Archive for the ‘New Listings in Bedminster’ Category
Bedminster Market Activity – February 2011
February 28th, 2011 | 
Author: Closed Sales in February
There are now three new happy homeowners in February in Bedminster. The following properties have closed this month:
5 SAGE CT $175,000 $175,000
5 BENTLEY CT $309,000 $309,000
335 ENCLAVE LN $384,000 $372,000
Twenty-five new listings came on the market this month, and 14 listings have gone under contract. To see these new listings or to start your search, click on Bedminster Homes For Sale.
Absorption Rate
I explained what the absorption rate is in my last posting, but basically it is a way to help us determine how much market activity there is at a given time in the market. A market absorption rate of less than 5 months is considered a Seller’s Market, between 5 – 6 months is a Normal or Balanced Market, and inventory levels greater than 6 months indicates a Buyer’s Market.
There are currently a total of 81 listings on the market in Bedminster. 14 properties went under contract in the last 30 days, so that gives us a current market absorption rate of 5.8 months in Bedminster. Which indicates that currently the market in Bedminster is a balanced market.
If you are considering a move into or out of Bedminster, it pays to plan ahead. Start your search or understand the value of your home at Bedminster-Real-Estate.com
Posted in Bedminster Market Activity, Bedminster Real Estate, General real estate information, Just Sold - Bedminster, New Listings in Bedminster | 
Tags: bedminster, Bedminster Market Absorption, Bedminster Market Activity, Bedminster Real Estate, Gerald Light, Just Sold, New Listings in Bedminster | 
Comments Closed
Bedminster Market Update – February 2011
Closed Sales in February
Since my last posting, there are now two new happy homeowners in February in Bedminster. The following properties have closed this month:
5 BENTLEY CT $309,000 $309,000
335 ENCLAVE LN $384,000 $372,000
Eleven new listings came on the market this month, and 1 of those listings has already gone under contract. To see these new listings or to start your search, click on Bedminster Homes For Sale.
Absorption Rate
I explained what the absorption rate is in my last posting, but basically it is a way to help us determine how much market activity there is at a given time in the market. A market absorption rate of less than 5 months is considered a Seller’s Market, between 5 – 6 months is a Normal or Balanced Market, and inventory levels greater than 6 months indicates a Buyer’s Market.
There are currently a total of 74 listings on the market in Bedminster. Eleven properties went under contract in the last 30 days, so that gives us a current market absorption rate of 6.7 months in Bedminster. Which indicates that currently the market in Bedminster is a buyer’s market
If you are considering a move into or out of Bedminster, it pays to plan ahead. Start your search or understand the value of your home at Bedminster-Real-Estate.com
Posted in Bedminster Market Activity, Bedminster Real Estate, General real estate information, Just Sold - Bedminster, New Listings in Bedminster |
Tags: bedminster, Bedminster Market Absorption, Bedminster Market Activity, Bedminster Real Estate, Just Sold, New Listings in Bedminster, price adjustments in Bedminster, Real Estate Attorneys |
Comments Closed
Owning a Home is a Smart Decision
A recent survey conducted by the National Association of Realtors showed that a substantial majority of both homeowners and current renters believe that owning a home is a smart decision over the long term.
The American Attitudes About Homeownership survey of 3,793 adults found that even in today’s challenging economy, 95 percent of owners and 72 percent of renters believe that over a period of several years, it makes more sense to own a home.
Other findings of the American Attitudes About Homeownership survey include:
- A large majority of homeowners are happy with their decision to own a home. In fact, 93 percent of the owners surveyed would buy again.
- Homeowners are more satisfied with both the overall quality of their family life and with their community life than renters are.
- Of the renters surveyed, 63 percent said that it was at least somewhat likely that they would purchase a home at some point in the future, with young adults 18 to 29 years old having the strongest aspirations for homeownership.
If you think it might be time to start thinking about owning a home, take a look at what’s currently available in Bedminster. You can also see what has been selling in Bedminster to get a sense of how much you might need to spend to get the home you want.
Posted in Bedminster Real Estate, General real estate information, Homeowner Tips, Just Sold - Bedminster, New listing - not in Bedminster, New Listings in Bedminster |
Tags: bedminster, Bedminster Real Estate, Homeownership, Just Sold, New Listings in Bedminster, Real Estate Attorneys |
Comments Closed
Bedminster Market Activity since Feb. 13th
There has been some decent activity in Bedminster over the last ten days. There were 13 new listings and four contract sales, and the following properties closed:
17 Cedar Court, listed at $268,500, closed for $250,000
138 Autumn Ridge Road, listed at $652,000 closed for $640,000
There are 79 properties available in Bedminster, four of them are working through attorney review. Market absorption is 6 months. I have seen such a huge increase in market activity over the last few weeks – if you are considering a move, it might be the best time to put your home on the market. Interest rates are supposed to go up at the end of March, possibly by a point or more and the tax credit is only available through the end of April. While you might not qualify for the credit, your potential buyer might. If you can try to leverage this window of opportunity!
Contact me for more information on the market in general or any of these properties in particular.
Become a fan of Bedminster Real Estate on facebook or follow me on twitter.
Bedminster Market Activity – December 12th through 18th
Three properties went under contract this past week.
Only one new property was listed.
Four properties reduced their list price.
If you are considering a move into our out of Bedminster, NJ, please contact me directly. I can provide you with the information you need to make the best possible decision for all of your real estate needs – especially in Bedminster or Basking Ridge, NJ! I plan to be around all weekend – I stopped at the market and bought lots of goodies to make cookies and rented several movies. We are ready for the snow to hit the Blanchard household! Please don’t hestitate to call me – at least you know where you will find me!
What SOLD in Bedminster, NJ last week? What are the NEW listings?
11/28/2009 – 11/04/2009
There was only one contract sale in Bedminster, NJ last week. And there is only one property working through attorney review which means they have accepted an offer and lawyers are working through the contract details.
Please contact me if you would like more information about any of these Bedminster homes or visit my Bedminster real estate site for more information on what has sold by month over the past year.
As of this evening there a total of 69 listings showing active in Bedminster in the MLS. With 15 going under contract in the last 30 days, Bedminster market absorption is 4.6 months; a typical fluctuation for this time in the season. This is still great news for sellers in Bedminster!
Visit my Bedminster website to search townhomes for sale in Bedminster, NJ and surrounding areas. You can also search for Bedminster Luxury Properties or for single family homes for sale.
If you are thinking of moving, I can provide a free market analysis of your home’s value in today’s market.
What SOLD in Bedminster, NJ last week? What’s NEW?
I am back from a long weekend spent with family; hoping that my readers have enjoyed their long weekend as much as I did! I think that most buyers were also spending time with family – as there were only TWO sales last week here in Bedminster, NJ.
There is only one additional property working through attorney review which means they have accepted an offer and lawyers are working through the contract details.
Please contact me if you would like more information about any of these Bedminster homes or visit my Bedminster real estate site for more information on what has sold by month over the past year.
As of this evening there a total of 69 listings showing active in Bedminster in the MLS. With 20 going under contract in the last 30 days, Bedminster market absorption is 3.5 months. This is great news for sellers in Bedminster!
Visit my Bedminster website to search homes for sale in Bedminster, NJ and surrounding areas.
If you are thinking of moving, I can provide a free market analysis of your home’s value in today’s market.