Egg Harbor Township, NJ Real Estate Market Trends

Here's an update on what's happening in the Egg Harbor Township Real Estate Market.

Here’s an update on the trends in the Egg Harbor Township, NJ real estate market.  This chart compares February 2019 with February 2018.  New listings were down 12.8%. Closed sales were also down slightly from 36 units to 33 units.  Days on Market decreased to 70 days.  Median Sales Price went up to $184,000. Up 1.4% from the previous year.  Percentage of list price received also went up to 98.2% of list price.

To interpret this it means that inventory is down and prices are up slightly.  This means we are moving slowly from a buyer’s market toward a seller’s market.  If you are thinking about selling your Egg Harbor Township home it may be a good time to consider selling now.  Also, If you’ve been waiting to buy a home now is a great time to buy before prices continue to increase.  I’f you’re considering buying or selling a home in Egg Harbor Township please contact us for a free consultation.

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Add-On Front Patios

A New Home Trend Front Patios

Front porches and back patios have joined forces. The result is the emergence of the “front yard patio.”

A front yard patio is inviting, which might herald a reversal of a 70 year trend towards hiding out in our houses and entertaining only in our backyards. This condition was a direct result of the age of the automobile, when garages gradually crept to the front of the house at the expense of our porches.

For those of us with garage-dominated or porch-less facades, the front yard patio is a welcome feature—a decorative, as well as functional entertaining space that says, “Hello.”

Front patios can look like almost anything, and be constructed of any material that can be made weed-free and level, including brick, stone, gravel, or wood. They can be attached to the home, wrapped around the front door, or set off on their own. And they can be enhanced by such things as:

  •   A fire pit or heat lamps.
  •   A small side fountain.
  •   Low shrubs or low walls.
  •   Tea lights or lanterns.Front patios are more than simple functional changes in our space and lifestyle. They’re also a smart move for home sellers as they gain traction with buyers who see them as inviting and desirable features that add value to the house.

For more great tips and interesting articles download Matt’s Home News February edition here:  February Newsletter – Matt

Best wishes,

Matt