Single family home sales in Barnegat, NJ remained relatively stable in August when compared to July, 2008. But as is usually the case when the summer season comes to an end at the Jersey Shore, new listings nearly doubled.
While July, 2008 added only 50 new listings to the Township's inventory, August saw that figure jump to 105 new listings.
Single family homes sales dropped by 2 units in August over the previous month, but when compared to sales one year ago the fall off is big. There were 22 sales in August, 2008 ranging in price from $124,000 to $1.132M. And there were 31 closings in August 2007.
Total inventory of single family homes for sale in Barnegat in August, 2008 was 365 units.
The good news is that since March, 2008 sales are inching up in Barnegat!
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Laura@JerseyShoreViews.com
Thanks for the update
Wow, I think I saw all the new listings...they were scattered all over town. And I sat there and wondered why, was it short sales or just the commute is too far?