barnegat housing market: Barnegat Housing Inventory Up Significantly - 10/19/18 01:45 PM

Is the increase in the Barnegat housing inventory a bullish or bearish sign for real estate?
In a recent article, National Housing Inventory Crisis Reaches Inflection Point, realtor.com reported that:
In Barnegat, new listings are up 36.8% over the same time last year. Nationally, new listings jumped 8% year-over-year nationally, the largest increase since 2013 Total listings in Barnegat are up 37.7% over the same time last year.  Total listings in the 45 largest markets are now up 6% on average over last year Search for Homes in Barnegat
This increase in housing inventory has sparked two different reactions. Some are saying this is the first … (0 comments)

barnegat housing market: Barnegat Housing Market Summary April 2018 - 05/07/18 05:54 AM

 
Barnegat Housing Market Trends for the month of April 2018. (See charts below)
Number of Listings Chart: The Number of Listings chart displays listings counts by status.
Barnegat Active Listings: 257 total as of the end of April, up 31.1%, up 25.3% year to date Barnegat New Listings: 85 for the month, up 49.1% for the month, up 16.4% year to date Barnegat Sold Listings: 26 for the month, down 7.1% for the month, up 12.3% year to date. Explanation: Active listings: How many listings were for sale during each month. The number of active listings is a "snapshot" of active listings on the 15th of … (0 comments)

barnegat housing market: How Much Equity is in Your Barnegat Home? - 03/21/18 05:23 AM

Are you aware of how much equity you have in your Barnegat home? You may be surprised!
CoreLogic’s latest Equity Report revealed that 675,000 US homeowners regained positive equity in their homes in 2017. This is great news for the country, as 95.1% of all mortgaged properties are now in a positive equity situation.
“U.S homeowners with mortgages (roughly 63% of all the properties) have seen their equity increase by a total of $908.4 billion since the fourth quarter 2016, an increase of 12.2%, year over year.”
What’s Your Barnegat Home Worth? Get a FREE, no obligation, instant valuation.
In Barnegat, sold home prices rose by over 7.5% … (1 comments)

barnegat housing market: Barnegat Real Estate Market Trends End of Year 2017 - 01/01/18 09:20 AM

Barnegat Housing Market Trends for the month of December and Year to Date, 2017. (See charts below)
Number of Listings Chart: The Number of Listings chart displays listings counts by status.
Barnegat Active Listings: 221 total as of the end of December, up 17.6%, up 0.2% year to date Barnegat New Listings: 40 for the month, up 25% for the month, up 8.1% year to date Barnegat Sold Listings: 34 for the month, up 17.2% for the month, up 3.4% year to date. Explanation: Active listings: How many listings were for sale during each month. The number of active listings is a "snapshot" … (2 comments)

barnegat housing market: Barnegat Housing Market Trends November 2017 - 11/09/17 05:06 PM

Barnegat Housing Market Trends for the month of October and Year to Date, 2017. (See charts below)
Number of Listings Chart: The Number of Listings chart displays listings counts by status.
Barnegat Active Listings: 187 total as of the end of October, down 6.0%, down 4.6% year to date Barnegat New Listings: 71 for the month, up 69% for the month, up 2.6% year to date Barnegat Sold Listings: 31 for the month, down 34.0% for the month, up 0.3% year to date. Explanation:
Active listings: How many listings were for sale during each month. The number of active listings is a "snapshot" … (0 comments)

barnegat housing market: The Truth About Barnegat Homeowner Equity - 10/29/17 10:55 AM

Barnegat home owners may have more equity than they know.
A recent article from a reputable news source was titled: Here's why some homeowners still can't sell. In the opening bullets of the article, the author claimed, “Negative equity is one of the main reasons why there are so few homes for sale.” The article then goes on to soften that stance but we want to bring better clarity to the equity situation.
A current report from CoreLogic (which was quoted in the article) revealed that over 80% of all homes now have “significant equity,” which means the home has over 20% equity. That level of equity allows the homeowner … (1 comments)

barnegat housing market: Barnegat Homeowners: Do You Know Your Home’s Value? - 09/07/17 02:23 PM

Locally, Barnegat’s average price is up 10.12% in 2017 in comparison to year-to-date 2016. Median home sale price in Barnegat is up almost 15% over the same period. 43 homes sold in August of 2017 in comparison to 55 in August of 2016… but that decrease is mostly due to lack of homes available for sale. 255 homes have sold so far this year, 247 sold year-to-date in 2016. In other words, it’s a seller’s market in Barnegat.
What's Your Barnegat Home Worth? - Get a Free, Instant Valuation
The latest edition of CoreLogic’s Home Price Index shows that nationally, home prices have appreciated 6.7% over … (1 comments)

barnegat housing market: Barnegat Housing Market - July 2017 - 07/02/17 09:28 AM

Barnegat Housing Market Trends, July 2017 - Home Sale Prices Up Over 12%!!
It’s a “seller’s market” in Barnegat! And here are the stats to prove it. All statistics are year-to-date for 2017 in comparison to 2016.
Average List Price of a Barnegat home is up 1.19%.
List price refers to the current list price of a listing
Median Sale Price of a Barnegat home is up 12.31%
A median price is where half the prices are higher and half the prices are lower.
 
 
Absorption Rate of Barnegat homes is at 5.62 months, down almost 27%! 
The Absorption Rate, in Months shows how long the current inventory of properties … (1 comments)

barnegat housing market: Barnegat Housing Market Trends, April 2017 - 04/12/17 11:23 AM
Barnegat Real Estate Market Trends - April 2017
Barnegat real estate conditions are changing and your Barnegat Market Insider provides valuable, up-to-date information about Barnegat Housing Trends. View critical information about what is happening now, in the Barnegat Real Estate Market! Please note that these statistics are changes over the last 30 days, they don't represent overall listing and sold prices.
Barnegat Homes for Sale
 
Buying or selling a home in Barnegat involves many factors. Stay on top of current Barnegat community trends by viewing these listing and sale prices, demographics, school performance, area comparisons, and more. Of course, you can always call or email for help … (0 comments)

barnegat housing market: Barnegat Housing Market Trends - February 2017 - 02/17/17 10:22 AM
Barnegat Real Estate Market Trends - February 2017
Barnegat real estate conditions are changing and your Barnegat Market Insider provides valuable, up-to-date information about Barnegat Housing Trends. View critical information about what is happening now, in the Barnegat Real Estate Market! Please note that these statistics are changes over the last 30 days, they don't represent overall listing and sold prices.
Barnegat Homes for Sale
Buying or selling a home in Barnegat involves many factors. Stay on top of current Barnegat community trends by viewing these listing and sale prices, demographics, school performance, area comparisons, and more. Of course, you can always call or email … (0 comments)

barnegat housing market: Barnegat Housing Market Trends January, 2017 - 01/11/17 08:54 AM
Barnegat Housing Market Trends - January 2017
Barnegat real estate conditions are changing and your Barnegat Market Insider provides valuable, up-to-date information about Barnegat Housing Trends. View critical information about what is happening now, in the Barnegat Real Estate Market! Please note that these statistics are changes over the last 30 days, they don't represent overall listing and sold prices.
Buying or selling a home involves many factors. Stay on top of current community trends by viewing these listing and sale prices, demographics, school performance, area comparisons, and more. Of course, you can always call or email for help understanding what this information really means for you.
 
Learn … (1 comments)

barnegat housing market: Barnegat Housing Market Trends - December 2016 - 12/10/16 09:38 AM
Barnegat Housing Market Trends - December 2016
Local real estate conditions are changing and your Barnegat Market Insider provides valuable, up-to-date information about Barnegat Housing Trends . View critical information about what is happening now, in the Barnegat Real Estate Market! Please note that these statistics are changes over the last 30 days, they don't represent overall listing and sold prices.
 
 
 
 
Learn more about successfully selling or buying a home and check out a whole library of tips and articles to help you!
As always, thank you for your time and feel free to get in touch if you have any questions. Karl Hess, Keller … (2 comments)

barnegat housing market: Barnegat Housing Market Update, October 2016 - 10/12/16 12:59 AM
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barnegat housing market: Barnegat Housing Market Update, September 2016 - 09/13/16 09:46 PM
 
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barnegat housing market: Barnegat Housing Market Update, August 2016 - 08/19/16 04:17 AM
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barnegat housing market: Barnegat Housing Market Update, July 2016 - 07/09/16 04:57 AM
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barnegat housing market: Barnegat Housing Market Update, June 2016 - 06/16/16 01:28 AM
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barnegat housing market: Barnegat Housing Market Update, May 2016 - 05/19/16 01:39 AM
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barnegat housing market: Barnegat Housing Market Update, March 2016 - 03/10/16 05:25 AM
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barnegat housing market: Barnegat Housing Market Trends Dec, 2015 - 12/09/15 04:38 AM
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Karl Hess, on The Jersey Shore (Keller Williams Shore Properties)

Karl Hess

on The Jersey Shore

Barnegat, NJ

More about me…

Keller Williams Shore Properties

Address: Keller Williams Ocean County, Toms River, NJ, 08753

Office: 732.797.9001 ext 824

Mobile: 609.553.7926



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