November 2012 Rumson Home Sales Remain Strong

Despite Hurricane/Tropical Storm Sandy, 10 Rumson homes sold (closed) in November, and these had a median sales price of $1,558,750. Only 2 Rumson homes sold (closed) last November, so we seem to be ending to the year with a strong real estate market.

Here are the year-to-date numbers:

Rumson Home Sales, January – November (11 Months Year To Date)
2011 2012 Comment
Sales (Demand) 94 92 2% fewer homes sold this year.
Listings (Supply) 79 68 14% more homes on market.
Months’ Supply (Absorption Rate) 8.3 8.7 Demand vs. supply slightly weaker.
Average Sale $ (Value) $1,492,693 $1,257,846 16% lower average sales price.
Median Sale $ (Value) $1,132,500 $1,200,000 6% higher median sales price.
Rumson Realtor Len Dunikoski

Rumson Realtor Len Dunikoski

Leonard “Len” Dunikoski, GRI
Realtor Associate
Diane Turton Realtors – Rumson Office
8 West River Road
Rumson, NJ 07760

(732) 239-0739 cell    (732) 530-6686 office


This entry was posted in Rumson Homes Sold, Rumson Real Estate, Rumson Realestate, Rumson Realtor, Rumson-Fair Haven and tagged , . Bookmark the permalink.

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