What is the change in the selling prices of homes in Little Silver over the last year?

Asked by Maureen Pastre, New York, NY Thu May 1, 2008

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Steven Porzio, Agent, Holmdel, NJ
Thu May 1, 2008
Hi Maureen,
Over the past several months we have seen a change in the market, what we have found is price and condition sells the home. On average Little Silver is between 645,000 and 945,000 depending on the area. I have seen homes drop around 5 to 7% , again it depends on the location. Keep in mind, today on the news the stated Monmouth County revenue is up to 60million, which is 5million over last year. This kind of information makes Little Silver and monmouth county and desirable area.

I am a real estate agent with Sotheby's Int;l and we would welcome the opportunity to discuss selling your home.

Kind Regards,
Steve Porzio
732 691 1668
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Thomas McCor…, Agent, Atlantic Highlands, NJ
Thu May 1, 2008
Hi Maureen,
Haven't compiled 2008 as yet but let here's the stats for the past few years.
LITTLE SILVER 2004 2005 2006 2007
Total Homes Sold 98 64 60 72
Change from Prev Yr 65.31% -6.25% 20.00%
Average Sale Price $628,333 $736,158 $862,700 $724,477
Change Prev Yr 17.16% 17.19% -16.02%
List-to-Sale Price Dif 93.66% 96.59% 94.16% 93.90%

Thomas McCormack
Sales Associate
Resources Real Estate
732-212-0440 x212
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