Market Conditions in 07730>Question Details

Joe Vazquez, Home Seller in Hazlet, NJ

Are home sales slower then usual in this area?

Asked by Joe Vazquez, Hazlet, NJ Tue Mar 23, 2010

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John Sacktig’s answer
Hi Again Joe -

O.k.. so I had a few minutes and I looked around a bit.. If this ss the same house, you are the highest price in the area. There were sales in this range two - three years ago at this pricing. This home is priced third in highest priced homes since 2004! ( the others closed under asking price ) So, what does that say?
0 votes Thank Flag Link Tue Mar 23, 2010
Hi Joe,
No actually home sales in Hazlet have been pretty brisk since the beginning of this year. There are currently 31 single homes under contract & 15 closed since 1/01/2010. The following factors will determine how quickly your home will sell: location, features, price, condition & marketing exposure.
0 votes Thank Flag Link Tue Mar 23, 2010
Hi Joe -

Home sales are slower in general, I think you know that.

But, what I do kow that homes that are priced correctly will sell, regardless of the economy and such.
Is is like anything else. Believe it or not, there are still a lot of home selers that are hanging onto 2004 -2005 pricing.

Your Realtor should have the market comps and knowledge of the area to come and discuss the actual pricing, not a number to get your home listed. If it is priced correctly it will sell.
0 votes Thank Flag Link Tue Mar 23, 2010
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