In East Brunswick what is the current... 1) The sale price to ask price ratio and 2) Avg days on market

Center
Home Buyer
08816

Answers (5)
Anne Kofsky
Agent
East Brunswick, NJ

The average sales time is approximately 4-6 month. If the home is priced right one could have multi bids and actually get a better sales price closer to full price is a very quick period of time. I have successfully marketed and sold several homes this year within a month, a week, a day. This is normally the way I work. The sellers and Buyers find this to be a win win for all. For More information, please contact me at 732-735-9774 or email http://www.annekofsky.net .

Wed May 27 2009, 15:07
Zack
Other/Just Looking
Westchester County, NY

Thanks.

I see this question the boards a lot and IMO, its misguided. The poster is usually trying to get an idea of how much to bid under the list price etc, but is that an inflated list price, or the final list price? Since for the amateur that isn't easy to know, the best bet is to ask a realtor for comps, again, IMO.

Tue May 26 2009, 20:30
Glenn Mason
Agent
Monmouth Junction, NJ

Yes, these stats should represent the final list price not the original price.

Glenn Mason - Realtor Associate

direct: 732-586-6220 | office: 732-297-6969 | email: glenn@glennmason.com
website: http://www.GlennMason.com

Tue May 26 2009, 18:37
Zack
Other/Just Looking
Westchester County, NY

Glenn,
That is final List price, not original price, correct?

Thanks,
Zack

Tue May 26 2009, 16:21
Glenn Mason
Agent
Monmouth Junction, NJ
FIRST ANSWER

Hello Center,

For the month of April the SP/LP ratio was 95.8% and the average days on market for those homes was about 60 days.
For the month of March the SP/LP ratio was 94.5% and the average days on market for those homes was about 109 days.

I will let you know the statistics for May as soon as they are available.

Glenn Mason - Realtor Associate
Orange Key Realty
863 Georges Road
Monmouth Junction, NJ 08852

direct: 732-586-6220
office: 732-297-6969
email: glenn@glennmason.com
website: http://www.GlennMason.com

Tue May 26 2009, 13:26

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