How’s the Real Estate Market in Clark?

July, 2014

If you're planning on buying or selling a home

in Clark, the first step is to learn about the Clark real estate

market conditions.

Inventory There are currently 65

homes offered for sale in Clark and they range in price from $179,000 to $1,149,000.

0

20

40

60

80

100

120

Ho

me

s

Homes Listed and Sold - Clark, NJ

Inventory

12 month avg= 68.5

July 2014 = 85

July 2013 = 92

July 2012 = 960

20

40

60

80

100

120

Ho

me

s

Homes Listed and Sold - Clark, NJ

July ‘12July ‘13

July ‘14

12 month avg

Inventory

12 month avg= 68.5

July 2014 = 85

July 2013 = 92

July 2012 = 960

20

40

60

80

100

120

Ho

me

s

Homes Listed and Sold - Clark, NJ

* Very low inventory for this time of year! How will that affect prices?

July ‘12July ‘13

July ‘14

12 month avg

Prices

The average selling price of a home in Clark in July was $455,580.

0

100000

200000

300000

400000

500000

600000

Average Sale Price and List Price - Clark, NJ

Prices

12 month avg = $407,528

July 2014 = $ 455,580

July 2013 = $367,169

July 2012 = $350,833

0

100000

200000

300000

400000

500000

600000

Average Sale Price and List Price - Clark, NJ

July ‘12July ‘13

July ‘14

Prices

12 month avg = $407,528

July 2014 = $ 455,580

July 2013 = $367,169

July 2012 = $350,833

0

100000

200000

300000

400000

500000

600000

Average Sale Price and List Price - Clark, NJ

July ‘12July ‘13

July ‘14

* Definite upward trend in average sale price.

Days on Market

The average sold home in Clark in July was sold after 39 days.

0

20

40

60

80

100

120

140

Jan

-12

Feb

-12

Mar

-12

Ap

r-1

2

May

-12

Jun

-12

Jul-

12

Au

g-1

2

Sep

-12

Oct

-12

No

v-1

2

De

c-1

2

Jan

-13

Feb

-13

Mar

-13

Ap

r-1

3

May

-13

Jun

-13

Jul-

13

Au

g-1

3

Sep

-13

Oct

-13

No

v-1

3

De

c-1

3

Jan

-14

Feb

-14

Mar

-14

Ap

r-1

4

May

-14

Jun

-14

Jul-

14

Average Days on Market - Clark, NJ

Days on Market

12 month avg = 54

July 2014 = 39

July 2013 = 69

July 2012 = 1140

20

40

60

80

100

120

140

Jan

-12

Feb

-12

Mar

-12

Ap

r-1

2

May

-12

Jun

-12

Jul-

12

Au

g-1

2

Sep

-12

Oct

-12

No

v-1

2

De

c-1

2

Jan

-13

Feb

-13

Mar

-13

Ap

r-1

3

May

-13

Jun

-13

Jul-

13

Au

g-1

3

Sep

-13

Oct

-13

No

v-1

3

De

c-1

3

Jan

-14

Feb

-14

Mar

-14

Ap

r-1

4

May

-14

Jun

-14

Jul-

14

Average Days on Market - Clark, NJ

July ‘12

July ‘13

July ‘14

Days on Market

12 month avg = 54

July 2014 = 39

July 2013 = 69

July 2012 = 1140

20

40

60

80

100

120

140

Jan

-12

Feb

-12

Mar

-12

Ap

r-1

2

May

-12

Jun

-12

Jul-

12

Au

g-1

2

Sep

-12

Oct

-12

No

v-1

2

De

c-1

2

Jan

-13

Feb

-13

Mar

-13

Ap

r-1

3

May

-13

Jun

-13

Jul-

13

Au

g-1

3

Sep

-13

Oct

-13

No

v-1

3

De

c-1

3

Jan

-14

Feb

-14

Mar

-14

Ap

r-1

4

May

-14

Jun

-14

Jul-

14

Average Days on Market - Clark, NJ

July ‘12

July ‘13

July ‘14

* Buyers are buying fast in Clark!

What does this mean to you?

Very low inventory for this time of year!

If you’re planning to BUY a home, this might be a great time to get a deal!

If you’re planning to SELL a home, you need to make sure your home is in top showing condition and that it’s priced right so that it stands up to the competition!