--- In [email protected], "jerseyjohn99" <[EMAIL PROTECTED]> 
wrote:
>
> In a nutshell, there are 30 more open listings since Q4 2005, and 
an 
> increase of 5.9 new listings for every 1 sale in Asbury Park.
> 
> On a related note, doesn't it seem like there are more properties 
> for sale on Asbury Ave than not for sale?

On the west side yes. What I am told by brokers however, is that 
there are virtually no large single-family houses for sale. Someone 
asked about mine (I am not selling) because they lost 3 houses in 
which the sellers pulled out in attorney review. They were all in 
the million-dollar range. If you do not have to sell, you are in a 
very good position in AP. In 5-10 years large renovated homes within 
a few blocks of the ocean will be worth $2-$3 million and maybe 
more. Eventually the redevelopment will get done, whether it is the 
way some of us want or not.







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