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Single Family
Active listings: 109
Under contract: 30
Sold & Closed: 80
Average days on market: 222
Condo/Towhomes
Active listings: 128
Under contract: 28
Sold & Closed: 81
Avg days on market: 298
Roselle Real Estate has continues to see the same activity it did in 2008 this year. Roselle home sales will probably end up with about the same amount of closings this year. There has been increased buyer activity on first time buyer type properties. And as prices have fallen, more buyers have decided the time is right to take advantage of it. If you’re considering a home, townhome, or condo purchase in Roselle there may not be a better time for years to come than now.
Data from 1/1/09-10/31/09 for closed listings, courtesy of MRED MLS.
1585 Tuppeny Court, Roselle. Big, beautiful townhome with 2 car garage and full basement. Listed for $229,900. Search for your next townhome, house, or condo here.
If you’re a first time buyer and in a position where you can purchase a place of your own, you have stumbled on one of the best times ever to buy! You’ll be able to take advantage of super low interest rate (the lowest in 37 yrs in fact!), and low prices at the same time. If that were not enough, you can also get a $8000 tax credit when you close by Nov 30 of this year. We have more information posted here. Several area towns also have grant programs that match money you come up with toward your down payment (up to $10,000 even!). Check them out here.
Despite what you see on the news, you can get a mortgage if you have decent credit and a miminal down payment (you could even borrow your down payment and pay the generous person right back when you get your tax credit!). The first step is getting pre-approved which is a painless process you can do over the phone. We can refer you to a great lender. That will tell you what you can afford and the amount of the monthly payments. Then you’ll be ready to start looking! Don’t miss your chance. Years from now you don’t want to be one of the many people who will say they wish they had bought a home in 2008 or 2009!
You don’t necessarily have to be a ‘first time’ buyer either. You also qualify for the $8,000 tax credit if you have not owned a home in 3 years!
Contact us for our First Time Buyer’s Guide that walks you through all the steps of your home purchase.
2008 Real Estate Review for Roselle Homes and Real Estate:
Single Family
Active listings: 87
Under contract: 10
Sold & Closed: 117
Average days on market: 206
Condo/Towhomes
Active listings: 158
Under contract: 14
Sold & Closed: 106
Avg days on market: 211
2008 was an ugly year for Real Estate. For 2009 we’ll begin to get an idea of the overall attitude of buyers and sellers over the next few months as we head into the Spring market. Despite the bad year, you can see many people did sell and close on their homes. They priced for the market and found a buyer. There are some buyers looking, but they don’t act unless the price is right. Interest rates have dropped recently too, making this a great time to purchase a home in Roselle.
Data from 1/1/08-12/31/08 for closed listings, courtesy of MRED MLS.
Single Family
Active listings: 151
Under contract: 16
Sold & Closed: 54
Average days on market: 160
Condo/Towhomes
Active listings: 157
Under contract: 13
Sold & Closed: 48
Avg days on market: 131
Roselle homes and Real Estate are having the same results as other towns in our area. Long market times, especially when sellers are asking too much for their homes. Though there are closings, and the market times on the under contract listings are lower than on what is available. Again showing the better priced homes are the ones that are able to sell right now. Are you considering buying? This may be one of the best times ever.
Data from 1/1/08-6/30/08, courtesy of MRED MLS.
Beautiful new home in Roselle!
Marcie & Adam were great to work with, we had a good time searching for their new home. There was alot on the market within their price range. We ended up finding a great home in a great neighbor at a great price. Good luck in the future!
1st quarter ’08 update for Roselle homes and Real Estate:
Single Family Condo/Towhomes
Active listings: 137 Active listings: 141
Under contract: 17 Under contract: 15
Sold & Closed: 16 Sold & Closed: 15
Average days on market: 145 Avg days on market: 163
Market activity is increasing for Roselle homes. The next few months will tell the story for the year. Homes that are priced right are still selling. Buyers are looking for the best value, and will pay what a home is worth.
Contact us when you’re ready to buy or sell.
Roselle saw exactly 150 single family homes sell and close last year. The averages were 137 days on market, $348,877 sale price. Headed into 2008 there are 100 homes available, of those 3 are currently under contract.
142 condos and townhomes closed during the year. They sold for an average of $213,210 in 82 days on the market. There are 122 listings available today with 11 under contract.
