The Jersey Shore by Karl Hess: New Jersey: Barnegat

Is Your Barnegat House Priced to Sell Immediately?

Price your Barnegat Home Right from the Beginning!

Overpricing a home is the #1-way sellers sabotage their ability to get the most money for their property. The common logic is that pricing a home higher will lead to a higher sale price – that is faulty reasoning.

In today’s real estate market, more houses are coming to market every day. Eager buyers are searching for their dream homes, so setting the right price for your house is one of the most important things you can do.

According to CoreLogic’s latest Home Price Index, home values have risen at over 6% a year over the past two years but have started to slow to 3.6% over the last 12 months. By this time next year, CoreLogic predicts home values will be 5.4% higher.

In Barnegat, the sales price has increased by 5.03% over the last 2 years. The list price for homes have increased by 11.93%. But, the average sale price of Barnegat homes has actually decreased by 1.68% over the last year.

What’s Your Barnegat Home Worth – Get an Instant, FREE valuation!

With prices slowing from their previous pace, homeowners must realize that pricing their homes a little over market value to leave room for negotiation will actually dramatically decrease the number of buyers who will see their listing (see the chart below).

Instead of the seller trying to ‘win’ the negotiation with one buyer, they should price their house so demand for the home is maximized. By doing so, the seller will not be negotiating with a buyer over the price, but will instead have multiple buyers competing with each other over the house.

Barnegat Housing Market Trends

The secret is making sure your house is Priced To Sell Immediately (PTSI). That way, your home will be seen by the most potential buyers. It will sell at a great price before more competition comes to the market.

Bottom Line

If you’re debating listing your Barnegat house for sale, let’s get together to discuss how to price your home appropriately and maximize your exposure.

Karl Hess provides expert real estate services to residential buyers and sellers in Barnegat and the surrounding communities. Contact us today for more information on Barnegat Real Estate and for professional assistance navigating this complex home market.

As always, thank you for your time and feel free to get in touch if you have any questionsKarl Hess, Your Realtor on The Jersey Shore in Ocean County

 

 

 

 609-553-7926

Find Your Dream Home on The Jersey Shore in Ocean County!

www.TheJerseyShoreHomeFinder.com

 

 Licensed in New Jersey.  Keller Williams Shore Properties 

1400 Hooper Ave. Toms River NJ 08753 Phone: 732-797-9001

 

 

 

Comment balloon 1 commentKarl Hess • September 26 2019 11:42AM
Is Your Barnegat House Priced to Sell Immediately?
share
Price your Barnegat Home Right from the Beginning! Overpricing a home is the #1-way sellers sabotage their ability to get the most money for their property. The common logic is that pricing a home higher will lead to a higher sale price – that is… more
Barnegat July 4 Celebrations 2019
share
The Fourth of July, wherein we celebrate The Declaration of Independence is right around the corner which means it's time for backyard barbecues at home followed by a concert and fireworks at the Barnegat Municipal Dock on July 3 (rain date July… more
Barnegat Open House this Weekend
share
Large Home on over Half an Acre, Minutes to the Beaches of Long Beach Island 124 Rockrimmon Blvd., Barnegat, NJ - This stunning 4-bedroom, 3. 5 bath home with 3300+ square feet on over 5 acre is the house you've been looking for! Hardwood floors,… more
Barnegat Dock Concert Series 2019
share
Summer is almost here, which means it’s time for the Barnegat Dock Concert Series! Here’s what you can expect: Sounds of the Streets claims to be NJ's premier oldies/doowop group featuring the sounds of the 50's, 60's and 70's. Reflections State… more
Beautiful Home in Barnegat for Sale
share
124 Rockrimmon Blvd, Barnegat, NJ 08005 Welcome to your ''Forever Home. '' This stunning 4-bedroom, 3. 5 bath home with 3300+ square feet on over 5 acre is the house you've been looking for! Gleaming hardwood floors, formal living area, large… more
Barnegat - New Listing Coming Soon!!
share
Coming Soon in Barnegat … this 4-bedroom, 3-bath, 3300+ square foot home on over 5 of an acre that backs to a greenbelt will be coming on the market in a few days. Hardwood floors, granite counters, finished basement and second master suite with… more
Barnegat Town Wide Yard Sale 2019
share
The Barnegat Town-wide Yard Sale is almost here. The yard sale begins at 9 a. m. Saturday, no rain date April 27h, 2019 the entire town of Barnegat becomes and enormous yard sale as the Barnegat Waretown Chamber of Commerce presents our annual… more
Barnegat Leaf Pick-up Schedule Spring 2019
share
Barnegat Brush and Leaf Pick-up Schedule Spring 2019 LEAF COLLECTION Please do not put leaves to curbside earlier than 7 days prior to your schedule week, and no later than 6:30 am on Monday of your scheduled week. The leaves will be collected… more
Price Your Barnegat Home to Sell
share
Is Your Barnegat House Priced to Sell Immediately? In today’s real estate market, with more houses coming to market every day and eager buyers searching for their dream home, setting the right price for your house is one of the most important… more
Buying a Home in Barnegat this Spring
share
Spring has sprung, and it’s a great time to buy a home in Barnegat! Here are four reasons to consider buying today instead of waiting. 1. Prices Will Continue to Rise CoreLogic’s latest U. S. Home Price Insights reports that home prices have… more