: Little Egg Harbor Homes for Sale - 4th Quarter Housing Market Report, 2012

Little Egg Harbor Homes for Sale - 4th Quarter Housing Market Report, 2012

Little Egg Harbor Homes for Sale - 4th Quarter Housing Market Report, 2012

A small blip in Little Egg Harbor's improving housing market can been seen in the final quarter of 2012.  That blip is November and is due to super storm Sandy.   Little Egg Harbor officials estimate 5,000 homes in the Mystic Island section have been substantially damaged, the figure could be higher.

If December's figures are any indication the real impact of Sandy won't be felt until the Little Egg Harbor waterfront home shopping season really gets underway in late February.  Listings are down, prices are up slightly so there's going to be more competition for fewer homes for sale in Little Egg Harbor. 
 

Activity
 Date
New
Listings
  Under
Contract
  Expired With-
drawn
Sold   Days On
Market
Median
Sold $
Oct 2012 45   35   40 20 30   198 $160,000
Nov 2012 29   34   48 35 19   142 $118,000
Dec 2012 35   29   28 23 34   149 $160,300


Compare the 2012 figures with those from 2011.

Activity
Date
New
Listings
  Under
Contract
  Expired With-
drawn
Sold   Days On
Market
Median
Sold $
Oct 2011 57   20   56 24 24   192 $152,500
Nov 2011 55   28   40 17 20   143 $152,900
Dec 2011 32   27   44 14 20   142 $157,250
 
If you are thinking about buying a home in Little Egg Harbor at the Jersey Shore, contact Little Egg Harbor REALTOR® Laura Giannotta at 609-384-6121, your best source of information for buying or selling a home at the Jersey Shore.
Investor Alert - Waterfront Homes for Sale in Little Egg Harbor
Homes for sale in Little Egg Harbor
7 Spar Court
 
 
 
  

     
Comment balloon 7 commentsLaura Giannotta • January 23 2013 04:43AM

Comments

What a great informative post. I hope you have a good first quarter.

 

Steven

Posted by Steven Schafer, CDPE, SFR, ABR, SRES (Berkshire Hathaway Home Services) almost 6 years ago

We're taking a wait and see attitude here Steven, Little Egg Harbor has not been this hard hit by a storm for decades!  Thanks for the encouragement.

Posted by Laura Giannotta, Your Realtor Down the Shore! (Keller Williams Realty - Atlantic Shore ) almost 6 years ago

Good morning, Laura.... it looks like your market is headed in the right direction with a decrease in inventory..... the storm really jabbed your market in Nov.

Posted by Barbara Todaro, "Franklin MA Homes" (RE/MAX Executive Realty ) almost 6 years ago

Barbara the Little Egg Habor housing market is certainly is picking up...this month is looking good for a January too!

Posted by Laura Giannotta, Your Realtor Down the Shore! (Keller Williams Realty - Atlantic Shore ) almost 6 years ago

Good information for home buyers and home sellers.  The number of days on the market tends to indicate that the market still favors buyers.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) almost 6 years ago

Fewer homes and of course, better prices...yippee....hoping that there is some positive resolution for people displaced by Sandy.

Posted by Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce (EXP Realty 414-525-0563) almost 6 years ago

Roy, thanks the market changes from neighborhood to neighborhood!

Sally & David, we're still not sure about the number of homes in Little Egg Harbor that will be raised or razed! 

Posted by Laura Giannotta, Your Realtor Down the Shore! (Keller Williams Realty - Atlantic Shore ) almost 6 years ago

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