Market Statistics For Atlantic County, NJ 2016
I have several clients investing in real estate in this market. Prices are low inventory is high and it’s a great market to buy and hold. I also have investors looking to flip properties. I’ve put together some interesting statistics that should be helpful for people looking to invest in the Atlantic County, NJ real estate market.
Market statistics as of 12/22/16 For Atlantic County NJ
| City | Number of sales In 2016 Year to Date | # of homes for sale | # sold/month | % sold/month |
| Galloway | 349 | 311 | 29.08 | 9.35% |
| Absecon | 122 | 98 | 10.17 | 10.37% |
| Port Republic | 9 | 7 | 0.75 | 10.71% |
| Egg Harbor Twp | 548 | 362 | 45.67 | 12.62% |
| Hamilton Twp | 278 | 219 | 23.17 | 10.58% |
| Somers Point | 127 | 86 | 10.58 | 12.31% |
| Northfield | 130 | 84 | 10.83 | 12.90% |
| Linwood | 98 | 85 | 8.17 | 9.61% |
| Pleasantville | 224 | 121 | 18.67 | 15.43% |
Sunset, Port Republic, NJ
This first chart shows some of the mainland areas, the number of homes sold and % of homes that sold. The highest % sold was Pleasantville at 15.43%. Pleasantville was followed by Northfield, Egg Harbor Township and Somers Point.
It’s also interesting to look at the number of sales in certain price ranges to see what price ranges have been selling the most. Homes in the $150,000-$200,000 are selling most followed by $200,000-$250,000.
| Sold Price | Number of sales by price point |
| 0-50k | 94 |
| 50-100k | 214 |
| 100-150k | 307 |
| 150-200k | 468 |
| 200-250k | 350 |
| 250-300k | 159 |
| 300-350k | 56 |
| 350k-400k | 33 |
| 400-450k | 23 |
| 450-500k | 16 |
| 500-550k | 7 |
| 550+ | 10 |
*Includes these areas: Galloway, Absecon, Port Republic, Egg Harbor Twp,
Hamilton Twp, Somers Point, Northfield, Linwood
I also get asked frequently how long it’s taking to sell homes so I broke that out based on the number of bedrooms. Three bedroom homes are selling faster. This is most likely due to their lower price point.
| 3 bedroom | Average 71 days on market |
| 4 bedroom | average 91 days on market |
Now is a great time to buy, sell and invest in real estate in Atlantic County. Contact us for a free consultation to help you evaluate your opportunities in today’s market. Matt
7 Quick, Easy Ways to Winterize
Winter is coming soon. Are you ready?
November is a great time to winterize your home in preparation for colder weather. Here
are a few quick, inexpensive tips for cutting your heating bills.
1. Use a draft snake. This device was adopted during the Great Depression, and is one of
the easiest ways to cut the cold. It’s a long sack filled with sand or kitty litter that you
can push into the crack under doors to stop drafts. You can buy a pre-made draft
snake, or make your own.
2. Change the direction of your ceiling fans. Heat rises, so pulling the heat down from the
ceiling will warm your room up fast.
3. If you used a window AC unit in the summer, remove it for winter. Warm air escapes
through the vents and the areas around the unit.
4. Service your heating unit and replace filters. An efficient heating unit will work better
and cost less to run.
5. Consider using window insulation film. This thin layer of film sticks right onto your
windows and adds up to 70% more heat retention.
6. Use a candle to detect subtle air leaks. Light a candle, then move it all around the edge
of your windows. If the flame wiggles in the breeze, then caulk that spot on the window.
7. If you have a fireplace, keep the flue closed when not in use to prevent heat from
escaping and cold air from working its way down into the house.
For more tips and articles view and download my November Newsletter: november-newsletter-matt
Healthy Pets Save Money
If your like me your pets are part of the family. We love our pets, but they can be expensive to care for, especially as they age. You never want to have to choose between your pet and your bank balance, so consider these simple tips for saving money while keeping Fido or Fluffy healthy and happy:
Our Family Springer Spaniel Marta
Get regular checkups. The money you spend on vaccinations, spaying/neutering, and
routine medical care will pay off in preventing more expensive illnesses later.
Groom at home. Lots of grooming—brushing, washing, clipping claws—can be done
on your own. Also learn to do the unpleasant tasks of cleaning ears and anal glands.
Get annual dental care. Talk to your vet about keeping your pet’s teeth clean and
preventing infections. Dental problems are one of the leading causes of dog or cat
health problems as they age.
New Construction Open House. Immediate occupancy
Come join us for an open house at the Village Grande English Mill in Egg Harbor Township, NJ
Imagine your new home in a fabulous community where the lawn maintenance and snow removal are taken care of for you. Imagine living in a brand new home without having to worry about repairs. If you are 55 and over you’ll want to visit the Village Grande English Mill in Egg Harbor Township. We have very limited home sites left before English Mill is completely Sold Out!
213 Ivy Road, Egg Harbor Township, NJ 08234 Move In Ready new home for sale.
Come in and take advantage of purchasing one of our inventory homes, settle in and call The Village Grande home for the Holidays!! Prices start in the low $200,000 range.
We invite you to come join us Sunday, October 2 nd from Noon to 2pm for our “Fall in Love with our Grande Lifestyle”, Event. Our Event is being held at 211, 213 and 215 Ivy Road, Egg Harbor Township, NJ 08234
Please bring the grandchildren for our pumpkin decorating station! Light refreshments will be served. I will be on site to give you some tips and answer questions about selling your current residence. We will also have our mortgage representative, Hector Ramos from MDE Home Loans, here to answer questions and guide you through the finance process.
Of course we will have current residents here to give you some input and tell you all about the activities and how much they have “fallen in love with our Grande lifestyle”!
We will also be here to give you a personal tour of the community, clubhouse, models and inventory homes!
Hope to see you there!
Matt
Fall In Love With Your Home!
Is it better to move in the Spring/Summer or Fall/Winter?
Here’s a quick post to let you know how I can help you and the people you feel comfortable
introducing me to.
If you or someone you care about had been thinking about buying or selling a home in the spring or summer and decided to wait, there is a subtle yet important shift to moving in the fall that deserves consideration.
Summer moves are often triggered by family needs, while fall and winter moves are frequently influenced by external factors such as work. Whether you are buying or selling, here are critical seasonal influencers which affect the value of a home.
It is important that you know I optimize marketing strategies based on several factors that influence your micro-market. The next time you notice a person who is falling into an autumn or winter move and you know they’d benefit from my help, call or text me immediately. I promise they’ll be delighted you introduced us.
Matthew Haviland, Your Real Estate Consultant For Life
Keller Williams Realty Atlantic Shore 609-484-9890 ext 132
Clean Dryer Vents to Avoid House Fires
Did you know there are approximately 25,000 dryer fires every year in North America, and most of them occur because lint builds up in the dryer or the exhaust duct?
A lint-clogged exhaust duct can also push warm, moist air into your wall cavities and attic, encouraging mold growth and potentially starting a fire! Here are some tips for preventing lint fires.
Remember to clean the lint screen before or after drying each load of laundry.
Using a vacuum attachment, vacuum out the lint screen housing.
Carefully pull the dryer away from the wall and remove the duct that connects your dryer to the duct in your wall. Vacuum out the back of the dryer, the dryer duct, and the wall duct as much as possible, using a long vacuum attachment. Take care when reattaching the duct and pushing the dryer back into place that the duct does not detach from the wall or dryer, and that it doesn’t kink or crush.
Clean the dryer vent cover on the outside of your home by removing any blockage and lint. Vacuum out the vent as far as you can using a long vacuum attachment. Turn the dryer on when you are finished and make sure that you feel the exhaust air from the dryer exiting your home.
Keep the area around the dryer clean and free of clutter. If you suspect the vent has built up lint that you can’t get out, remove and replace the vent with a new piece.
To view and download my September Newsletter full of great tips and articles click here: september-newsletter-matt
What Do Baby Boomers And Millennials Share?
Here’s a quick note to let you know how I can help you and the people you feel comfortable introducing me to.
This year there are more healthy and happy baby boomers over 65 than ever before. At the same time, there are more millennials than ever before, many of whom are well-educated, but paying the price in terms of high student debt, which keeps them living with their boomer parents longer.
Despite their financial and age differences, both these groups want the best for themselves and each other. For that reason, they appreciate the input of family and friends when choosing a product or service. Both prefer an enthusiastic introduction over the thought of working with the unknown.
It’s important you know I skillfully work with people of many income brackets.
Whether you know a person with a lot of student loan debt or someone who could pay cash for their next home, I love helping people make good financial decisions. The next time you notice someone who would benefit from my help, call or text me immediately. I promise they’ll be delighted you introduced us.
Matthew Haviland, Your Real Estate Consultant For Life
Keller Williams Realty Atlantic Shore 609-484-9890 ext 132