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Keeping Current Matters

National Association of Realtors

Tuesday, April 8, 2008

Preparing To Sell In The Spring In Stone Harbor & Avalon

Preparing To Sell In The Spring
SELLING IN STONE HARBOR OR AVALON IN THE SPRING
What is The Secret Behind the Sale?
What is The Winning Formula? Maybe Patience and Willingness To Negotiate. So how are successful sellers doing it? The basic formula to getting to a SOLD sign in a buyer's market would be…..
#1- listen to your Realtor and Pay attention to the comps .
#2 is Price.
#3 comes location, and the condition of the property.

And sometimes it just takes time.
Yes! Location, condition and price are key factors. Plus, patience and willingness to negotiate are absolutely essential. You have to keep remembering it is a buyer's market! A seller needs to set the price correctly from day one. What is your bottom line? What’s your strike price? Something to think about….If you want to get your property Sold, Don’t be greedy. Other sellers who set their price correctly now have contracts.

You hear on the news about the sluggishness in the real estate market. It's real. There are more listings available to buyers than any time in recent history. Here in Stone Harbor, there are 123 single family homes now for sale. That represents more than a 4 years of inventory. Six homes managed to go under contract since the first of the year, and nine single family homes have Sold and settled. Average listed price was $2,933,655,and average Sold price was $2,584,740. And average time on the market was 187 days.

In Avalon there are now 216 single family homes now on the sale market with an average list price of $2,282,007 and average time on the market is 247 days. Eight single homes have Sold since the first of the year, and right now there are 23 single family homes under contract!

What does all this mean?
Deal With Reality…..Buyers are now buying the best for their money. Either your house should stand out from the crowd for the listed price, or you should reduce your price.

Adapt. Be Ready To negotiate. Buyers today know the comps and want the best deal.
What Your neighbor Sold his place for two years ago is not relevant. And has nothing to do with market value today. Recent comps show you market reality.

Presentation. Have your house ready to be shown at its best. You never get a second chance to make a first impression!
Does your house have curb appeal? What can you do to make it more inviting so a buyer would want to come inside? How about your lawn? Have your lawn and garden spruced up too. Think about planting some colorful flowers out in the front of your house .

Have your house sparkle when you put it on the market..Investing in touch-up paint, carpet cleaning,(or even new carpet) and even professional staging when necessary yields a big return on investment If you do not have the knack to do it yourself, pay a professional stager. It’s money well spent, and your home will be worth more in the long run. Buyers are picky.

Patience.Patience,Patience!
We don’t know what the future may bring ,but we do know this.. the market was overheated and is now undergoing a correction. All the negative press created has fear and fear can be infectious.

However,MLS facts show a recent flurry of sales made in both Stone Harbor and Avalon. There are smart buyers who realize that here at the Shore the timing is perfect to jump in. Let's hear it for all those who followed their gut feelings and are now under contract. They realize that NOW is the time to cut a really good deal!

Would you like more information? call me..I Love To Talk Real Estate!
Cell:609.425.7521

http://www.StoneHarborRealtor.com

CONTENTS COPYRIGHT NANCY M. ALEXANDER 2008

Monday, April 7, 2008

The Internet Has Changed The Real Estate Business!

Change is not easy. And change is even harder for an old timer like me ! But change is necessary to survive in this new world of Real Estate .
What A Difference The Internet has made in the Real Estate business! The Internet has totally changed the rules of the game.
For 32 years now I've followed all the rules on personal promotion and "The Marketing of Me." I followed all the suggestions in the seminars, the classes and the books. Internet savvy consumers have changed everything. You don't care about all the self promotion...you want to know what I can do for you.

Today's typical buyer and seller is very familiar and comfortable with the Internet.The National Association of Realtors says the typical Buyer and Seller will first browse the Internet before contacting an agent.
If you are looking on-line for a home, and /or a Realtor, sure, you want to know that I know what I am doing…. But most importantly, you want to know what's in it for you.
You want up-to-date information. And you want it now. All the marketing stuff we Realtors have been doing for years including post cards ,flyers, ads in the newspapers and in magazines, ALL of that takes a back seat to the Internet.

I began to blog just recently ,and I am amazed at the positive response I've received!
Here on my blog, you will find your Stone Harbor and Avalon Real Estate information. Each month I'll update you on homes that are now on the market, what went under contract, and what has Sold in the month.

Would you like more information? If you do not find what you need at www.StoneHarborRealtor.com , please e-mail me at Nancy@NancyMAlexander.com
Or call me…I Love To Talk Real Estate ! 800.708.5792

Tuesday, April 1, 2008

Stone Harbor & AvalonReal Estate Snapshot March Sales Activity

Stone Harbor Real Estate Snapshot March Sales Activity


Stone Harbor Single Family Homes Sold and Under Contract March 2008

MLS Statistics show 6 single family homes went under contract this month with list prices ranging from $1,595,000 up to a hefty $3,795,000 .

Two single family home went to settlement this month .A three bedroom, 2 bath home listed for $989,000 on a 55x60 lot sold and settled for $925,000 on 3/28/08 . This had been on market 74 days.

Another four bedroom, two bath single on a 50x110 lot family home listed for $1,649,000 Sold and settled 3/22/08 for $1,555,000. This had been on market 160 days

Stone Harbor Condo/ Townhomes Sold and Under Contract March 2008

Two condos went under contact this month.A three bedroom ,two bath beachfront condo with an indoor pool listed for $985,000,and a new four bedroom,3.5 bath condo listed at $1,150,000 also is now under contract.

A two bedroom, one bath condo listed for $399,000 SOLD for $380,000.This was on market 41 days


Avalon Real Estate Snapshot March Sales Activity

Avalon Single Family Homes Sold and Under Contract March 2008
Ten single family homes went under contract this month ranging in price from $875,000 all the way up to $4,695,000
Nine Avalon single family home went to settlement this month

A 3 bedroom,1 bath home on a 40x100 lot, listed for $595,000 sold for $560,000 .This was on market 400 days.

A 3 bedroom,2 bath home on a 50x110 lot which was listed for 4890,000,SOLD for $850,000.had been on market 59 days

A 3 bedroom, I bath home on a 60x111 lot listed for $1,149,000 SOLD for $950,000.This was on market 352 days

A 4 bedroom,2 bath home on a 50x110 lot listed for $1,199,000 SOLD for $$1,050,000.This was on market 401 days

A 3 bedroom,1 bath home on 60x110 lot which was listed for $1,275,000,SOLD for $1,225,000.This had been on market 313 days

A 6 bedroom,4 bath home on a 60x110 lot which was listed for $1,595,000,SOLD for $1,460,000.This was on market 134 days

A 5 bedroom,5 bath home on a 60x110 lot which was listed for $1,625,000 SOLD for $1,500,000.This was on market 56 days.

A 5 bedroom,3 bath home on a 60x110 lot which was listed for $2,190,000 SOLD for $1,912,500 after 215 days on the market

A 5 bedroom,3 bath home on a 100x110 lot listed for $4,750,000 SOLD for $4,200,000 after 397 days on the market

Avalon Condo Townhomes Sold and Under Contract March 2008

Two condos in Avalon went under Contract this month.
A 5 bedroom,3.5 bath condo listed for $775,000 is under contract after 71 days on market.

A 5 bedroom,4 bath condo listed for $1,595,000 is also under contract after 1037 days on the market

Five condos in Avalon SOLD and Settled in March

A 3 bedroom.2.5 bath condo listed for $775,000 SOLD for $775,000 after 378 days on market

A 4 bedroom,2.5 bath condo listed for $995,000,SOLD for $965,000 after 450 days on the market

A 5 bedroom,4 bath condo listed for $1,289,000 SOLD for $1,187,000

A 4 bedroom,4 bath condo listed for $1,650,000 SOLD for $1,387,000 after 609 days on the market

A 4 bedroom,4 bath condo listed for $1,650,000 SOLD for $1,500,000 after 38 days on market


Would you like more information? call me..I Love To Talk Real Estate!
Cell:609.425.7521
http://StoneHarborRealtor.com

Stone Harbor & Avalon Homes SOLD and Under Contract in March.Things Are Moving Again!

Stone Harbor Real Estate Snapshot of Sales Activity For The Month of March 2008

Buyers are stepping up and making some deals in Stone Harbor and in Avalon! Here are the facts from MLS for the month....

Stone Harbor Single Family Homes Sold and Under Contract March 2008

MLS Statistics show 6 single family homes went under contract this month with list prices ranging from $1,595,000 up to a hefty $3,795,000 .

Two single family home went to settlement this month .A three bedroom, 2 bath home listed for $989,000 on a 55x60 lot sold and settled for $925,000 on 3/28/08 . This had been on the market 74 days.

Another four bedroom, two bath single on a 50x110 lot family home listed for $1,649,000 Sold and settled 3/22/08 for $1,555,000. This had been on the market 160 days

Stone Harbor Condo/ Townhomes Sold and Under Contract March 2008

Two condos went under contract this month.A three bedroom ,two bath beachfront condo with an indoor pool listed for $985,000,and a new four bedroom,3.5 bath condo listed at $1,150,000 also is now under contract.

A two bedroom, one bath condo listed for $399,000 SOLD for $380,000.This was on the market 41 days


Avalon Real Estate Snapshot of March Sales Activity

Avalon Single Family Homes Sold and Under Contract March 2008
Ten
single family homes went under contract this month ranging in price from $875,000 all the way up to $4,695,000
Nine Avalon single family home went to settlement this month

A 3 bedroom,1 bath home on a 40x100 lot, listed for $595,000 sold for $560,000 .This was on market 400 days.

A 3 bedroom,2 bath home on a 50x110 lot which was listed for 4890,000,SOLD for $850,000.had been on market 59 days

A 3 bedroom, I bath home on a 60x111 lot listed for $1,149,000 SOLD for $950,000.This was on market 352 days

A 4 bedroom,2 bath home on a 50x110 lot listed for $1,199,000 SOLD for $$1,050,000.This was on market 401 days

A 3 bedroom,1 bath home on 60x110 lot which was listed for $1,275,000,SOLD for $1,225,000.This had been on market 313 days

A 6 bedroom,4 bath home on a 60x110 lot which was listed for $1,595,000,SOLD for $1,460,000.This was on market 134 days

A 5 bedroom,5 bath home on a 60x110 lot which was listed for $1,625,000 SOLD for $1,500,000.This was on market 56 days.

A 5 bedroom,3 bath home on a 60x110 lot which was listed for $2,190,000 SOLD for $1,912,500 after 215 days on the market

A 5 bedroom,3 bath home on a 100x110 lot listed for $4,750,000 SOLD for $4,200,000 after 397 days on the market



Avalon Condo Townhomes Sold and Under Contract March 2008

Two condos in Avalon went under Contract this month.
A 5 bedroom,3.5 bath condo listed for $775,000 is under contract after 71 days on the market.

A 5 bedroom,4 bath condo listed for $1,595,000 is also under contract after 1037 days on the market

Five condos in Avalon SOLD and Settled in March

A 3 bedroom.2.5 bath condo listed for $775,000 SOLD for $775,000 after 378 days on market

A 4 bedroom,2.5 bath condo listed for $995,000,SOLD for $965,000 after 450 days on the market

A 5 bedroom,4 bath condo listed for $1,289,000 SOLD for $1,187,000

A 4 bedroom,4 bath condo listed for $1,650,000 SOLD for $1,387,000 after 609 days on the market

A 4 bedroom,4 bath condo listed for $1,650,000 SOLD for $1,500,000 after 38 days on market

Interested in Buying, Selling or Renting a home here at the shore, please e-mail me at Nancy@NancyMAlexander.com , or if you prefer, you can call me at 800.708.5792.
I love To talk Real Estate!

www. StoneHarborRealtor.com

CONTENTS COPYRIGHT NANCY M. ALEXANDER 2008