September 2019 Shore Market Stats
October 26th 2019
With September's stats now in the books, we can expect a strong finish to the year for the Jersey Shore real estate market. Prices are continuing to increase in most areas, and inventory remains low for most types of properties. Months of supply for North Wildwood and Sea Isle condo/townhomes, for example, are at 4.2 and 5.1 respectively. Six months inventory is considered a balanced supply.
This market continues to be a boon for both buyers and sellers. Low interest rates and competitive pricing create a great environment for buyers. And the flush of qualified buyers, combined with low inventory, will allow your home to stand out on the market and attract top dollar. Contact us today to list your home or help you find your next Shore property!
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