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Real estate trading in Jordan increased by 4% for the first third of this year
Real estate trading in Jordan increased by 4% for the first third of this year

Jordan Times

time14-05-2025

  • Business
  • Jordan Times

Real estate trading in Jordan increased by 4% for the first third of this year

Volume of real estate trading in Jordan in the first third of 2025 reaches JD2,047 billion, an increase of 4 per cent says Department of Lands and Survey (JT file) AMMAN — The volume of real estate trading in Jordan during the first third of this year reached JD2,047 billion, an increase of 4 per cent compared with the same period in 2024, according to the monthly report of the Department of Land and Survey. According to the data monitored by Al Mamlaka TV, the volume of trading in the Jordanian real estate market during April amounted to JD555.5 million, an increase of 29 per cent compared with the same period of 2024, and 38 per cent compared with the previous March. The value of revenues during the first third of this year increased by 11 per cent compared with the same period in 2024 to reach JD84.5 million. The value of revenues during the month of April increased by 24 per cent compared with the month of 2024, and 39 per cent compared with the previous March, to reach JD21.5 million. The report indicated that the sale of real estate in the Kingdom during the first third of this year decreased by 1 per cent, as sales of apartments increased by 6 per cent, while land sales decreased by 3 per cent compared with the same period of 2024. The sale of real estate in the Kingdom during the month of April increased by 21 per cent, compared with its counterpart in 2024, and increased by 38 per cent compared with the previous March, as apartment sales increased by 28 per cent compared with their counterpart in 2024, and 34 per cent compared with the previous month, and land sales increased by 19 per cent compared with the same month of 2024, and 39 per cent compared with the previous March. The total number of properties sold to companies in the Kingdom during the first third of this year reached 3,772 properties. The report also indicated that the number of ownership transactions for non-Jordanians during the first third of this year decreased by 13 per cent, as sales of apartments decreased by 10 per cent, and land sales decreased by 17 per cent compared with the same period of 2024. During April, the number of ownership transactions for non-Jordanians increased by 20 per cent compared with 2024, and 17 per cent compared with the previous March, as apartment sales increased by 8 per cent compared with their counterparts in 2024, and decreased by 14 per cent compared with the previous March, while land sales increased by 33 per cent compared with the same month of 2024, and increased by 71 per cent compared with the previous month. The estimated value of sales of non-Jordanians during the first third of this year increased by 9 per cent, compared with the same period of 2024, reaching 65 million dinars, and this estimated value increased during last April by 56 per cent, compared with the same month of 2024, and 22 per cent compared with the previous March, reaching JD16 million, Al Mamlaka TV reported.

Middlesex County home sales for the week of May 11, 2025
Middlesex County home sales for the week of May 11, 2025

Yahoo

time11-05-2025

  • General
  • Yahoo

Middlesex County home sales for the week of May 11, 2025

698 Deerfield Lane. $535,000. 3 Pekola Terrace #5. $780,000. 76 Sharot St. $530,000. 135 Archangela Ave. $492,000. 19 Candlewood Court. $700,000. 5 Frederick Ave. $565,000. 11 Hamilton Drive. $962,500. 12 Ross Lane. $939,960. 206 Georges Road. $560,000. 504 Jacob Court. $262,000. 404 S Madison Ave. $490,000. 1 Beaverdam Drive. $1,375,000. 10 Tracy Drive. $557,620. 17 Peggy Road. $770,000. 19 Walton Court. $585,000. 26 Morris Court. $609,000. 274 Palombi Court. $380,000. 36 Frost Ave. $753,000. 11 Yuro Drive. $580,000. 19 Nicholas Court. $1,261,000. 2 Whitewood Road. $950,000. 209 Penn Ave. $382,500. 24 Snowflake Lane. $703,000. 25 Loring Ave #23. $580,000. 27 Timber Road. $906,300. 2706 Cricket Circle. $587,500. 3863 Park Ave. $1,600,000. 41 Dale Drive. $950,000. 5 Madaline Drive. $743,000. 9 Altamont Road. $855,000. 9 Van Buren Drive. $755,000. 408 Westgate Drive. $570,000. 10 S Elm St. $450,000. 11 Olive St. $470,000. 65 Murdock St. $650,000. 710 King Georges Road. $415,000. 88 Hornsby St. $535,000. 1101 Stoneridge Circle. $360,000. 2 Park View Terrace. $835,000. 68 Barbara Court. $605,000. 323 Gill Lane #7a. $300,000. 13 Warren St. $280,000. 41 Lincoln Ave. $545,000. 11 Talcott Court. $748,500. 145 Bret Court. $591,000. 25 Dillon Road. $520,000. 37 Delmore Drive. $835,000. 6 Bellingham Drive. $819,900. 10 Knoll Court. $485,000. 8 Forest Garden Drive. $552,750. 18 California Court #A. $263,500. 113 Stoneybrook Drive. $300,000. 548 Voorhees Ave. $500,000. 10 Zev Court. $650,000. 1004 Schindler Drive. $540,000. 46 Catawba Court. $531,000. 1 Beachwood Drive. $820,000. 11 Whitehall Road. $575,000. 25 Pineview Court. $1,090,000. 30 Fillmore Drive. $859,990. 30 Winthrop Road. $360,000. 31 Clover Lane. $765,000. 4 Sycamore Court. $1,060,000. 41 Drexel Terrace. $564,000. 5 Intravartolo Circle. $1,264,900. 927 Vanderbergh Blvd. $439,500. 1209a Lindera Plaza. $410,000. 26b Daniel Webster Ave. $390,000. 8a James Monroe Drive. $342,000. 169 Townsend St. $320,000. 20 Livingston Ave. #1103. $421,000. 282 Nichol Ave. $220,250. 70 Lee Ave. $460,000. 734 Cedar Court. $320,000. 154 Darwin Lane. $325,000. 811 N Oaks Blvd. $245,000. 154 Valentino Drive. $773,850. 158 Devon Court. $485,000. 18 Oakland Road. $975,000. 2 Emerson Lane. $555,000. 10 Rota Drive. $690,000. 28 Joyce Place. $485,000. 29 Ash Terrace. $675,000. 50 Pinetree Drive. $522,555. 9 Parkway Place. $485,000. 179 State St. $550,000. 210 1st St. $438,600. 639 Elizabeth St. $400,000. 64 Commerce St. $610,000. 683 Kosciusko St. $375,000. 800 Harbortown Blvd. $433,000. 107 Anita Drive. $670,000. 1621 W 6th St. $580,000. 1649 Division Ave. $525,000. 189 Nebula Road. $520,000. 20 Wakefield Lane. $560,000. 3 Cheryl Court. $590,000. 393 Metlars Lane. $685,000. 407 Rock Ave. $452,250. 705 Sunbrite Lane. $730,000. 973 E Lincoln Ave. $649,000. 13 Brewer Way. $754,990. 14 Barnyard Court. $1,601,000. 16 Warren St. $650,000. 9 Marion Road. $999,999. 703 Aspen Drive. $388,000. 307 Turkey Top Road. $825,000. 130 Vernon Way. $630,000. 2131 Windrow Drive. $570,000. 71 Sayre Drive. $850,000. 2115 Windrow Drive. $575,000. 292 Washington Road. $396,000. 34 Dane St. $600,000. 73 Vernon St. $522,000. 100 O'Leary Blvd #406. $290,000. 13 Jupiter Court. $415,000. 148 2nd St. $485,000. 155 Grand St. $445,000. 1628 Clinton Ave. $499,000. 319 Delmore Ave. $420,000. 328 Clifford St. $637,000. 411 S Plainfield Ave. $625,000. 24 Maple St. $463,500. 250 Musconetcong River Road. $765,000. 20 Dixon Drive. $650,000. Brad Wadlow is a staff writer for This article originally appeared on Middlesex County home sales for the week of May 11, 2025

Delisting A Home: Why It Occurs And How To Avoid It
Delisting A Home: Why It Occurs And How To Avoid It

Forbes

time08-05-2025

  • Business
  • Forbes

Delisting A Home: Why It Occurs And How To Avoid It

Learn how to avoid delisting your home. Although it is still a seller's market, with demand for homes steadily outpacing supply, another trend is emerging. Sellers are delisting their homes. 'Delisting a property means it is removed from the market,' says Brett Ringelheim, licensed real estate salesperson at Compass in New York. He notes that there are numerous reasons why a delisting may occur. And according to Amit Arora, chief investment officer at Opendoor, nearly 73,000 homes were removed from the market in December, 2024. Admittedly, some sellers may have delisted their homes for the busy holiday season. However, Arora says delisting is on the rise. And he points to Opendoor data showing a record-breaking 22% of homes delisted in July 2024 — nearly 60% higher than typical rates for that time of year. These are some of the reasons a home may be delisted, and advice to help avoid delisting. The reasons for taking a property off the market are plentiful. Vickey Barron, licensed associate real estate broker at Compass in New York, provides an extensive list of possible reasons. Sometimes, Barron says the seller just changed their mind, and decided that they no longer want to sell their it may be for a personal reason that they don't wish to share. 'In other instances, a family member or close friend wishes to buy the property off the market,' Barron explains. Or in the event of a divorce, she says one spouse may decide to keep the house. The real estate market may also affect the decision to delist. 'The market may not be in their favor, and they cannot get the price they need to make a move,' Barron says. In fact, some homeowners may decide to delist the property and then rent it out until the market picks up. 'This strategy makes sense if they do not need the money out of the home and believe the market will improve,' Barron says. Winter is my favorite season (no oppressive heat or flying insects), but it's not one of the best selling seasons for everyone. 'Perhaps the home looks particularly gloomy in the winter months, and sellers prefer to take a hiatus and wait until the spring to re-list,' Barron says. If a home isn't doing as well as expected on the market, it may need some work – and Barron says this could be significant or cosmetic. 'It is better to do the work first, and not have the days on the market accumulate,' Barron advises. There are also other possible reasons why a home may be delisted. For example, Barron says the listing may have expired, and the owner is delisting and then relisting wth a new agent/firm. 'The seller may have a good offer but can not find a place to move to, so they reject the deal and stay put,' she notes. Barron also provides a humorous reason. 'Their dog psychic tells them it is a no-go – and don't laugh, this really happened,' Barron says. 'Their astrologer, accountant, or friend advised them not to move, or at least not at this time.' In addition, it's possible that they were never genuine sellers and were testing the market out of curiosity. Often, Barron says the house was significantly overpriced, and the sellers were hoping to get lucky. However, it may not always be the case that the home was overpriced. 'Factor in high interest rates and home prices, and buyers increasingly can't meet sellers where they want to transact due to affordability,' Arora explains. It's not always possible to avoid the factors that may cause a property to be delisted. However, Ringelheim says real estate agents can reduce this risk by maintaining clear, open communication with sellers. 'Discuss potential buyer concerns early, price the property competitively, and address issues upfront,' he advises. Arora agrees, and says it's essential to price the home based on current market data and comparable sales. 'Being open to adjusting expectations and staying informed about local market trends can help keep your home attractive to buyers,' he says. In fact, when selling your home, Arora recommends that you consider the three C's: content, competition, and condition. Context: 'Homes sell most quickly from April through June, so sellers should be ready to go by the spring,' Arora says. He recommends determining if it's a buyer's or seller's market in your desired area, since this will help to determine your pricing strategy. Competition: 'Be aware of similar homes nearby that buyers might be considering, and how many of them there are,' Arora advises. The stronger the competition, the more you'll need to stand out, and he says this can be achieved with either price or condition. Condition: 'Buyers need to fall in love with the home, so it should be clean, highlight the key features that make it special, and be as close to a blank canvas as possible so buyers can easily envision themselves there,' Arora says. He notes that condition can also include upgrades and renovation trends.

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