|
Spring 2012 Market Update
Summer is right around the corner. We have seen increased buyer activity with many homes going under contract. We believe there is a window of opportunity to capture
|
|
| Average Home Price | $2,500,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 0-5% |
| Average Time on Market | More than 120 days |
| Best Selling Price Range | $1,000,000+ |
| Worst Selling Price Range | $600,000 - $649,000 |
| Prices As % of Asking Price | 90-95% |
| Existing Home Prices for the past 90 days are? | Increasing |
| Market Trend | No Change |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Buyer Activity for the past 90 days in Bay Head is | Increasing |
| Seller Activity for the past 90 days in Bay Head is? | No Change |
| Multiple Offers? | No |
| Multiple Offers Commentary | We are seeing a bit more multiple offers occuring in our market. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Limited Supply |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Excellent interest rates coupled with increasing number of buyers provdes the perfect climate to either buy or sell. |
| Nearest Metro Area | New York/North Jersey |
| Housing Hot Spots | The towns of Mantoloking, Spring Lake, Sea Girt, Normandy Beach and Lavallette are considered ’Housing Hotspots’ |
| Average Sold Price | $2,500,000 - View Graph Trend |
Bay Head Local News
News for Bay Head, NJ - December 7th, 2011 1:52pm
Bay Head continues its love affair with water. With the Atlantic Ocean and Barnegat Bay Bay Head is the perfect location in which to live. The market in general remains exciting. Homes on the ocean continue to sell between $4 million and up while bayfronts trade in the high twos and threes. With the holidays brings opportunities.
Contact Information
Karen & Richard Hewson
Richard: 848-333-3387 or Karen: 848-333-3389
Request More Information Let me answer your questions!
Ask Me!
Blog Archives
Mortgage Rates
– May 28th, 2012 –
---------------------------------
30 yr. fixed rate: 3.82%---------------------------------
15 yr. fixed rate: 3.11%
30 yr. jumbo rate: 4.38%
15 yr. jumbo rate: 3.61%
Home Values
StreetZip Code
Agent quarterly survey shows growing optimism toward a housing market recovery
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
| |
Request More Information Let me answer your questions! Ask Me!
Karen & Richard Hewson
Gloria Nilson, REALTORS, Real Living
|
 Richard: 848-333-3387 or Karen: 848-333-3389
|
| Receive New Listings by Email | Get Free Monthly Newsletter | Find Bay Head Homes for Sale | Search Bay Head Real Estate |
(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
New Jersey Homes for Sale |
New Jersey Real Estate News | Homes for Sale |
Real Estate Market News | Hot Markets
| Agents Join
“Your #1 resource for finding Homes for Sale, How Much My Home is Worth, Community Information and Real Estate Agents!”
© Copyright 1995-2012 HouseHunt Inc - All Rights Reserved