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Wildwood NJ Market Report July 2014

Monday, September 1, 2014   /   by Teresa Dipeso

Wildwood NJ Market Report July 2014

Real estate in the Wildwoods showed continued improvement during July 2014.


 


Overall, the number of written sales contracts increased 27% and the median sales price increased 4%.


 


Wildwood Market Report July 2014


The number of new listings decreased 15%, available inventory decreased 5% and days on market decreased 7%.


 


What does this mean for you?


 


Buyers have less inventory to choose from and home prices are increasing.


 


Sellers have less competition from competing homes and a greater chance of selling more quickly as buyers take advantage of low interest rates.


 


When you are ready to sell or buy a home at the shore, we are ready to help. Call Jersey Shore Realty Group today and put our team to work for you!


 


 

Teresa M DiPeso & The DiPeso Group Jersey Shore Real Estate Experts
Teresa M. DiPeso
Long & Foster
Avalon/Stone Harbor/Cape May/Sea Isle/Wildwoods, NJ 08202
609-780-1434

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the South Jersey Shore Regional MLS. Real estate listings held by brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
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