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%.
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!