Tag Archives: market

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The Wildwoods & Diamond Beach Market Statistics For 4th Quarter of 2015

What's happening in the real estate market at The Wildwoods and Diamond Beach 2015

Here is an overview of the real estate market for The Wildwoods and Diamond Beach.  4th Quarter average sales price was $309,101.  This up 3% from the 3rd quarter of 2015 and up .07% from the 4th quarter of 2014.  Median sales price was a$255,000.  That’s a 6% increase from the 3rd quarter and a decrease of 8.8% from the 2014.  204 units sold in the 4th quarter of 2015.  That a decrease of 2.4% from the 3rd quarter and an increase of 8.5% from 2014.  Days on the market has gone down to 132.  That 3 days less than the 3rd quarter and 15 days less than it was a year ago.  Now is a great time to buy, invest and sell at the shore!  For more information on Wildwoods and Diamond Beach Real Estate contact me.  Matt

Wildwoods and Diamond Beach real estate statistics 4th quarter 2015

Wildwoods and Diamond Beach real estate statistics 4th quarter 2015

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Ocean City, NJ Market Statistics 4th Quarter Of 2015

What's going on in the Ocean City, NJ Real Estate Market For 2015 4th Quarter.

Here’s what’s happening in the Ocean City, NJ real estate market:

Average sales price of $588,770 has gone down by 1% compared to the 3rd quarter of 2015 and down 1% from 4th quarter of 2014.  Median sales price of $481,000 is down 7% compared to the 3rd quarter and 1% down from 2014.  Sales volume of 222 units sold is down 7% from the 3rd quarter and up 2% from 2014.  Days on market has gone up also to 128 days on market.

Right now is a great opportunity to buy sell and invest in Ocean City.  Please contact me for more information on Ocean City, NJ real estate.  Matt

Market Report For Ocean City, NJ 4th quarter 2015.

Market Report For Ocean City, NJ 4th quarter 2015.

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What’s Your Home Worth in a Declining Market?

Here’s a quick note to let you know how I can help you—or anyone you feel comfortable introducing me to.

It’s no secret that parts of our area are experiencing declines in the real estate market. Home prices are not going up for many area.  Take a look at the charts showing the Mainland area real estate market (Galloway, Egg Harbor Township, Northfield, Pleasantville, Absecon, Port Republic, Egg Harbor City, Mullica Township, Hammonton, Linwood, Northfield, Somers Point, Beuna and Hamilton Township.)  A healthy real estate market depends on a balance of buyers and sellers being able to move in and out of the market.  Right now we are seeing a buyer’s market in the mainland communities.

CMM_Report_SupplyAndDemand_chart CMM_Report_UnitsExpired_chart CMM_Report_UnitsForSale_chart CMM_Report_UnitsSold_chart CMM_Report_SoldForSaleMedianPrice_chart For sellers, the implication is that they will need to price their homes more competitively. A competitive price will attract more interest than a higher price. In the end, the higher priced property usually sells for the same as the competitively priced home, but just takes longer to sell.

If you or someone you know is thinking about selling, contact me to get a price analysis to help plan your sale: 609-338-3773. Also ask for a copy of my free report, How Sellers Price Their Homes.

Matthew Haviland, Your Real Estate Consultant For Life Keller Williams Realty Atlantic Shore 609-484-9890 ext 132

P.S. Do you know someone else who’s thinking about selling their home? Please introduce us so that I can help them get the most money possible from the sale