January 2013 Market Trends for Hazlet and Holmdel
Welcome to the January Holmdel-Hazlet Real Estate snapshot blog provided by Doreen DeMarco and Gerine Skamarak of EXIT Realty East Coast.
Our intention today is to give you a snapshot of the monthly statistics in your local real estate market. Below is a comparison for January 2012/2013 closed home sales for Holmdel and Hazlet. (DOM=days on market)
Holmdel: *Closed Sales for the month of January:
- January 2013: 9 homes sold with an average sale price of $676,722. vs an average list price of $691,756. with an average 95 DOM
- January 2012: 8 homes sold with an average sale price of $577,725. vs an average list price of $610,588 with an average 132 DOM
- There are currently 25 homes under contract with an average list price of $752,336. with an average 117 DOM.
- There are currently 80 homes available with an average list price of $1,126,000. with an average 187 DOM.
Hazlet: *Closed Sales for the month of January:
- January 2013: 11 homes sold with an average sale price of $284,491. vs an average list price of $301,755. with an average 118 DOM
- January 2012: 10 homes sold with an average sale price of $314,950. vs an average list price of $335,720 with an average 80 DOM
- There are currently 27 homes under contract with an average list price of $281,396. with an average 100 DOM.
- There are currently 72 homes available with an average list price of $318,952. with an average 97 DOM.
*Source: MOMLS 2012/13; Information believed to be accuarate but not guaranteed.
We wish all our beloved communities continued support, strength and perserverance as all those impacted by Sandy carry on with their rebuilding process. Please feel free to contact us should you need any contractor recommendations.
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2:07 pm on Sunday, February 3, 2013
The real estate market data that is available these days is subject to question. The collapse of the housing market in 2008 brought about a tremendous number of tax appeals and subsequent reassessments. Many of the on-line services such as Zillow and Trulia base their "guestimates" on data that is lagging the real market, both up and down. The true value of a home is what it says on the check at the closing!