OCNJ Sales Market Continues to gain-(3rd Quarter & YTD stats)

Ocean City’s third quarter ended with more good news… UP 6% 

2012  third quarter  (July, August & Sept) closed sales totaled 190  homes as compared to last years 180 homes….  Showing a 6% increase in sold homes as compared to last years third quarter.

Ocean City’s Year -to- Date is  UP 13%     

Jan-Sept 2012-  YTD:  2012 645 homes sold as compared 573 in 2011.  This represents a 13% incerase in sold homes.

While average price remains about the same hovering at $560,000, we see signs of  stability.  Mortgage rates remain at near 30 year lows in the mid 3% for 30 yr loans.   Its clear the time to buy is NOW before prices take off–again!

Let us help you find that special shore home today!

 -Jaime & Chris Pustizzi