A great place to live and work

Posts tagged ‘Clark’

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:

Advertisements

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:

Real Estate Update for Clark Buyers and Sellers – August 2015

Clark, New Jersey, is home to nearly 15,000 people in souther Union County. In 2013, New Jersey Monthly magazine ranked Clark as 174th in its rankings of “Best Places To Live” in New Jersey.

If you are considering buying or selling a home in Clark, your first step is to understand the real estate market in Clark so that you can make an informed decision regarding how much a house is worth.

Sales: Currently there are 87 homes offered for sale in Clark. The trend line for that past 3 years shows a marked decrease in inventory. Since real estate is often a function of supply and demand, this trend shows that more buyers are interested in owning a property in Clark. There were 18 homes sold in Clark in August. The trend line over the past 18 years shows a slight increase in sales which helps to reduce the inventory even further.

clarkINVENTORYaugust15

Prices: The average sale price of a home sold in Clark in August was $479,133. Home prices have been increasing for several years. Again, supply and demand plays a part in this. As more buyers become interested in Clark, Clark home sellers are able to see a larger sale price.

salepriceCLARKaugust15

Days on Market: People who are selling their house often have anxiety about maintaining their home in show-ready condition. Being constantly ready for a showing is stressful and most home sellers are eager to sell quickly – not only to relieve the anxiety of being on the market, but also to help them get to the next stage in their lives. Therefore, Days on Market can be an indicator of how long an average home will take from the day it is listed until the day it sells. In Clark, homes sold in August after an average of 45 days on the market.  The good news is that the overall trend in Clark is that homes are selling more quickly now than they were two or three years ago. The bad news is that homes sell slowest, typically, over the winter. Homeowners who want a quick sale have a small window of opportunity in the autumn before risking a longer time on the market.

clarkDOMaugust15

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, NJ,rt Real Estate Market Report – April, 2015

The Clark, NJ, Real Estate Market Report for First Quarter, 2015

Winter is the slowest time in Union County Real Estate. Not only do homes take longer than average to sell in the winter, they also sell for less in the winter than they do the rest of the year.

But don’t think for even one moment that Clark’s real estate market is dead in the winter!

This winter, Clark had 62 active listings and 25 sold listings. The average sale price this winter was $380,664 with the average home selling after 59 days.

How does the winter of 2014-15 compare with previous years?

More homes were sold this winter (25) than last winter (22) but we still haven’t reached the high level of sales that 2012 and 2013 saw (27 homes sold). clarksold2015firstquarter

Inventory is higher this year (62 listings) than last year (5  clarkinventory2015firstquarter 3).

The average sale price in 2015 was $380,664 compared with an average sale price of $414,636 last year.

clarksaleprice2015firstquarter

The average home sold faster this year than any of the three previous years.

clarkDOM2015firstquarter

If you’re planning on selling your Clark home, call Team Zuhl today for a free comparative market analysis of your home. If you’re thinking of buying a home in Clark, call us today!

For more information on selling a home:

For more information on Clark and Clark Real Estate:

Tag Cloud

%d bloggers like this: