๐Ÿก๐Ÿ“Š June 2023 Market Update ๐Ÿ“Š๐Ÿก

๐Ÿก๐Ÿ“Š June 2023 Market Update ๐Ÿ“Š๐Ÿก

Attention Buyers and Sellers in Long Branch, NJ 07740 & Highlands, NJ 07732! ๐ŸŒŠ๐ŸŒด

As your trusted REALTORยฎ, I am here to provide you with the latest market trends data for June 2023.

๐Ÿ—“๏ธ ๐Ÿ“ˆ According to RPRโ€™s Market Trends data, we currently have a 9.28 Months Supply of Inventory. This means there is a balanced market for both buyers and sellers in Long Branch.

๐Ÿ“‰ Over the last 12 months, the Months Supply of Inventory has decreased by 34%. This indicates a growing demand and a potential increase in property values in the near future. ๐Ÿ“ˆ ๐Ÿ’ฐ The List to Sold Price percentage is an impressive 102.6%. This shows that sellers in Long Branch are able to secure close to their asking price, making it a favorable market for those looking to sell their homes.

๐Ÿ’ต โŒ› The median days on market is 53, indicating a competitive real estate environment. This means both buyers and sellers need to act efficiently to seize opportunities as they arise.

๐Ÿ’ฒ Lastly, the Median Sold Price stands at $655,555. This figure gives you an idea of the average sales price in our area, allowing you to make informed decisions when buying or selling real estate.

๐Ÿ’ผ If youโ€™re considering buying or selling a property in Long Branch, NJ, now is an exciting time to make a move! Reach out to me, Michele Irizarry, your local REALTORยฎ, for personalized guidance based on these market trends.

๐Ÿค ๐Ÿก๐Ÿ“Š Market Update in Highlands, NJ 07732

๐Ÿ“ˆ๐Ÿก ๐Ÿ“… Date: June 2023 ๐ŸŒŸ Company: Shore Prime Properties ๐Ÿ”‘ Name and Title: Michele Irizarry, REALTORยฎ

๐Ÿ” Attention Buyers and Sellers!

๐Ÿ“ฃ ๐Ÿ“Š The latest market trends data in Highlands, NJ 07732 reveals valuable insights for you:

1๏ธโƒฃ Inventory Update: Currently, there is a low 2.29 Months Supply of Inventory. This indicates a competitive market with limited options for buyers. However, this can be advantageous for sellers looking to capitalize on high demand.

๐Ÿข๐ŸŒ‡ 2๏ธโƒฃ Decreasing Supply: Over the past 12 months, the Months Supply of Inventory has decreased significantly by -80.69%. This suggests a shrinking inventory, potentially leading to increased competition among buyers.

โฌ‡๏ธ๐Ÿ“‰ 3๏ธโƒฃ List to Sold Price: The List to Sold Price percentage stands at an impressive 101.3%. This indicates that, on average, sellers in Highlands, NJ are achieving their desired sales price or even higher.

๐Ÿ’ฐ๐Ÿ’ฏ 4๏ธโƒฃ Quick Turnaround: The median days on market is 41, highlighting a relatively fast-paced real estate market in Highlands, NJ. Sellers can benefit from a quicker sales process, while buyers need to act swiftly to secure their dream home.

โฐ๐Ÿก 5๏ธโƒฃ Median Sold Price: The median sold price currently stands at $462,500. This figure provides a benchmark for buyers and sellers, allowing them to gauge the market value of properties in Highlands, NJ.

๐Ÿ’ต๐Ÿ’ผ ๐Ÿ“ข As a professional REALTORยฎ, Iโ€™m here to provide you with up-to-date market insights and guide you through your real estate journey in Highlands, NJ. Whether youโ€™re buying or selling, letโ€™s connect and make the most of these market opportunities!

๐Ÿค๐Ÿ”‘ ๐Ÿ“ž Contact me at 732-759-8043 to discuss your real estate goals and navigate the vibrant market in Highlands, NJ. ๐Ÿ“ฒ๐Ÿก

#HighlandsNJRealEstate #MarketUpdate #HomeBuyers #HomeSellers #RealEstateInsights #MicheleIrizarryRealtor #LongBranchRealEstate #MarketUpdate #BuyersAndSellers #LocalRealtor #ShorePrime

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