Linden Months of Supply

By
Real Estate Agent with Samsel & Associates 0790808

Real Estate Professionals judge the strength of a real estate market based upon the Months of Supply in the area. This number tells you how many months it would take for all the current homes for sale on the market to sell, based upon the rate of sales in the past.

A Months of Supply of 5 months is considered average - buyers and sellers are about equal in the area and homes are being bought at about the same rate that they are being put on the market.

A Months of Supply of less than 5 months is what real estate professionals often call a "seller's market." This means that there are more buyers than sellers in the area and homes are selling quicker than they are being put on the market. Typically, this increases prices.

A Months of Supply of greater than 5 months is what real estate professionals call a "buyer's market." This means that there are more sellers than buyers in the area and homes are sitting unsold for a while. Typically, this decreases prices.

How's Linden doing? We crunched the numbers and the graph below shows how the real estate market in Linden is shaping up this summer. To understand how this affects you, call us today for a complimentary homeowner’s consultation.


For more information on Linden Real Estate:

Sell my Linden home! - 06/25/13

Beautiful 3 BR home in Linden offered for sale! - 06/01/13

Linden Real Estate Market Report - April, 2013 - 05/26/13

Linden Real Estate Market Report - January-March, 2013 - 04/20/13

602 W. Curtis Street, Linden - 04/04/13

How long will my Union County home be on the market? - 02/24/13

For Sale - 904 Kent Place, Linden - 12/10/12

Linden Real Estate Market - 2012 in Review - 01/07/13 

Still a Buyer's Market in Linden! - 10/29/12

How do additional bathrooms or bedrooms affect market value in Linden? - 10/14/12

Free Market Analysis of Linden, NJ - 07/30/12 

Linden, NJ, Market Report - 1st half of 2012 - 07/09/12 

 

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~ Wayne & Jean 

Union County, NJ - a great place to live and work!

If you're looking to buy or sell a property in Union County, call us at 908-917-4189 or email TeamZuhl@gmail.com.

 

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All opinions, information and data provided is deemed reliable but is subject to errors and omissions. Not intended to solicit other Brokers' clients. We cooperate with them fully. 

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Topic:
Real Estate Market Trends
Location:
New Jersey Union County Linden
Tags:
buying a home
selling a home
absorption
months supply
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Rainmaker
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Chris and Dick Dovorany
Homes for Sale in Naples, Bonita Springs and Estero, Florida - Naples, FL
Broker/Associate at Premiere Plus Realty

Buyers market, how interesting.  Everyone (lots not really everyone) is calling their market a sellers market.  Here in Naples we're low on a few specifics like luxury (not ultra luxury) homes around $1m but everything else seems just fine.

Jul 11, 2013 11:48 PM #1
Rainmaker
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Wayne & Jean, sure nice to show buyers and sellers where the market is at the moment.     It is nice when you have a "stable" market and it does not favor either side.

Jul 12, 2013 07:50 AM #2
Rainmaker
1,273,342
Wayne and Jean Marie Zuhl
Samsel & Associates - Clark, NJ
The Last Names You'll Ever Need in Real Estate

Still working on excess inventory, Chris and Dick. 

Thanks for stopping by, Joan.

Jul 12, 2013 07:54 AM #3
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Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

Great information on your local inventory for the housing market!

Jul 12, 2013 08:55 AM #4
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Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Wayne and Jean Marie, this is a very good illustration especially for sellers.  It demonstrates that real estate is local and not everything that is reported in the media about the market applies to all areas all the time. Good job.

Jul 12, 2013 09:18 AM #5
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Rainmaker
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Wayne and Jean Marie Zuhl

The Last Names You'll Ever Need in Real Estate
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