Saturday, March 22, 2014 / by Teresa Dipeso
Every season, it seems the Jersey Shore housing market takes on a different tone – and whether it’s going to be a sellers’ market with inflated prices and bidding wars, or a buyers’ market with a lot of choices and low prices – there’s no denying that the 2014 Jersey Shore spring housing season is upon us. If you’re thinking of listing your Jersey Shore home, here are 5 market insights that will give you a head start!
Now Is the Best Time To Sell
The winter home selling season was crippled by excessive cold and snow and there’s pent-up demand from buyers who’ve been waiting for better weather to brave the house hunt. Mortgage rates are still at historic lows and buyers ARE poised to buy and ready to hit the streets. They have spent the past few months “shopping” online and anxious to purchase before Memorial Day
Know Your Numbers: 60%
Sixty percent of all homes in 2014 will be bought and sold from May to August. Putting your Jersey Shore home on the market at the beginning of the selling season will help your chances of snagging a winning offer before buyers turn their attention back to school starting in September.
Price It Right
Pricing is a critical component to getting your Jersey Shore house sold. In a seasonal second home market, you need to look at comps of similar homes in your area, and recently matters: make sure you’re looking back no more than 60-90 days. The sale price of homes that sold recently paints a much better picture of what to expect than the price of homes that sold six months ago (or of homes that have yet to sell). Our team will provide you with market statistics as well as a future prediction based on current sales information. This ensures you will obtain the highest possible price for your Jersey Shore home while selling it in a timely manner.
Be Ahead Of The Curve
Trying to get a jump on the competition? Right now we’re on the cusp of prime selling and buying season at the Jersey Shore. If you list soon, you’ll have less competition than you would if you put your house on the market in coming months. Your home will have its ‘shining moment in the spotlight’ more than it will when inventory levels increase. Buyers driving to the Shore to shop are motivated and ready to make a purchase.
Make Your Listing Jump Off The Screen!
In this new mobile era, a huge percentage of Jersey Shore buyers use their computers and smart phones to start their home search online. That percentage is expected to rise this year as more buyers take advantage of easy access to the wealth of information online. It’s critical that your home pops on those computer screens! Great homes with mediocre quality photos will be quickly discarded and ultimately get less showings.
The Jersey Shore Realty Group spends considerable time and money marketing your online listing. Our web site targets buyers and show cases your home in the best light possible. Not only that, we offer a free mobile app that allows buyers to view property information 24/7, making sure your home is front and center at all times!
Now is a great time to sell a home at the Jersey Shore! Buyers are motivated and looking for their new beach house to enjoy this summer. Let the Jersey Shore Realty Group help you sell your home quickly and for premium price. Call our sales team and speak to a real estate professional today!