| Location | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 07701 | $333,750 | +9.4% | $317,500 | $305,000 | $287,500 | Red Bank | $337,500 | +15.5% | $320,000 | $292,250 | $287,500 |
Red Bank, 07701 Market Trends
Today, December 16, 2009
Red Bank, 07701 Summary
The median sales price for homes in ZIP code 07701 for Sep 09 to Nov 09 was $333,750. This represents an increase of 5.1%, or $16,250, compared to the prior quarter and an increase of 9.4% compared to the prior year. Sales prices have appreciated 16.1% over the last 5 years in 07701, Red Bank.
The median sales price of $333,750 for 07701 is 1.11% lower than the median sales price for Red Bank NJ. Average listing price for homes on Trulia in ZIP code 07701 was $500,828 for the week ending Dec 08, which represents an increase of 2.2%, or $10,959 compared to the prior week and an increase of 3.8%, or $18,472, compared to the week ending Nov 17. Average price per square foot for homes in 07701 was $231 in the most recent quarter, which is 0.43% lower than the average price per square foot for homes in Red Bank.
| Location | Week ending Dec 8 | w-o-w | Week ending Dec 1 | Week ending Nov 24 | Week ending Nov 17 |
|---|---|---|---|---|---|
| 07701 | $500,828 | +2.2% | $489,869 | $485,593 | $482,356 | Red Bank | $495,978 | +2.7% | $483,030 | $480,799 | $477,859 |
| Location | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 07701 | $231 | +0.4% | $243 | $230 | $233 | Red Bank | $232 | +0.9% | $243 | $230 | $233 |
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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