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Week ending Nov 18
Week ending Nov 18
w-o-w
Margate City Real Estate Overview
Today, November 25, 2009
Market View for Margate City
Avg. Listing Price
$873,794
Wk ending Nov 18
-$5,253
-0.6%
w-o-w
-0.6%
w-o-w
Median Sales Price
$442,500
Aug '09 - Oct '09
-$22,500
-4.8%
y-o-y
-4.8%
y-o-y
Margate City Summary
Average price per square foot for Margate City NJ was $290, a decrease of 30.3% compared to the same period last year. The median sales price for homes in Margate City NJ for Aug 09 to Oct 09 was $442,500 based on 56 home sales. Compared to the same period one year ago, the median home sales price decreased 4.8%, or $22,500, and the number of home sales decreased 5.1%.
There are currently 334 resale and new homes in Margate City on Trulia, including 3 open houses, as well as 14 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Margate City NJ was $873,794 for the week ending Nov 18, which represents a decrease of 0.6%, or $5,253, compared to the prior week.
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