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Longport Market Update

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Therefore when Buying or Selling, you can expect the right advice to help you and your family make the best decisions possible.

May, 2019 Market Snapshot for Longport

Here is a quick snapshot of the Longport,  New Jersey Residential Real Estate Market for May, 2019.  

Longport Single Family Homes

Number of Sales are UP. Prices are DOWN but with only thirteen sales YTD it is not necessarily indicative of the market as a whole.  Inventory is DOWN slightly, -15.4% over last year, and the market has also is UP drastically, -44.1% over last year, which again is related to the small sample size in this particular market.

+33.3%

Number of Sales

1.7K

+82.4%

151

Days on Market

91.1%

Sold % of List Price

Longport Condo/TH

Price are DOWN.  Number of Sales are unchanged. Inventory is DOWN --9.8% over last year.  The market has slowed DOWN sharply  +98.9% over last year.  With only three sales YTD drastic variations in the statistics may not be indicative of the market as a whole. 

-50%

Number of Sales

185K

-55.8%

77

Days on Market

97.4%

Sold % of List Price

May Sales in the Past 5 Years


Sales in the Past 6 Months

27 Sales in the past 6 Months 

Total Sales Year to Date

21 Total Sales Year to Date

Is Your Home Worth More than you Think?

A lot can change in a year....including the value of your home.

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