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Absecon, NJ Real Estate News

By Bill and MaryAnn Wagner, Jersey Shore and South Jersey Real Estate
(Wagner Real Estate Group)
Homes for Sale - Absecon, NJ - Real Estate Market Trends - June 2015Single FamilyThe Absecon Real Estate Market showed mixed results for June. June saw a 5% decrease in new listings coming on the market over June 2014. 19 new single family homes where introduced to the market.The number of single family Homes for Sale in Absecon, NJ during the year to date period is even with the 2014 year to date period. Sold properties in June where up 20% with 6 sold single family properties. This brings the current total of sold properties for the year to date period to 36. A 20% increase from last year.Combined, the total number of newly listed Absecon NJ Homes for Sale and total inventory versus the number of properties being sold has allowed the months supply of inventory to increase to 15.4 mont...
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By Bill and MaryAnn Wagner, Jersey Shore and South Jersey Real Estate
(Wagner Real Estate Group)
Homes for Sale - Absecon, NJ - Real Estate Market Trends - May 2015Single FamilyThe Absecon Real Estate Market showed mixed results for May. May saw a 5.6% decrease in new listings coming on the market over May 2014. 17 new single family homes where introduced to the market.The number of single family Homes for Sale in Absecon, NJ during the year to date period is the up 1.2% from the 2014 year to date period. Sold properties in April where up 80% with 9 sold single family properties. This brings the current total of sold properties for the year to date period to 28. A 12% increase from last May.Combined, the total number of newly listed Absecon NJ Homes for Sale and total inventory versus the number of properties being sold has allowed the months supply of inventory to decrease to 13.5...
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By Bill and MaryAnn Wagner, Jersey Shore and South Jersey Real Estate
(Wagner Real Estate Group)
Homes for Sale - Absecon, NJ - Real Estate Market Trends - April 2015Single FamilyThe Absecon Real Estate Market is showing no improvement for April. April saw a 47.8% decrease in new listings coming on the market over April 2014. 12 new single family homes where introduced to the market.The number of single family Homes for Sale in Absecon, NJ during the year to date period is the up 4.8% from the 2014 year to date period. Sold properties in April where up 60% with only 8 sold single family properties. This brings the current total of sold properties for the year to date period to 17. A 15% decrease from last April.Combined, the total number of newly listed Absecon NJ Homes for Sale and total inventory versus the number of properties being sold has allowed the months supply of inventor...
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By Bill and MaryAnn Wagner, Jersey Shore and South Jersey Real Estate
(Wagner Real Estate Group)
Homes for Sale - Absecon, NJ - Real Estate Market Trends - March 2015Single FamilyThe Absecon Real Estate Market is showing no improvement for March. March saw a 166.7% increase in new listings coming on the market over March 2014. 24 new single family homes where introduced to the market.The number of single family Homes for Sale in Absecon, NJ during the year to date period is the up 32.5% from the 2014 year to date period. Sold properties in March where down 50% with only 3 sold single family properties. This brings the current total of sold properties for the year to date period to 8. A 46.7% decrease from last March.Combined, the total number of newly listed Absecon NJ Homes for Sale and total inventory versus the number of properties being sold has allowed the months supply of inv...
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By Bill and MaryAnn Wagner, Jersey Shore and South Jersey Real Estate
(Wagner Real Estate Group)
Homes for Sale - Absecon, NJ - Real Estate Market Trends - February 2015 Single Family The Absecon Real Estate Market is showing little improvement for February. February saw a 27.8% decrease in new listings coming on the market over February 2014. 13 new single family homes where introduced to the market. The number of single family Homes for Sale in Absecon, NJ during the year to date period is the down 2 from the 2014 year to date period.  Sold properties in February where down 75% with only 1 sold single family property. This brings the current total of sold properties for the year to date period to 3. A 66.7% decrease from last February. Combined, the total number of newly listed Absecon NJ Homes for Sale and total inventory versus the number of properties being sold has allowed th...
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By Bill and MaryAnn Wagner, Jersey Shore and South Jersey Real Estate
(Wagner Real Estate Group)
Homes for Sale - Absecon, NJ - Real Estate Market Trends - January 2015 Single Family The Absecon Real Estate Market is showing little improvement for January. January saw a 23.1% increase in new listings coming on the market over January 2014. 16 new single family homes where introduced to the market. The number of single family Homes for Sale in Absecon, NJ during the year to date period is the same nas we are in the first mointh of the new year.  Sold properties in January where down 40% with 3 sold single family properties. This brings the current total of sold properties for the year to date period to 3. A 40% decrease from last January. Combined, the total number of newly listed Absecon NJ Homes for Sale and total inventory versus the number of properties being sold has allowed th...
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By Bill and MaryAnn Wagner, Jersey Shore and South Jersey Real Estate
(Wagner Real Estate Group)
Homes for Sale - Absecon, NJ - Real Estate Market Trends - May 2014 Single Family The Absecon Real Estate Market is showing litlle improvement improvement as we head into the summer season. May saw a15.8% increase in new listings coming on the market over May of 2013. 22 new single family homes where introduced to the market. The number of single family Homes for Sale in Absecon, NJ during the 12 month period ending May 31st is even with the previous 12 month period. Sold properties in May where down 33.3% with 4 sold single family properties. This brings the current total of sold properties for the 12 month period to 66. A4.3% decrease over the previous 12 month period. Combined, the total number of newly listed Absecon NJ Homes for Sale and total inventory versus the number of propert...
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By Bill and MaryAnn Wagner, Jersey Shore and South Jersey Real Estate
(Wagner Real Estate Group)
Homes for Sale - Absecon, NJ - Real Estate Market Trends - October 2013 Single Family The Absecon Real Estate Market is showing a modest overall improvement as we head into the fall season. October saw a dramatic 85.7% increase in new listings coming on the market over October of 2012. 13 new single family homes where introduced to the market. The number of single family Homes for Sale in Absecon, NJ during the 12 month period ending October 31st is up a slight 4.9% over the previous 12 month period. Sold properties in October where even with last October with 6 sold single family properties. This brings the current total of sold properties for the 12 month period to 76. An 18.8% increase over the previous 12 month period. Combined, the total number of newly listed Absecon NJ Homes for ...
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By Matthew Haviland
(Keller Williams Realty Atlantic Shore)
Last night my wife and I saw the best Christmas light show!  It was by far better than anything I've ever seen... even the house you see on TV for the Budwieser commercials.  You have to see this. The great think about this house they had over 30 minutes of music programed including some awesome Trans Siberian Orchestra songs. Santa Arrives 18, 19, 20th. Donations are accepted and 100% goes to fight cancer.  The address is Sooy lane in Absecon.  I don't have the street number but it's the last house on the bay side.  If you're coming from Shore Road heading North.  It's just past the intersection of Rout 9 and Shore Road.  Make a right and follow the signs for X-mas light show. Here is a link to a video I took with my phone.  The quality is not so good so you have to see this for yourse...
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By Matthew Haviland
(Keller Williams Realty Atlantic Shore)
Currently there are 91 homes for sale in Absecon, NJ.  Here is a list of the number of homes sold each month so far this year. Month        Homes Sold January       4 February     2 March         4 April           3 May           1 June          9 July           6 August       4  September 4 October     5 November  6   From January to November there was an average of 4.4 homes sold per year.  In the last three months an average of 5 homes has sold each month. That means at the current rate of absorption it would take 18.2 months to sell all of the homes currently for sale if sales stay at 5 per month. If you would like instant monthly market updates please contact me and I will set up our Market Snapshot Service.  This is a free service that is emailed monthly and includes homes in Abse...
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By Matthew Haviland
(Keller Williams Realty Atlantic Shore)
Your First Home, Buying By The Book Workshop First Time Home Buyer Workshop. Includes Free Book Your First Home Book Your First Home, Buying By The Book Workshop First Time Home Buyer Workshop Will Help You Take Advantage Of The Opportunities In This Buyers Market. If you or someone you know is thinking about buying their first home please make sure they attend this first time home buyer workshop. This workshop is based on the new book by best selling authors, Gary Keller, Dave Jenks and Jay Papasan. The workshop is conducted by first time home buyer expert Matthew Haviland. Matthew is a passionate, creative, well organized real estate consultant with The Haviland Group at Keller Williams Realty Atlantic Shore. He will go through the entire home buying process as well as cover current m...
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By Shawn OBrien
(Keller Williams)
$233,900 buys you a 3 bedroom  2 full bath new construction ranch in Absecon.  With a full basement, ktichen center island and open and flowing floor plan. Situated on a large 85x118 lot, on a quiet and private street.  This is a preconstruction blowout  and rare sale. Only 2 new constructions for sale in Absecon for under $250,000 and this one is the cheapest. Also there's only 1 for sale so once its gone its gone.  Not much buildable land for sale at reasonable prices.  Economy is down but so are prices and interest rates, which makes the iron hot and time for you to pull the trigger.  It's amazing that more buyers were buying when the prices were at there all time highs. Now that the prices are at record lows along with interest rates less buyers are buying.  Now is the time to get t...
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By Shawn OBrien
(Keller Williams)
The answer to this question....same as buying any other home, with the exception it may take longer than a normal closing.  In short sales the seller is asking to be qualified through their mortgage lender, to have the lien on the their property removed for less than is owed on the property.  The seller must comply with the requirements of the bank to be approved for the short sale.  So most of the differences on a short sale are on the sellers side.  For buyers these could be excellent opportunities for home ownership or even great investments.  Alot of the time the banks are having BPO's at the current market value and can afford to price it competitvely were a normal property owner can not afford to lower their price.  These will be around for the long haul and should begin to become...
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