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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!


 


 

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