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.
For more information on selling a home:
- How do you get a CCO in Clark? 3/3/2014
- 3 Simple Steps To Selling Your Home Fast - 03/26/12
- 4 Ways to Get Union County Homes to Sell Quicker!! - 01/12/12
For more information on Clark and Clark Real Estate:
- Do You Want to Buy or Sell in Clark? – June 21, 2014
- What’s Up in Clark’s Real Estate Market? - 5/17/14
- Clark Market Report- 4/17/14
- Clark Real Estate Market Report - 3/8/2014
- How do you get a CCO in Clark? - 3/3/2014
- Sold! 35 School Street - 2/3/2014
- For Sale – Single Family homes in Clark - 1/11/2014
- Real Estate in Clark, NJ - 12/9/2014
- The Clark Real Estate Market Report - 11/7/2013
- How’s the Real Estate Market in Clark, NJ? - 10/2013
- Months of Supply in Clark, NJ - 06/25/13
- Real Estate Market Report for Clark, NJ for April, 2013 - 05/06/13
- Why we love Clark, NJ
- Clark, NJ, Market Report for January-March, 2013
- Clark to build a new Town Center
- How long will my Union County home be on the market?
- A Historical look at the January Real Estate Market in Clark
- Clark Market Report – January-November, 2012
- What’s Happening in the Clark Real Estate Market? - 10/25/12
- How do additional bathrooms or bedrooms affect market value in Clark? - 10/17/12
- Clark Market Report – August 2011 to August 2012
- Free Market Analysis of Clark, NJ
- 108 Homes Sold in Clark, NJ, so far in 2012! - 07/09/12
- It’s time to buy in Clark! - 02/26/12
- Clark, NJ, Market Study - 02/13/12