Recently I’ve had several sales in Mays Landing. I’d like to take a moment to share 3 reasons Mays Landing is a great place to live. I’d also like to highlight three great communities I’ve recently had sales in.
Mays Landing is located just West of Atlantic City. It’s about 20 minutes drive to Atlantic City. An hour to Philadelphia and 2 hours to New York. Mays Landing is also the regional shopping hub. Home of Hamilton Mall and major retailers like Macys, Khols, Target, Wal Mart, Hobby Lobby, Home Goods, Bed Bath And Beyond, Best Buy and more. Mays Landing also is home to many national restaurants such as Longhorn Steakhouse, Buffalo Wild Wings, Olive Garden, Red Lobster, Famous Dave’s, Red Robin, Moe’s, Outback, Chipotle and more. It’s convenient location makes it a great place to live and have easy access to shopping and activities.
Two of our recent sales in Mays Landing.
Low Tax Rate
Mays Landing has one of the lowest tax rates in Atlantic County. Their municipal Tax Rate is 0.882 making it one of the lowest municipal tax rates. Many Mays Landing Homes have taxes under $5,000 per year.
Low Home Prices
Mays Landing also has reasonable home prices. I’ll give you a few examples. I recently sold a fantastic 4 bedroom, 3.5 bathroom home in Victoria Pointe for $245,000. I also sold a beautiful home in a 55 and over community called Tavistock. The home was 2 bedrooms, 2 baths and sold for $187,000. And even if you’re looking for something on a lower budget I sold a 3 bed, 2 bath manufactured home at The Fairways for $70,000. Also if you’re looking for a new home Artists Walk has homes starting in the low $200,000 range.
Mays Landing has a great location, reasonable home prices and low taxes. If you’re looking for a home consider Mays Landing. There are a variety of communities to fit your needs. Contact us for a consultation to see if Mays Landing would be a good fit for you.
New home ownership is more affordable than you may think.
If you’re looking for a new home now is a great time to buy a brand new home. We work with several new national and local home builders to help you find the right community and the right location. Several of our home builders are offering homes in the low to mid $200,000 price range. This price range is very competitive with resale homes. So for around the same price as a resale home you can buy a brand new energy efficient home with a 10 year warranty.
Our featured new home community is Artists Walk by Ryan Homes in Mays Landing, NJ. These homes are packed with all the features buyers want at a reasonable price. Visit our Artists Walk page for my depth video tours of each of the model homes. Contact us for a free consultation. With just a few quick questions we can help determine the best option and community for you. Best wishes, Matt
Here is a look at 2018 sales in Four Seasons Smithville, Galloway Township, NJ
Four Seasons Smithville is a fantastic 55 and over active adult community built by K. Hovnanian. This is the largest 55 and over community in Atlantic County and has some of the best amenities activities and clubs for active adult home buyers. Recently I met with a couple who will be relocating and wanted to know when would be the best time of year to sell their house. Their new home would not be ready until July or August and they wanted to time the sale of their Four Seasons home with the purchase of the new home. I studied the 2018 sales in the community to give them an idea of when they would need to put their house on the market for sale.
The chart shows the number of sales each month for the community. Average days on market for Four Seasons was 57 for the year. So that means it took 57 days on average for a home to sign a contract. Then typically it would take another 30-60 days to close from that date.
The biggest sales month was July followed by April and September. If you are looking to sell at one of the peak months March or April is a great time to list the house for sale. Who do you know that needs this kind of advice in selling their home? Contact me for a free consultation.
Here is the latest update for the real estate market for Mays Landing, Hamilton Township, NJ Atlantic County
So first let me say that this update is for Hamilton Township (AKA Mays Landing), Atlantic County, NJ. There are two Hamilton Townships in NJ so if you are looking for Atlantic County in South Jersey you’ve come to the right place! Mays Landing is located about 20 minutes east of Atlantic City and Ocean City. Mays Landing is also the regional shopping and retail hub of the county and home to The Hamilton Mall and many other strip centers and chain restaurants.
Here is an update for the Hamilton Township real estate market. New listings were down slightly for December. Closed sales were up. Days on market was down to just 63 days. The median sales price was lower for the month however it is up 14% year to date to a median sales price of $173,250.
This report also takes a look at condos and townhomes in Mays Landing. New listings were down for the month and median sales price is up 21%. Monthly supply of inventory is up slightly to 6 months.
If you or someone you know is thinking of buying or selling real estate in Mays Landing please let us know. We can help them analyze the real estate market in their neighborhood to see if this is a good time to buy or sell for them.
There are many reasons to buy and sell a home right now in Atlantic County, NJ. Let’s take a look at this from the perspective of home buyers and sellers.
Home Buyers In Atlantic County, NJ.
Interest rates are still low. You still have great buying power.
Atlantic County, NJ home prices are on the rise in many of our communities as inventory is shrinking. Purchase now before prices go up.
Right now there are less buyers looking for homes in the winter. Less buyers means less competition and you are less likely to get in bidding wars with other buyers. You can often negotiate a great price and terms this time of year.
Home Sellers In Atlantic County, NJ
Right now inventory is lower in Atlantic County. If your neighborhood has no other homes for sale or just a few for sale this could be a great time to sell before more homes come on the market in the Spring.
If you are moving up to a larger home this is the perfect market to move up to something bigger. Demand for lower price homes in the $200,000 range and below is high. Demand for higher priced home is not as great. That means you can get top dollar for your home and get a great deal when you purchase your next home.
Rates remain low. Higher interest rates mean less buying power for home buyer. If rates go up home prices will go down. Sell now before any likely interest rate hikes occur.
Figuring out when to buy and sell a home ultimately depends on your circumstances and situation. Contact me for a free consultation. I can ask a few simple questions to help you determine if this is the right time to buy or sell for you.
We review the pros and cons of real estate apps and look at the new KW app.
My KW.com app.
Everyone has an App these days. Banking, social media and even your favorite restaurants all have apps. They are convenient ways to stay connected and offer many conveniences. So when it comes to real estate Apps which one is best?
There are many large real estate websites that all have apps. And most of them work very well. Apps like Realtor.com, Zillow, Trulia etc. provide similar home search functions and capabilities. They are connected to GPS so when you are driving around or walking around you simple open your app and you’ll see all the homes for sale around you. You’ll also see photos, prices and details.
Here is the biggest problem with these apps… they are not connected to a local agent. These apps are not connected to a local real estate expert who is looking out for your needs and best interest. So if you have a question or want more details on a property you may be connected to the listing agent but most of the time you’ll be sent to an agent who has paid to advertise on the app that may know nothing about the property at all.
My app also has a map function where you can draw the area you are interested in and it will pull up all available homes.
So what’s the best real estate app? Mine of course! My KW app allows my clients and friends and family to have all the features and benefits of the big name real estate apps with a connection to a local agent who is looking out for your best interest. My app works nationwide. And if you’re looking at home outside of my area of coverage I can connect you with a local agent anywhere in the country through our network of over 150,000 highly trained agents.
For 2019 our app will be totally redesigned with direct connection to every Multiple Listing Service in the country we will have the most accurate data for our customers. If you would like a great real estate app connected with a great real estate agent download my free app now. When the new version of the app is released your app will automatically be uploaded to the new version. Click here to download now or Text KW2JXSUJJ to 87778.
Best wishes, Matt
In this video I answer one of the most common questions I get. Should I wait until Spring to buy or sell a home.
Once again our market center is outperforming the market. As many of our competitors businesses are contracting we continue to grow while providing maximum benefits for our clients.
Keller Williams Realty Atlantic Shore Is Outperforming The Market
The chart below compares Keller Williams Realty Atlantic Shore and the entire South Jersey Shore Regional Multiple Listing System (all real estate brokers combined). We are outperforming the market in every category. Our main office is in Northfield NJ and we also have offices in Brigantine and Little Egg Harbor NJ.
Here is a quick overview of the Atlantic County, NJ real estate market using data from June 2018 and comparing it to June 2017. The data is divided into three categories: Single Family homes, townhomes and condos, and Adult Communities. For all categories inventory is down and days are market are down. Median sales price is up 7.4% for single family homes and 9.9% for condos. Of course all real estate is local so if you want to know what’s happing in your neighborhood or city please contact me. I can provide this report on a city level and also provide data for your local neighborhood. You can download a PDF of the report here: AtlanticCountyMarketReport
Why wait until the Spring? There is less competition right now!
Many people always think of the Spring as the best time to sell and buy a home. That typically is when we have the most activity in our market however that doesn’t mean it’s always the best time to sell. Right now we are on the tail end of winter. We have some cold nights and the occasional snow storm and overall the weather is not bad. Buyers are out now shopping for homes. Listing and selling your home now means that your home will competing agains fewer homes for sale. Fewer homes for sale means you may be able to get a better price for your home.
March 2, 2018 Winter storm. Ocean City, NJ
Some of our communities are experiencing an all time low in inventory of homes available. The answer to the questions of when should I sell my house is it depends. It depends on your circumstances, your plans, your neighborhood and your house. There are many factors to consider and I’m here to help you. Contact me for a free consultation to determine when the best time to sell would be for you.