Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Holmdel and take advantage currently of the lower asking prices currently available. Low rates with slightly falling home prices makes a home purchase a great value! Call now for more information at 732-995-5217

Average Home Price $750,000 - View Graph Trend
Average Price Compared to Last Year Down 5-10%
Average Time on Market 90-120 days
Best Selling Price Range$700,000 - $749,000
Worst Selling Price Range$1,000,000+
Prices As % of Asking Price 90-95%
Existing Home Prices for the past 90 days are?Decreasing
Market Trend Decreasing
Buyers’ or Sellers’ Market More sellers than buyers
Buyer Activity for the past 90 days in Holmdel isNo Change
Seller Activity for the past 90 days in Holmdel is?No Change
Multiple Offers?No
Multiple Offers CommentaryIf a home is priced well in Holmdel and additionally is updated, specifically Kitchen and Baths, there may be multiple offers being presented.
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?5-10%
Is Financing Available For Qualified Buyers?Yes
Housing Inventory Good supply - Some Prices
Greatest Activity Repeat Buyers
Reason to Buy/Sell Lower prices with good selection and competitive interest rates creates a perfect time to buy in Holmdel!
Nearest Metro AreaNew York City
Housing Hot SpotsRentals up significantly in Monmouth County as well as Sale of Townhomes.
Average Sold Price $750,000 - View Graph Trend

Holmdel Local News


News for Holmdel, NJ - Wednesday March 24th, 2010 10:51am
The Holmdel Real Estate market is in a state of transition. Currently, because the inventory in the $900,000 to $1,500,000 price range is so limited, if the home is priced well, there are usually 2 or more contracts submitted as soon as the home appears on the market. The prognosis is excellent for the Holmdel real estate market, with many more Buyers looking to relocate into this very popular townswhip. Don't miss out on the all time low mortgage rates to purchase your next home in lovely Holmdel township.

News for Holmdel, NJ - Monday March 15th, 2010 3:45pm
Now is the time to purchase your dream home, with interest rates and prices at the lowest level in many, many years. The real estate market has started to increase with the sales of first time home buyers as well as the executive level homes. Don't miss the boat

News for Holmdel, NJ - Monday March 15th, 2010 3:42pm
Now is the time to purchase your dream home, with interest rates and prices at the lowest level in many, many years. The real estate market has started to increase with the sales of first time home buyers as well as the executive level homes. Don't miss the boat!

News for Holmdel, NJ - Friday October 16th, 2009 9:14am
Now is the time to purchase your dream home, with interest rates and prices at the lowest level in many, many years. The real estate market has started to increase with the sales of first time home buyers as well as the executive level homes. Don't miss the boat!
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Brenda G Schofield
Brenda G Schofield
     732-995-5217
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March 2010 (3)

October 2009 (1)

Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
 30 yr. fixed rate:     3.89%
 15 yr. fixed rate:     3.21%
  30 yr. jumbo rate:  4.60%
  15 yr. jumbo rate:  3.96%

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Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Brenda G Schofield
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Brenda G Schofield
Heritage House Sotheby's International Realty
Heritage House Sotheby's International Realty

  732-995-5217




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