RECAP OF SALES ACTIVITY (JAN 1 - MAR 31, 2022)
We continue to see strong demand, with some properties receiving multiple offers within days of coming onto the market For Sale. Naturally, the limited selection of properties For Sale has created pent-up demand, and it has tempered the # of sale transactions that we’re seeing.
More specifically, in checking my notes, this time last year there were 16 condo/townhomes For Sale and 41 single-family homes For Sale. Today there are 18 condo/townhomes For Sale and 26 single-family homes For Sale – that’s about 58% fewer homes For Sale!
So far this year, 76 properties have been placed Under Contract For Sale. During this same time frame last year, 89 properties were placed Under Contract For Sale.
NOTE TO LOCAL PROPERTY OWNERS
If you are considering selling anytime this year (even after the summer), please call me to discuss a strategy. Many buyers we’re working with are willing to go under contract for sale and wait until “after” the summer to take title to the property!
NOTE TO PROSPECTIVE BUYERS
We continue to prospect for new listings. Please take a moment to inform me of your current search parameters and I’ll make sure that you are kept abreast of any new opportunities! KEEP THE FAITH! In the past month, 38 NEW LISTINGS have come onto the market in Avalon, Stone Harbor & Sea Isle City! During that same time, 41 properties have been placed under contract for sale, and I know of other sales that haven’t yet been reported!
NOTE TO PROSPECTIVE TENANTS
Ferguson Dechert Real Estate has the largest rental inventory on the Island! IF you or someone you know is looking to rent, please let me know and we will provide an update on current availability AND upcoming new rental listings!
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KNOWLEDGE IS POWER,
SO PLEASE CONTACT ME IF YOU’D LIKE INFORMATION!
I will be happy to send you a list of properties right away…
- Looking for a list of properties “for sale”?
- Wondering how many bay fronts sold this year?
- What sold under $1,000,000 this year?
- How many beach block homes are for sale/sold?
JUST ASK…AND I’LL SEND YOU THE INFO!