This post was contributed by a community member. The views expressed here are the author's own.

Health & Fitness

Two River Real Estate Statistics - August 2011

The August 2011 monthly real estate statistics for the Two River area are out! August home sales rose & home sale prices strengthened in select towns...

These are the August 2011 monthly real estate statistics for the Two River area. 

August home sales rose on a month to month basis as new home buyers settled in before the start of the new school year. 

Prices of home sales strengthened in select towns such as Little Silver, Rumson, Fair Haven and Middletown. 

Find out what's happening in Little Silver-Oceanportwith free, real-time updates from Patch.

Overall, the number of homes on the market thinned out slightly.   Home prices are still under pressure and the average days on the market pushed out even further.  Fewer houses under contract in August indicate a potential slowdown in closed sales in the upcoming months.  See chart for all the details

We’ve removed the ability to reply as we work to make improvements. Learn more here

The views expressed in this post are the author's own. Want to post on Patch?