Beach Haven West New Jersey Real Estate Months of Inventory
Beach Haven West Real Estate
When looking to buy or sell in the Beach Haven West NJ real estate market it is helpful to understand past market trends. One of the best ways to gauge overall market activity and understand how to frame or interrupt an offer, it is important to know what the competition looks like. To this end, understanding Beach Haven West Real Estate Inventory Levels is essential to understanding the Beach Haven West real estate market in general.
Beach Haven West Real Estate Inventory Levels
Below is a chart month by month since 2014 that shows the months of inventory and the average sales price for each month in the Beach Haven West real estate market. To give a quick background this shows a correlation between the number of sales and the number of active listings in the market which then shows how long it would take to clear the market of listings. The higher the numbers, the less activity there is.
Month | Months of Inventory | Sale Price, Average |
Jan-14 | 8 | $274,667 |
Feb-14 | 15 | $185,286 |
Mar-14 | 14 | $247,571 |
Apr-14 | 13 | $220,988 |
May-14 | 11 | $277,800 |
Jun-14 | 19 | $284,500 |
Jul-14 | 12 | $303,111 |
Aug-14 | 13 | $255,000 |
Sep-14 | 20 | $255,817 |
Oct-14 | 21 | $209,983 |
Nov-14 | 12 | $237,040 |
Dec-14 | 23 | $372,855 |
Jan-15 | 23 | $328,800 |
Feb-15 | 31 | $208,750 |
Mar-15 | 16 | $296,219 |
Apr-15 | 22 | $179,750 |
May-15 | 15 | $278,782 |
Jun-15 | 12 | $413,208 |
Jul-15 | 8 | $316,734 |
Aug-15 | 10 | $288,077 |
Sep-15 | 31 | $346,250 |
Oct-15 | 9 | $293,125 |
Nov-15 | 14 | $255,625 |
Dec-15 | 13 | $294,906 |
Jan-16 | 12 | $226,563 |
Feb-16 | 27 | $334,000 |
Mar-16 | 40 | $323,500 |
Apr-16 | 10 | $281,692 |
May-16 | 10 | $355,634 |
Jun-16 | 9 | $300,075 |
Jul-16 | 15 | $355,175 |
Aug-16 | 11 | $366,773 |
Sep-16 | 8 | $360,143 |
Oct-16 | 8 | $295,583 |
Nov-16 | 27 | $333,000 |
Dec-16 | 9 | $301,845 |
Jan-17 | 17 | $354,833 |
Feb-17 | 21 | $288,980 |
Mar-17 | 9 | $313,858 |
Apr-17 | 8 | $389,736 |
May-17 | 8 | $316,315 |
Jun-17 | 7 | $341,814 |
Jul-17 | 9 | $327,300 |
Aug-17 | 9 | $270,450 |
Sep-17 | 6 | $375,556 |
Oct-17 | 6 | $373,587 |
Nov-17 | 17 | $445,167 |
Dec-17 | 6 | $386,566 |
Jan-18 | 11 | $463,796 |
Feb-18 | 53 | $300,000 |
Mar-18 | 9 | $393,087 |
Apr-18 | 7 | $393,559 |
May-18 | 9 | $428,300 |
Jun-18 | 5 | $468,098 |
Jul-18 | 5 | $365,143 |
Aug-18 | 11 | $378,133 |
Sep-18 | 7 | $330,115 |
Oct-18 | 16 | $423,042 |
Nov-18 | 7 | $427,082 |
Dec-18 | 17 | $339,000 |
Jan-19 | 10 | $438,700 |
As you can see from the chart 2017 shows some of the lowest numbers of the past 5 years in the Beach Haven West real estate market. This could be a sign that the market has slowed in 2018 or it could simply mean that more sellers are trying to take advantage of higher prices. In any case it is important to keep in mind the current market trends and stay disciplined when looking to buy, sell or invest in the Beach Haven West real estate market. For more information about Beach Haven West Real Estate Inventory Levels please do not hesitate to contact me.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
www.beachhavenwestrealestate.com | www.BuyLBI.com
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