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Quick home sales in Clark

By
Real Estate Agent with Remax First Realty II 0790808

Before you buy or sell a home in Clark, it's important to first understand how current market conditions compare to past market conditions and what that means for the future. Here's what you need to know for August, 2016.

Inventory: There are currently 81 homes offered for sale in Clark. The blue line in the graph below shows the active listings for the last 4 years. It is normal for summer inventory to be higher than winter inventory and this year is no exception. There were 15 homes sold in July. The red line at the bottom of the graph shows the number of sold homes in Clark for the last 4 years. The straight red line is the trend line and it shows that the number of sold listings continues to increase. With increased sales in the summer, the inventory will drop down this autumn.  The law of supply and demand predicts that this will result in increasing home prices in Clark.

Prices: The average sold home in Clark in July was sold for $344,088. That's a little low for Clark and it's reasonable to predict that will correct itself with higher average sale prices next month. While there are still many fluctuations from month to month, the straight line in the graph below shows that prices continue to grow in Clark.

Days on Market:  Sellers who want to sell their home quickly should work with their Realtor to ensure that the home is priced competitively, is in excellent showing condition, and is being marketed with an aggressive marketing campaign. The average Days on Market for a sold home in Clark in July was 29 days. The graph below gives a great picture of the steady improvement in Days on Market in Clark for the past several years.

If you are a buyer or a seller interested in a home in Clark, New Jersey, please call Team Zuhl! We're happy to help you in all of your real estate needs!

For more information on selling a home:

For more information on Clark and Clark Real Estate, please click here.

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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. 

Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

great graphics...for saying gone quickly !

Aug 01, 2016 11:34 AM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Excellent report on the real estate market in Clark, NJ.

Aug 01, 2016 12:45 PM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Excellent market report on Clark Wayne and Jean Marie Zuhl

Aug 01, 2016 12:53 PM
Roy Kelley
Retired - Gaithersburg, MD

This is very good information to share with prospective home buyers and home sellers.

Aug 01, 2016 11:15 PM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Wayne and Jean

Well that's certainly saying a mouthful in a clever and easy-to-understand way. The message is clear!!

Jeff

Aug 01, 2016 11:54 PM