HOW FAST HOMES ARE SELLING BASED ON RECENT SALES AND HOMES THAT ARE CURRENTLY AVAILABLE
At Coldwell Banker Residential Brokerage and the DoorPath Team, we understand that determining the value of your home takes careful consideration and research. While comparing your home to similar properties in the area is important, it is even more crucial that we use our industry expertise to help you analyze the trends in the world and in your region. Evaluating these trends will ultimately help us determine your home’s market value.
The real estate market is fluid and constantly changing.
With our vast resources we can help report the trends that are currently occurring in your community and globally. While as Realtors we cannot control the market, we can control our strategic marketing plan. As your real estate partner we will discuss and consider these trends to create the optimum plan for the sale of your home.
AS OF JULY 2012 BRIDGEWATER RESIDENTIAL HOMES
$1 – $100,000,000
CURRENT ACTIVE LISTINGS: 261
NUMBER SOLD LAST 12 MONTHS: 404 (33.7 Sold Per Month)
NUMBER SOLD LAST 6 MONTHS: 217 (36.2 Sold Per Month)
NUMBER SOLD LAST 3 MONTHS: 143 (47.7 Sold Per Month)
CURRENT # OF MONTH INVENTORY: 7.8
The information above means that based on the model, if you put your home on the market today and if no other homes came on the market it would take almost 8 months to sell the last home available as of today. The only way to get your home to the top of the list is to offer better value for the money than the homes you are competing against. If you would like to find out how we do that at Coldwell Banker and the Doorpath Team give us a call at 732-302-1771 or send us an email at mike@doorpath .com.