Realty Times - Ocean, New Jersey Real Estate Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > New Jersey > Ocean

Market Conditions Summary for Ocean, New Jersey

Reported by

Randi Dickman
as of 4/1/2012:

The Market is still depreciating. It's making a correction from the past years of the boom! Monmouth County is still a desirable place to live with our location being close to NY, Atlantic City & Philadelphia. Home buyers are reentering the housing... MORE->
About Randi Dickman

Reported by
George Coffenberg
as of 9/1/2011:

During August 2011 there were 13 homes sold for a median price of $427,500. In August 2010 there were 12 homes sold for a median price of $400,000. There are currently 177 homes for sale in Ocean Twp between $139,900 and $2.75... MORE->

Reported by
George Coffenberg
as of 7/16/2011:

During the past 12 months there have been 166 single family homes sold in Ocean Twp. The homes ranged in value from $96,900 to $1,875,000. The median sales price during the past year is $343,250 which is down approximately 4.65% from the previous... MORE->

Average Current Market Rating: 2 (3 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2.7 (3 ratings)

1	2	3	4	5
Falling			Rising

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Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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Mortgage Rates
30 Year Fixed: 3.83%
15 Year Fixed: 3.05%
1 Year Adj: 2.73%
(U.S. Weekly Averages)

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