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Have You Been to the Clark Commons?

Just about one year ago this week, the first store at the Clark Commons opened.  The grand opening of the Modell’s store, where members of the NY Giants were in attendance for the ribbon cutting and to do signings.

Now it’s a year later and all the stores and restaurants are open.  The anchor of the Commons is the Whole Foods, this store is absolutely beautiful and features the Clark Bar, a beer and burger bar.  There are are at least seven restaurants to satisfy any appetite in the Commons.  Some other stores are Michael’s, Dress Barn, Petco, 5 Below and Home Goods to name a few.  There’s also a PNC Bank branch and a large LA Fitness Facility.

This complex has added a lot of new jobs to Clark.  With such easy access from the Garden State Parkway the Clark Commons is becoming the place to be!

Clark homes selling fast this summer

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.  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.  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.

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.

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.

Clark Real Estate Market Report

Hello Clark homeowners!

Your Clark real estate market report is ready for you.

Clark Real Estate for March in a nutshell:

  • sales = 10
  •  inventory = 48
  • Average sale price = $377,290
  • Average days on market – 38

What do these numbers mean and how will it affect you? Please view our Clark real estate market report here.

clarkmarketreportcoverpagemarch2016

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:

Clark Real Estate News – November 2015

Clark, NJ, is a township in southern Union County. New Jersey Monthly has ranked Clark as its 33rd best place to live in 2008 and 174th in 2013.

The approximately 3000 school age children in Clark are served by Clark’s public school system which includes Frank K. Hehnly Elementary School, Valley Road Elementary School, Carl H. Kumpf Middle School, and Arthur L. Johnson High School.

Clark is served by the Lehigh Valley Railroad and New Jersey Transit provides bus service to New York City.

Sales Stats at a Glance:

  • There were 14 homes sold in October of 2015 and there were 71 active listings, compared to a 12 month average of 76 listings.
  • The average Clark home sold in October was sold for $436,179 compared to a 12 month average of $411,572.
  • The average sold home was sold after 54 days in October, much slower than the summer peak of 31 days in July and much faster than the 75 days it took to sell a home in March of 2015.

clarknov2015

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:

Market Report for Clark, NJ – August 2015

clarkaugust15

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:

How long will it take to sell a home in Clark, NJ?

DOMClarkinfographic

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:

Buying or Selling a Home in Clark, NJ – July 2015

Clark, NJ is home to 15,000 people and was incorporated as a township in 1864. Clark was named for Abraham Clark, a signer of the Declaration of Independence.

Before you buy or sell a home in Clark, your first step is to understand how the real estate market is performing. Here’s what you need to know this summer.

Inventory:  clarkDOMjune2015

There are currently 54 single family homes offered for sale in Clark which is lower than we normally see in the summer. A lower inventory might boost prices. Twelve homes were sold in June, just under the 12 month average of 14 homes and lower than we normally see in June.

Prices:

clarkpricejune2015

The average home that sold in Clark in June was sold for $489,458, almost 20% higher than the twelve month average in Clark. Sellers who want to get top dollar for their home will want to be sure that their marketing is on point and that their home is appropriately priced. Buyers who are looking for a bargain in Clark will want to do their research. When you find the home you want to buy, be sure that your offer is competitive because there are many multiple offer situations this summer.

Days on Market: 

clarkINVENTORYjune2015

Homes sell quickly in Clark. In June, the average home sold after 75 days, a bit longer than the 12 month average of 61 days. Home sellers who are interested in selling their property quickly will need to be sure that the home is priced correctly. Overpriced homes sell much more slowly, if they sell at all. Condition also affects the speed at which a home will sell. Homes that are cleaner, more up to date, and in better condition will sell faster than others.

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:

Clark Real Estate Market Report – October 2014

Did You Know? Clark, NJ, was incorporated as a township 150 years ago and was named for Abraham Clark who was a signer of the Declaration of Independence. In 2013, New Jersey Monthly magazine ranked Clark as 174th in its rankings of “Best Places To Live” in New Jersey.

Schools: Today, nearly 15,000 people call this suburban township home. Public school children in Clark are served by Frank K. Hehnly Elementary School, Valley Road Elementary School, Carl H. Kumpf Middle School, and Arthur L. Johnson High School.

If you’re thinking of buying or selling a Clark home, your first step is to educate yourself on current market conditions. Here’s what you need to know this month.


Inventory
: There are currently 58 single family homes offered for sale in Clark. Please click here to browse listings and then contact us for your private showings.

The inventory hasn’t yet begun its typical winter slow down. By this time last year, the inventory had dropped to about 70% of the summer high but this year we’re holding steady.

clarkinvoct14

Prices: 

Good news for sellers – as inventory is holding steady, so are prices. The average sale price of a home in Clark in October, 2014, was $459,300, slightly above the 12 month average of $415,162.

clarkpricesoct14

Time on Market: 

Homes may be seling at the same price as they did all summer, but they are definitely selling more slowly. The average sold hom in October had been on the market for 75 days compared to 54 days in August.

clarkdomoct14

What does this mean to you?

When the inventory remains high through the autumn, prices tend to drop as sellers get anxious. Since prices have held steady through the autumn, this winter may see a drop as sellers agree to lower prices in order to end their increasingly long Days on Market. There are so many houses on the market that buyers really have their pick, but buyers need to be prepared to pay full price. Last year, prices really didn’t drop until February, and even then they never got as low as the previous summer.

If you want to sell your home, you need to price it competitively and keep it in top notch showing condition in order to stand out from the large pack.

What’s your next step?

If the time is right for you to buy or sell a home in Clark, Team Zuhl is here to help you every step of the way. Please give us a call at 908-917-4189.

For more information on selling a home:

For more information on Clark and Clark Real Estate:

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