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Dale Fior

Sales Associate
Office:(201) 478-6745

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Downtown Jersey City 4th qtr 2016 Supply-Demand review

An analysis of the Supply & Demand ratio in DTJC: The Supply and Demand Ratio is the relationship between ‘New Offerings’ coming on the market in any given month or quarter and ‘in-contract Sales’ in that same period.  This activity is expressed as a percentage ratio.  In this State of your Real Estate Market Newsletter we will be looking by comparison at the Supply and Demand Ratio of the 4th quarter between the years of 2014 and 2016. The Supply and Demand Ratio is a frequently used indicator by real estate market analysts as well as highly professional and experienced real estate brokers. A rising percentage ratio is indicative of improving market conditions, or a condition of the demand for property keeping up with, or even exceeding the supply. A declining ratio is indicative of weakening market conditions, or a condition...
Posted to Market Snapshot on Friday, February 17, 2017 at 4:11:39 PM

Hoboken Q3 Supply & Demand - snapshot

The Supply and Demand Ratio is the relationship between ‘New Offerings’ coming on the market in any given month or quarter and ‘in-Contract Sales’ in that same period.  This activity is expressed as a percentage ratio. The Supply and Demand Ratio is a frequently used indicator by real estate market analysts as well as highly professional and experienced real estate brokers. A rising percentage ratio is indicative of improving market conditions, or a condition of the demand for property keeping up with or even exceeding the supply. A declining ratio is indicative of weakening market conditions, or a condition of the demand for property not keeping up with the amount of supply coming onto the market.  For example, a 100% ratio would indicate property being sold as fast as it comes on to the market in a given period.  A ratio of 50% would indicate property coming on the market...
Posted to Market Snapshot on Tuesday, November 22, 2016 at 5:12:30 PM

DOWNTOWN JERSEY CITY MARKET SNAPSHOT

The Seller : Buyer Ratio is one of the barometers most frequently used by professional housing market analysts and very professional real estate brokers. This relationship is expressed as a ratio between the number of home sellers with a home to sell, compared to the number of buyers who have contracted to purchase a home during a given month. So, a ratio of 10:1 would indicate there to be 10 sellers for every 1 home buyer, thus indicating an oversupplied market condition, and certainly not the case in DTJC at the moment. Conversely, a ratio of 1:1 would indicate a buyer for every home on the market, thus indicating strong market demand, quick marketing times and declining unsold inventory. Significant changes in this ratio typically provide an early warning of changing market conditions. For September 2016 the Seller to Buyer Ratio in DTJC is 2:1, meaning there are two sellers for every...
Posted to Market Snapshot on Friday, October 14, 2016 at 3:23:02 PM

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