CLIFTON HOME VALUES REPORT
August: 82 HOMES SOLD, AVERAGE PRICE: $335,000 SP/LP: 98%
DOM (Days on Market): 28
September: 65 HOMES SOLD, AVERAGE PRICE: $340,000, SP/LP: 98.7%
DOM (Days on Market) 38
Homes for Sale LAST 6 MONTHS as COMPARED to LASTYEAR
2017 – $325,000-2018 – $340,000 =INCREASED = 4.6%
(These stats are representative of most markets in NJ let us know if interested in your particular location)
Home Appreciation at this Rate will Ease and a More Normalized Market is Expected in the Next 18-24 Months With Appreciation Levels in a More Reasonable Range (2-4% Yearly) and Higher Interest Rates will Create a More Balanced Supply Vs Demand.
NOW IS THE TIME TO SELL!
Whether You’re Thinking to Sell or Buy or Someone You Know, We Could Assist.
Call Me at:
973-216-1945
Remember Real Estate is About:
Showing VALUE, PRICE Right and MARKETING Effectively
Last 6 Months of the Year 2017 as Compared to Last Year’s:
July 1st Through December 31, 2017
Single Homes SOLD (Incl, Condo/Town homes,Active Adults) : 409
Media Price Sold Price Sale to List Ratio DOM
$329,000 $325,000 98.5 34
July 1st Through December 31, 2016
Single Homes SOLD (Incl, Condo/Townhomes,Active Adults) : 371
Media Price Sold Price Sale to List Ratio DOM
310,000 $305,000 98% 39
6 Months/Year to Year Increase:
Increased by 6.6% ↑
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