Homes for Sale Ocean City NJ Market Trends September 2017
By Bill and MaryAnn Wagner, Jersey Shore and South Jersey Real Estate
(Wagner Real Estate Group)
Homes for Sale Ocean City NJ Market Trends September 2017Single FamilyHomes for Sale in the Ocean City Real Estate Market showed mixed results for September. September saw a 19.1% decrease in new listings coming on the market over September 2016. 38 newly listed single family homes where introduced to the market.Sold properties in September where down 41.9% with 18 sold single family properties. Combined, the total number of new listings of Ocean City NJ Homes for Sale and total inventory versus the number of properties being sold has allowed the months supply of inventory to decrease to 10.4 months. This still denotes a strong Buyers Market but is a 9.6% improvement from 11.5 months last September. Average Days on Market is up 81.6% to 136 days. Days on Market only reflects the propert...
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