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Posts tagged ‘Linden’

Union County Market Reports – July 2014

When you’re ready to buy or sell a home, one of the first steps you need to take is to educate yourself about the local market conditions. Here’s what you need to know this month:

 

For more information on selling your home:

 

Linden Real Estate Market Report – June 2013

If you’re planning on buying or selling a home in Linden, the first step is to learn about the Linden real estate market conditions. Here’s what you need to know this month.

Inventory: There are currently 241 homes offered for sale in Linden and they range in price from $60,000 to $649,000. Inventory has leveled off this summer and homeowners who are interested in selling their home will want to be sure that their home is in top selling condition. linINV614

Prices:  The average selling price of a home in Linden in June was $216,963, just slightly under the 12 month average of $210,757.

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For this month’s infographic, please click here.

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For more information on selling a home

For more information on the Real Estate in Linden:

 

 

Strong Buyers Market in Linden and Rahway

If you’re planning on buying or selling a home in Linden or Rahway, you need to understand the market conditions.

Inventory is high and prices are low. Selling a home might be a challenge if it’s not in tip top showing condition. For more information, please see our latest market report here.

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Linden and Rahway Real Estate

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Inventory: There are 455 active listings in Rahway and Linden as of today. Inventory continues to rise this spring from a low of 377 in December and from the high point of 463 in June of 2013.

A total of 26 homes were sold in April of 2014, down from 31 in March and 32 in April of 2014.

Prices:

Average list price in April, 2014 – $233,337, up 3% from April of 2013 and up 4% from March of 2014.

Average sale price in April, 2014 – $198,896, up 9% from April of 2013 but down 13% from March of 2014.

Time to sell your home:

Homes in Rahway and Linden are among the slowest selling homes in Union County. The average Days on Market in Rahway and Linden in April was 98 days, about 25% faster than March and almost identical to the average in April of 2013. The highest DOM seen in Rahway and Linden in recent years was 122 days in December of 2013 and the shortest DOM was 84 days in Spetember of 2013.

For more information on selling a home:

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

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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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:

Buyers Market in Rahway and Linden

Rahway and Linden are experiencing a strong buyers market. Inventory is steady with about 6% of active listings selling in February. There are currently 141 single family homes offered for sale in Rahway and 147 single family homes offered for sale in Linden.

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In February, the towns of Rahway and Linden had 26 homes sold for an average price of $178,425 and after an average of 151 days on the market.

Prices are down in Rahway and Linden. Over the past 2 years, prices have dropped about 21%.

When real estate professionals say that Linden and Rahway are experiencing a buyers market, we mean that there are more sellers than buyers. The result is that homes often take a long time to sell and that prices often drop.

If you are a homebuyer looking in Rahway and Linden, please click here to search for listings in Linden and click here to search for listings in Rahway. Then, call us at 908-917-4189 for your private showings.

If you are a homeowner thinking of selling your home, contact us at 908-917-4189 for a free comparative market analysis to find out what your home is worth in today’s market.

 

For more information on selling a home:

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

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