James Boyer's Blog: Maplewood NJ Real Estate

Maplewood NJ Home Sales First 3 Quarters 2007 -VS- 2008

With all crazy information being put out about the local real estate markets, I thought I would put together some real numbers for you the reader, so that you can better understand what is really happening in the Maplewood NJ Real Estate market. 

I put together the actual sold data for January, 1 2007 though September, 1 2007 and compaired it to January, 1 2008 through September, 1 2008.

 

Total Sales Volume Maplewood 2007 2008   211 175     -17.1%

 

Average List Price Change… Read Full Post

That is the phrase coming from some of the long time New Jersey real estate market experts.  They sighted the increase in overall home sales from the month of March to the month of April this year.  The first time that has happened since the same period of 2005.  One of the experts was also sighting that as a whole the number of homes under contract has increased for 4 month in a row.

I can state that I am working with and hearing from more home buyers over the last few months than I had been in February and March of this year.  Over all it still seems to me that the home buyers are being careful but they are willing to buy. 

If you are a home buyer, what does this mean to you?  It means that there is competition out there for the homes which are a good…

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