Mid-Year Report on Condo Sales for Monmouth County Jan-June 2013
August 29, 2013
August 2013
Condo Sales by Area for July 2013 in Monmouth County
August 29, 2013
Monmouth County Condo Sales by Area for June 2013
August 29, 2013
Monmouth county Condo Sales by Area for May 2013
August 29, 2013
Monmouth County Condo Sales by Are for April 2013
August 29, 2013
Condo Sales by Area for March 2013 Monmouth County
August 29, 2013
Condo Sales by Area for Feb 2013
August 29, 2013
Condo Sales by Area for Jan. 2013
August 29, 2013
Weekly Preview
August 19, 2013
Forwarded exclusively by:
Gerald Santoro
West Town Savings Bank
Office: 732-800-0060
Email: [email protected]
website: http://www.westtownsb.com/geraldsantoro
NMLS#: 630694
Monday, August 19, 2013Lock Advice:
7 Day - Locking
7-15 Day - Locking
15-30 Day - Locking
What is on the agenda for this week? DateTime (ET)Economic ReleaseActualMarket ExpectsPrior21-Aug7:00 AMMBA Mortgage Index-NA-4.70%21-Aug10:00 AMExisting Home Sales-5.20M5.08M21-Aug10:30 AMCrude Inventories-NA-2.812M21-Aug2:00 PMFOMC Minutes---22-Aug8:30 AMInitial Claims-337K320K22-Aug8:30 AMContinuing Claims-2959K2969K22-Aug9:00 AMFHFA Housing Price Index-NA0.70%22-Aug10:00 AMLeading Indicators-0.50%0.00%22-Aug10:30 AMNatural Gas Inventories-NA65 bcf23-Aug10:00 AMNew Home Sales-490K497K
We have a very light week for economic releases with Existing Home Sales and Weekly Initial Jobless Claims being the most important.
The most impactful events this week will not economic reports but Fed events. Wednesday's FOMC minutes will be a major driving force in pricing as traders look to see how much traction tapering talk had at the last FOMC meeting.
Thursday and Friday the market will focus on the Jackson Hole Wyoming meeting as Central Bankers and economists from around the world attend the retreat. Traders will be focusing on any discussion on the timing of the Fed's tapering of bond purchases and who the next Fed Chair will be.
Sentiment continues to mount that the Fed will taper in September. We will need some new commentary from the Fed's talking heads that changes trader's minds from expecting a taper in September to December for MBS to see any improvement in pricing.
"Modern Banking, Old Fashioned Values"
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TINTON FALLS July 2013 REAL ESTATE REPORT
August 08, 2013
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TINTON FALLS MONTHLY REAL ESTATE REPORT |
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July 1 - July 31, 2013 |
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Total number of closed sales |
13 |
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Average days on market |
81 |
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Ratio of sale price to list price |
97% |
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Lowest closed price |
$234,000 |
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Highest closed price |
$890,000 |
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Median closed price |
$390,000 |
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Distribution of Closed Sales |
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# under $400,000 |
8 |
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# between $400,001-$700,000 |
4 |
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# above $700,001 |
1 |
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Total under contract as of 8/6/13 |
22 |
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Total homes available as of 8/6/13 |
44 |
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Median price of available homes |
$464,900 |
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Source: Monmouth/Ocean MLS. Information deemed reliable but not |
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