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Real Estate News for Springfield, NJ

If you’re thinking of buying a home in Springfield, or selling the home you already own, then you need to know as much about the Springfield real estate market as you can. Here’s everything you need to know for this month.

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Prices: The average sale price of a home in Springfield in March was $398,889, about 10% higher than the average over the last 12 months.  The average sale price of a home in March of 2013 was 21% lower, so there’s an obvious pattern of increasing prices going back to at least then.

 

 

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Inventory: There are currently 84 single family homes offered for sale in Springfield.  This is a lower inventory than was seen throughout 2012 and could be contributing to the increase in prices – as supply drops, prices tend to increase.

 

 

 

 

 

 

 

If you have a home in Springfield that you’d like to sell, contact us for a free comparative market analysis! If you’re thinking of buying a home in Springfield, click here to search available homes.

For more information on Springfield, NJ:

Real Estate Market Report for Scotch Plains, NJ

If you’re a homeowner or a prospective homebuyer in Scotch Plains, you’ll want to be as informed as possible about real estate conditions in this town. Here’s what you need to know for this month.

scotch plains inventoryThere are currently 115 homes offered for sale in Scotch Plains with an average list price of $570,112. Inventory typically increases in the spring, which is exactly what we’re seeing in Scotch Plains. The difference this year is that the inventory is so much lower than it’s been for the past several years.

scotch plains prices

Prices: The average sale price of a home in Scotch Plains in March was $431,825, about 10% lower than the average sale price over the last 12 months.

Team Zuhl is here to help you every step of the way. Please call or email us when you’re ready to get your home on the market! Good luck!

For more information on selling a home:

For more information on Scotch Plains Real Estate:

Cherry Blossoms in NJ!

Millions flock to Washington DC to see the Cherry Blossoms, but did you know that there are more cherry trees in New Jersey than in Washington?

Team Zuhl took a jaunt through Warinanco Park in Linden and snapped these lovely pictures. So if you’re looking for a little fresh air and some beautiful scenery, Warinanco Park is just what the doctor ordered!

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Prices and Inventory Rebound in Mountainside

Whether you’re a homeowner or a prospective home buyer, here’s what you need to know about the real estate market in Mountainside.

Prices: Things are definitely looking up in Mountainside’s prices with a higher average sale price in March than has been seen in Mountainside since January of 2013. For a comparative market analysis on your home, please email us at TeamZuhl@gmail.com.

Average sale price in March, 2014 – $644,980

Average sale price in February, 2014 - $530,000

Average sale price Feb. ’13-Feb.’14 – $549,643

Inventory: All indicators show that the low inventory of the winter is over in Mountainside. March’s inventory is higher than we’ve seen since autumn, although still not as high as last March when 43 homes were listed. To search for active listings in Mountainside, please click here.

Active listings - 32mountainside inventory

Sold properties in March, 2014 – 5

Active listings in February, 2014 – 24

Sold properties in February, 2014 – 2

If you’re interested in purchasing a home in Mountainside or the surrounding area, please see a complete list of homes at www.WayneZuhl.com or by clikcing here. If you’re planning to sell your Mountainside home, please call us at 908-917-4189 for a free comparative market analysis of your home.

For more information on Mountainside Real Estate:

Not intended to solicit currently listed properties.

What’s up in Kenilworth’s Real Estate Market?

Whether you’re a homeowner or thinking of becoming a homeowner in Kenilworth, here’s what you need to know about real estate values in Kenilworth.

Inventory: Only 1 home sold in March in Kenilworth, making March the slowest sales month in more than 2 years. The good news is that inventory is up – there are currently 35 homes offered for sale, up from 28 in February.

Prices: Of course, when only 1 home sells, that one home’s impact on averages is much more dramatic. The one house that was sold in March was sold for $280,000, which is lower than the average sale price in Kenilworth for the last six months.

If you’re interested in purchasing a home in Kenilworth or the surrounding area, please see a complete list of homes at www.WayneZuhl.com. If you’re planning to sell your Kenilworth home, please call us at 908-917-4189 for a free comparative market analysis of your home.

For more information on Kenilworth Real Estate:

What’s happening in the Garwood Real Estate Market?

Inventory: There are currently 12 homes offered for sale in Garwood at an average list price of $324,792.

Prices: The average sale price of a home in Garwood in March was $334,167. 

If you’re a Garwood homeowner,  call or email us when you’re ready to get your home on the market! Good luck!

If you’re a Garwood homebuyer, click here to search current listings in Garwood and then call us for your private showing of your new home!

 

Team Zuhl is here to help you every step of the way. 

For more information on Garwood Real Estate:

Fanwood, NJ, real estate market report

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Inventory: There are currently 33 single family homes offered for sale in Fanwood, representing about 50% increase in inventory over February of 2014. The average list price of homes currently offered for sale in Fanwood is $454,803. Five homes were sold in March.

Prices: The average sale price of a home in Fanwood in March was $390,500. 

 

 

What does this mean to the home buyer or seller in Fanwood? Call Team Zuhl today!

For more information on selling a home:

For more information on Fanwood Real Estate:

What’s Up in the Cranford Real Estate Market? Inventory!

cranford prices

Inventory: There are currently 88 single family homes offered for sale in Cranford including this beauty on Hory Street.  Twelve homes were sold in March for a total of 42 homes sold so far this year.

cranford inventory

Prices:  The average home in Cranford sold for $318,054 in March, 9% lower than in March of 2013 and 14% lower than March of 2012.

For more information on Cranford Real Estate:

Clark Real Estate Market Update

clark inventory

Prices: The average sale price of a home in Clark in March, 2014, was $399,600 which is about 14% higher than March of 2012.

clark prices

Inventory: There are currently 58 single family homes offered for sale in Clark at an average list price of $452,728.  Five homes were sold in March of 2014, only half of that sold in March of 2013.

If you’re thinking about selling your Clark home, get a free Comparative Market Analysis here.

For more information on selling a home:

For more information on Clark and Clark Real Estate:

Linden and Rahway Real Estate Market Update

 

 

Time on market: For homeowners in Rahway and Linden, the expected spring quickening in the real estate market has yet to arrive. While prices are up, the length of time it’s taking to sell the average home has actually increased. 

 

 

 

 

 

Prices: The average sale price in Rahway and Linden is higher than it’s been in more than 2 years. The average sale price in Rahway and Linden in March of 2014 was $228,493.

 

 

 

 

 

Inventory: The inventory in Rahway and Linden was lower this winter than it’s been in over 2 years, but is now beginning to recover. To search Rahway listings, click here. To search Linden listings, click here.

For more information on selling a home:

For more information on the Real Estate in Rahway and Linden:

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