey Little and Lacey Pop Warner. The park is primarily surrounded by residential homes on it’s northern end and woodlands to the south. Clune Park consists of 2 baseball fields, 4 little league fields, 3 full-size football fields, and a playground. You can use the map above to zoom in and check out this great athletic complex.

 

1,187 Views, 0 Comments