January Real Estate Trends for Matawan and Aberdeen

Welcome to the January Matawan and Aberdeen Real Estate snapshot blog provided by Doreen DeMarco and Adrienne Marcigliano of EXIT Realty East Coast.  Our intention today is to give you a snapshot of the monthly statistics for your local real estate market.

Below is a comparison for January 2014/2013 closed single family home sales for Aberdeen and Matawan. (DOM=days on market)

Matawan: *Closed Sales for the month of January: 

• January 2014:  6 single family homes sold with an average sale price of $343,000. vs an average list price of $351,617. with an average 70 DOM
• January 2013:  6 single family homes sold with an average sale price of $270,833. vs an average list price of $284,917. with an average 147 DOM

• There are currently 14 homes under contract with an average list price of $287,193. with an average 83 DOM.
• There are currently 21 homes available with an average list price of $372,443. with an average 135 DOM.

Aberdeen: *Closed Sales for the month of January:

• January 2014: 10 single family homes sold with an average sale price of $281,930. vs an average list price of $291,650. with an average 70 DOM
• January 2013: 8 single family homes sold with an average sale price of $243,438. vs an average list price of $258,238. with an average 96 DOM

• There are currently 25 homes under contract with an average list price of $264,564. with an average 120 DOM.
• There are currently 70 homes available with an average list price of $301,183 with an average 154 DOM.

• Matawan: 6 homes Closed Year-To-Date vs 6 homes in 2013 YTD
• Aberdeen: 10 homes Closed Year-To-Date vs 8 homes in 2013 YTD
• Monmouth County: 257 homes Closed Year-To-Date vs 273 homes in 2013 YTD

*Source: MOMLS 2013/14; Information believed to be accurate but not guaranteed.