This just in from the New Jersey Multiple Listing Service.
NJMLS statistics for November 2012 vs. 2011 are improved on all key metrics continuing recent trends:
Entire NJMLS (all categories, all areas):
Number of Solds up +23.3.0%, Median Sale Price up +5.5%, Under Contracts up +1.2%, Active Listings down -21.0%.
Single Family Homes (all areas):
Number of Solds up +24.3%, Median Sale price up +2.7%, Under Contracts up +0.5%, Active Listings down -23.9%.
Activity is also showing a rise with increases in lockbox showings.
This news combined with the continued low interest rates for mortgages are sure to keep Real Estate on the rise from Winter through Spring.
* Home shown may have been sold by more than one member of the NJMLS.
Pamela Stetson - Top Ten Agent, Multi-Million Dollar Sales Club. For more information about buying or selling your largest financial asset, contact me at CupaT@aol.com.*The data is based on information from the NJMLS. All information is deemed reliable but is not guaranteed.
Copyright - Pamela Stetson 2012