February 2013 Market Trends for Holmdel and Hazlet

Welcome to the February Holmdel-Hazlet Real Estate snapshot blog provided by Doreen DeMarco and Gerine A. Skamarak of EXIT Realty East Coast.  

Our intention today is to give you a snapshot of the monthly statistics in your local real estate market.  Below is a comparison for February 2012/2013 closed home sales for Holmdel and Hazlet. (DOM=days on market)

Holmdel: *Closed Sales for the month of February: 

• February 2013:  5 homes sold with an average sale price of $651,980. vs an average list price of $688,780. with an average 198 DOM
• February 2012:  8 homes sold with an average sale price of $541,549. vs an average list price of $575,575 with an average 109 DOM

• There are currently 32 homes under contract with an average list price of $802,197. with an average 126 DOM.
• There are currently 82 homes available with an average list price of $1,136,707. with an average 161 DOM.

Hazlet: *Closed Sales for the month of February:

• February 2013: 8 homes sold with an average sale price of $244,750. vs an average list price of $260,725. with an average 81 DOM
• February 2012: 6 homes sold with an average sale price of $304,650. vs an average list price of $328,117. with an average 134 DOM

• There are currently 37 homes under contract with an average list price of $301,508. with an average 76 DOM.
• There are currently 70 homes available with an average list price of $308,940. with an average 104 DOM.

*Source: MOMLS 2012/13; Information believed to be accuarate but not guaranteed.

We wish all our beloved communities continued support, strength and perserverance as all those impacted by Sandy carry on with their rebuilding process. Please feel free to contact us should you need any contractor recommendations.