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Union County Market Reports – July 2014

When you’re ready to buy or sell a home, one of the first steps you need to take is to educate yourself about the local market conditions. Here’s what you need to know this month:

 

For more information on selling your home:

 

Free Comparative Market Analysis of your Clark Home

Do you know what your Clark home is worth? We do!

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Call  us today for a free Comparative Market Analysis! We’ll compare your home with others like it and can usually estimate within 2% of what your home would sell for in today’s market.

 

 

Clark Real Estate Market Update – July 2014

Before you buy or sell a home in Clark, you need to understand the market conditions. Here’s what you need to know this month:

Inventory: There are currently 88 homes on the market in Clark ranging in price from $187,000 to $1,100,000 – definitely something for everyone in this market! Nine homes were sold in June which is very low for June.

Prices: The average and mean sales in June were 38% higher than the 12 month sales average and 30% higher than May. One or two high end sales can create this anomaly so it probably doesn’t have any significance in terms of the summer real estate market. While summer prices typically increase due to supply and demand, July’s numbers should give us a better indication of where the market is heading.

Days on Market: The average sold home in Clark in June was sold after 48 days on the market – a bit slower than the previous several months, but certainly not a slow market!

What this means to you?

Since only 9 homes were sold in June, the inventory will continue to increase. Buyers will find that they have a great selection of homes to choose from and sellers will find that their homes need to be in tip-top showing condition in order to sell.

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For more information on selling a home:

For more information on Clark and Clark Real Estate:

Do you want to buy or sell in Clark?

If you’re thinking of buying or selling a home in Clark, please check out our latest market report.

Here are the highlights:

  • Inventory is up.
  • Prices are up.
  • Homes are selling quickly.

How does this affect you?

  • Buyers have a pretty good selection to choose from, but the well priced homes that are in good condition are selling fast. If you fall in love, act fast!
  • Sellers need to price competitively and make sure that their homes are in great showing condition.

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What’s Up in Clark’s Real Estate Market?

Inventory:

There are currenly 67 homes offered for sale in Clark, slightly under the average for the past 12 months and 18 lower than April of 2013. Eight homes were sold in April, much fewer than last spring but showing a slow increase over the last few months.

Prices:

Average sale price April 2014 – $342,875

Average sale price April 2013 – $476,827

Average sale price March 2014 – $399,600

clark domTime to sell your home:

Homes are flying off the proverbial shelf in Clark this spring! The average home that sold in April was sold after only 25 days on the market – faster than any times since April of 2013 (24 days).  This is among the fastest turnarounds in Union County.

For more information on selling a home:

For more information on Clark and Clark Real Estate:

Clark Real Estate Market Update

clark inventory

Prices: The average sale price of a home in Clark in March, 2014, was $399,600 which is about 14% higher than March of 2012.

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Inventory: There are currently 58 single family homes offered for sale in Clark at an average list price of $452,728.  Five homes were sold in March of 2014, only half of that sold in March of 2013.

If you’re thinking about selling your Clark home, get a free Comparative Market Analysis here.

For more information on selling a home:

For more information on Clark and Clark Real Estate:

Clark Real Estate Market Report

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Inventory is way down in the Clark real estate market with only 33 homes actively listed today

 

 

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Prices in Clark continue to rise. The average home that sold in Clark in February was sold for $410,667 – nearly 21% more than the average home sold in February 2012

 

 

 

If you’re thinking about selling your Clark home, get a free Comparative Market Analysis here.

For more information on selling a home:

For more information on Clark and Clark Real Estate:

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