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Week ending Nov 18
Week ending Nov 18
w-o-w
Somers Point Real Estate Overview
Today, November 26, 2009
Market View for Somers Point
Avg. Listing Price
$401,622
Wk ending Nov 18
-$9,689
-2.4%
w-o-w
-2.4%
w-o-w
Median Sales Price
$208,000
Aug '09 - Oct '09
-$27,000
-11.5%
y-o-y
-11.5%
y-o-y
Somers Point Summary
Average price per square foot for Somers Point NJ was $190, a decrease of 12.4% compared to the same period last year. The median sales price for homes in Somers Point NJ for Aug 09 to Oct 09 was $208,000 based on 26 home sales. Compared to the same period one year ago, the median home sales price decreased 11.5%, or $27,000, and the number of home sales decreased 29.7%.
There are currently 105 resale and new homes in Somers Point on Trulia, including 31 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Somers Point NJ was $401,622 for the week ending Nov 18, which represents a decrease of 2.4%, or $9,689, compared to the prior week.
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