Tuesday, September 21, 2010

Colts Neck Real Estate Update

The Colts Neck Real Estate market had a slightly better Spring/Summer season this year than it did in 2009. Through September 27, 2010 we have had 63 homes close in Colts Neck this year vs. 57 through the same period last year.

Average closed price in Colts Neck for 2010 to date is at $910,987 vs. $848,331 in 2009 which is approximately a 7% increase.

Sold properties ranged in price this year from lowest being $200,500 to highest coming in at $3,200,000. In 2009, lowest closed price was $259,900 and the highest $3,031,000.

Currently, there are 18 homes under contract in Colts Neck awaiting closing. In addition, we have 110 active listings in the Multiple Listing Service with prices ranging from $325,000 to $7,999,999.

If you are considering a move in or out of the Colts Neck market place, call Leanne @917-596-2772 or Anna @ 732-371-3233 to get the latest details on market conditions and availability of properties. If you are thinking of selling, we can provide you with a COMPLIMENTARY COMPARATIVE MARKET ANALYSIS for your home.