Realty Times - Red Bank, 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 > Red Bank

Market Conditions Summary for Red Bank, 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 9/2/2011:

There was one home sold in Red Bank during August 2011 for $360,000. In August 2010 there were 7 homes sold for a median sales price of $365,000. Currently there are 73 homes for sale ranging in price from $125,000 to $2.9... MORE->

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

Over the past 12 months the median sales price of a single family home in Red Bank has risen to $377,500. This is nearly an 8% increase over the prior year. There have been 54 single family homes sold in Red Bank during the past year ranging from... MORE->

Average Current Market Rating: 2 (3 ratings)

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

Average Current Price Trend: 3 (3 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > New Jersey > Red Bank

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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