Clark Real Estate Market Report - July 2014
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In this slide show, we explain the current trends in the real estate market in Clark, NJ. compare it to previous years, and offer advice to home buyers and sellers in Clark.
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Clark Real Estate Market Report - July 2014
- 1. How’s the Real Estate Market in Clark? July, 2014
- 2. If you're planning on buying or selling a home in Clark, the first step is to learn about the Clark real estate market conditions.
- 3. Inventory There are currently 65 homes offered for sale in Clark and they range in price from $179,000 to $1,149,000. 0 20 40 60 80 100 120 Homes Homes Listed and Sold - Clark, NJ
- 4. Inventory 12 month avg= 68.5 July 2014 = 85 July 2013 = 92 July 2012 = 96 0 20 40 60 80 100 120 Homes Homes Listed and Sold - Clark, NJ July ‘12 July ‘13 July ‘14 12 month avg
- 5. Inventory 12 month avg= 68.5 July 2014 = 85 July 2013 = 92 July 2012 = 96 0 20 40 60 80 100 120 Homes Homes Listed and Sold - Clark, NJ * Very low inventory for this time of year! How will that affect prices? July ‘12 July ‘13 July ‘14 12 month avg
- 6. Prices The average selling price of a home in Clark in July was $455,580. 0 100000 200000 300000 400000 500000 600000 Average Sale Price and List Price - Clark, NJ
- 7. Prices 12 month avg = $407,528 July 2014 = $ 455,580 July 2013 = $367,169 July 2012 = $350,833 0 100000 200000 300000 400000 500000 600000 Average Sale Price and List Price - Clark, NJ July ‘12 July ‘13 July ‘14
- 8. Prices 12 month avg = $407,528 July 2014 = $ 455,580 July 2013 = $367,169 July 2012 = $350,833 0 100000 200000 300000 400000 500000 600000 Average Sale Price and List Price - Clark, NJ July ‘12 July ‘13 July ‘14 * Definite upward trend in average sale price.
- 9. Days on Market The average sold home in Clark in July was sold after 39 days. 0 20 40 60 80 100 120 140 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Average Days on Market - Clark, NJ
- 10. Days on Market 12 month avg = 54 July 2014 = 39 July 2013 = 69 July 2012 = 114 0 20 40 60 80 100 120 140 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Average Days on Market - Clark, NJ July ‘12 July ‘13 July ‘14
- 11. Days on Market 12 month avg = 54 July 2014 = 39 July 2013 = 69 July 2012 = 114 0 20 40 60 80 100 120 140 Jan-12 Feb-12 Mar-12 Apr-12 May-12 Jun-12 Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Average Days on Market - Clark, NJ July ‘12 July ‘13 July ‘14 * Buyers are buying fast in Clark!
- 12. What does this mean to you? Very low inventory for this time of year! If you’re planning to BUY a home, this might be a great time to get a deal! If you’re planning to SELL a home, you need to make sure your home is in top showing condition and that it’s priced right so that it stands up to the competition!