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Marlboro

New Jersey 55+ Adult Community Real Estate Housing Stats

Here is where you will find the latest trends in the adult community housing market. The data in the chart was compiled using the Monmouth Ocean MLS information which only covers those County areas in NJ. Every attempt has been made to provide accurate data but is not guaranteed.

MARCH 2010 QUANTITY TRENDING
New Listings 515  
Under Contract 290  
Homes Sold 182

Summary:
As you can see from the charts below, the number of homes sold is starting to rise. This is mostly attributed to the government tax incentive programs. These incentives end April 30th so there may be a drop-off in homes going under contract in May. Although, spring time is the most active time of year for buyers so the loss of government incentives may not be too noticeable.

What's more disturbing is the continued downward trend in the average price of homes sold . The added pressure of record foreclosures and bank owned properties will continue to put downward pressure on sale prices.

MOMLS Adult Community Number of Homes Sold

MOMLS Adult Community Avg. Sold Price

Potential Home Sellers:
There are many variables that can affect the value and sale of your home. Proper pricing and marketing exposure will increase your chances of selling your home faster and for more money. If you are considering selling your home, please contact us for free market analysis and how we can help you sell your home.