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Posts tagged ‘Scotch Plains’

Scotch Plains Real News

 

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:

Scotch Plains Real Estate Market Report – January 2014

About 23,000 people live in the beautiful Union County town of Scotch Plains. Many of those people take advantage of the 45 minute easy commute via New Jersey Transit to Manhattan. Public school children in Scotch Plains are served by the Scotch Plains-Fanwood Regional School District and attend Howard B. Brunner Elementary School, J. Ackerman Coles SchoolEvergreen SchoolWilliam J. McGinn SchoolSchool OnePark Middle SchoolTerrill Middle School, and Scotch Plains-Fanwood High School. The Union County Vocational Technical Schools are in Scotch Plains as is Union Catholic Regional High School.

 

There are currently 80 homes offered for sale in Scotch Plains, ranging in price from $135k to $1.56M. This is a lower inventory than most of the past 2 years, but not abnormally low for the middle of winter. I’m sure that the inventory will rise as the temperatures rise.

 

 

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Prices in Scotch Plains continue to fluctuate. The average price of a home sold in January in Scotch Plains was $438,533, down slightly from the end of 2013.

 

 

Homes in Scotch Plains continue to sell more quickly than the rest of Union County. The average home sold in Scotch Plains in January sold after about 3 months on the market, much faster than last winter.

 

 

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:

Is YOUR Union County town one of the 50 safest towns in NJ?

Four Union County towns made the list of the 50 safest towns to live in New Jersey, according to NJ.com.

Ranking at #33 was Scotch Plains, #34 was Cranford, #36 was Westfield, and #44 was Summit.

The criteria for determining the safety of a town were the 2011 FBI crime data in conjunctoin with local safety initiatives and security programs.

 

Homes are selling quickly in Scotch Plains!

About 23,000 people live in the beautiful Union County town of Scotch Plains. Many of those people take advantage of the 45 minute easy commute via New Jersey Transit to Manhattan. Public school children in Scotch Plains are served by the Scotch Plains-Fanwood Regional School District and attend Howard B. Brunner Elementary School, J. Ackerman Coles SchoolEvergreen SchoolWilliam J. McGinn SchoolSchool OnePark Middle SchoolTerrill Middle School, and Scotch Plains-Fanwood High School. The Union County Vocational Technical Schools are in Scotch Plains as is Union Catholic Regional High School.

 

Inventory: There are 63 homes offered for sale in Scotch Plains, ranging in price from $199,999 to $799,000. Inventory is a little low – on average, 138 homes are on sale at any given time in Scotch Plains. Twenty two homes were sold in December. 

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Pricing: The average sale price of a home in Scotch Plains in December was $449,445, slightly lower than the 2013 average of $491,445 and lower than the average of $517,814 in December of 2012. Scotch Plains remains one of the highest market values of Union County.

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How long does it take to sell a home: Scotch Plains homes sell faster than most Union County homes - in December, the average Scotch Plains sold home had been on the market for 53 days and the average for 2013 was 63 days. The county average was 76 days in 2013.

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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:

Scotch Plains Real Estate Market

About 23,000 people live in the beautiful Union County town of Scotch Plains. Many of those people take advantage of the 45 minute easy commute via New Jersey Transit to Manhattan.

 

There are currently 116 homes offered for sale in Scotch Plains, representing a 20% decrease in inventory over the past 3 months. Only 9 homes were sold in November, compared with 28 sold in October and an average of 32 sold each month this summer.

 

 

The average price of a home sold in Scotch Plains was $545,278 in November, compared with 10% higher this summer. The average price of a home sold in 2013 so far is $495,384 compared with an average of $484,174 in 2012.

 

 

The average home that sold in Scotch Plain in November had been on the market for 78 days, up from 46 in September but still lower than the average of 86 days it took to sell a home in Scotch Plains in 2012.

 

 

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:

The Scotch Plains Real Estate Market Report

About 23,000 people live in the beautiful Union County town of Scotch Plains. Many of those people take advantage of the 45 minute easy commute via New Jersey Transit to Manhattan.

There are currently 138 homes offered for sale in Scotch Plains – compared to the summer peak of 173 homes on the market, this is a low inventory. Twenty-six homes sold in October, about 20% less than the summer peak of 33 homes.

Homes that come on the market are selling quickly – the average Days on Market of a sold home in Scotch Plains was 58 days in October. This is about 40% faster than the average home sold in October of 2012, which took 96 days to sell.

Homes in Scotch Plains sold for an average of $495,302 in October, nearly 25% higher than in October of 2012.

 

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:

The Scotch Plains Real Estate Market Report

Scotch Plains, NJ is home to about 23,000 people in southern Union County. It was the site of the Battle of Short Hills during the  American Revolution. It was also home of the first African American country club, the Shady Rest Country Club, now the site of the Scotch Hills Municipal golf course.

Students in Scotch Plains are served by the Scotch Plains-Fanwood Regional School District which includes five elementary schools, two middle schools, and Scotch Plains-Fanwood High School. Scotch Plains is also home to theUnion County Vocational Technical Schools and Union Catholic Regional High School. Union County College has a facility in Scotch Plains as well.

New Jersey Transit passes through Scotch Plains and carries passengers to the Port Authority in Manhattan in about 45 minutes, making for an easy commute for Scotch Plains residents working in New York City.

There are currently 131 homes offered for sale in Scotch Plains. This is a 14% reduction in inventory since September of 2012. Decreased inventory usually results in an increase in prices.

scotch plains active and sold listings

The average sale price in Scotch Plains in September was $586,185.  As predicted, this is a 24% increase in sold price since September of 2012.

scotch plains sale price

Homes in Scotch Plains are selling quickly. The average home in Scotch Plains sold after 46 days on the market, significantly lower than the average home in Union County and 30% faster than September, 2012.

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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:

Analyzing School Ratings

How’s your school doing?

Among other factors, home values are directly linked to schools. Great schools bring up the prices of homes, and bad schools bring down the prices.

If you haven’t seen the news, this year’s School Ratings by Inside New Jersey has been published. Inside New Jersey is not the only school rating system but it is the first to publish their results this year.

Inside New Jersey used 4 years of data to evaluate schools. The criteria they used were the HSPA (High School Proficiency Assessment) and SAT (Scholastic Aptitude Test) results. Each school was given a letter grade – A, B, C or D. They didn’t score schools the way you would predict – in other words, a score of “A” isn’t the best. A score of A means, according to  Inside New Jersey, “above average score, below average growth,” whereas a B means “above average score, above average growth.” A C means “below average score, below average growth” and a D means “below average score, above average growth.”

Here are the scores:

School Town SAT 08 score 12 score Pct Change Grade
Union Cty. Magnet Hs Scotch Plains 1940 396.8 427.8 7.80% B
Academy For Information Technology Scotch Plains 1763 358.9 397.6 10.80% B
Westfield High School Westfuekd 1741 358.7 377.9 5.30% B
Summit Senior H.S. Summit 1713 351.5 369.9 5.20% B
New Providence H.S. New Providence 1742 368.7 368.4 -0.10% A
Governor Livingston H.S. Berkeley Heights 1667 351.3 360 2.50% A
Scotch Plains-Fanwood H.S Scotch Plains 1591 337 354.7 5.20% B
Cranford Senior H.S. Cranford 1606 343.2 353 2.90% A
Union Cty. Vo-Tech Hs Scotch Plains 1510 319.8 347.1 8.50% B
Jonathan Dayton Springfield 1535 320.6 331.1 3.20% A
Arthur L. Johnson Clark 1497 318.3 325.7 2.30% A
Roselle Park High School Roselle Park 1396 285.3 317.5 11.30% B
David Brearley Hs Kenilworth 1398 297.5 299.1 0.60% D
Rahway H.S. Rahway 1291 248.8 277.2 11.40% C
Union Sr High Union 1358 269.9 277 2.60% D
Linden H.S. Linden 1268 243.6 261.3 7.30% C
Hillside H.S. Hillside 1232 227.2 246.2 8.40% C
Abraham Clark H.S. Roselle 1188 220.7 232.5 5.30% C

When these scores are correlated to home values, the average value of a home in an A school district is $519,660. The average value of a home in a B district is $482,271. The average home in a C school district is valued at $280,825 and the average home in a D school district is valued at $361,800.

For more information on schools in Union County, click here. For more information on home values, click here.

How to Sell Your Home!

In many parts of Union County, we’re experiencing a weak seller’s market or a diminishing buyer’s market. If you want to get in on the summer market, here are some things you need to know before you list your home:Image

  1. Make repairs before you list your home! Things like leaky roofs, dead light bulbs, and broken windows,  will make it harder for potential buyers to see your home’s attributes. Take care of them before you list your home.
  2. Make home improvements that will increase the value of your home. If your budget and time frame allow, making these repairs now will help get your home sold quicker and for a higher price.
  3. Educate yourself about the home selling process. Here is a link to a free video called “Preparing your home to sell.”
  4. Interview real estate agents. Most sellers hire the first agent they interview, while others continue looking. Be sure to choose an agent who shows you a vibrant marketing plan that you trust.
  5. Research market conditions in your neighborhood so that you can make an intelligent decision about pricing your home.  We’ve linked some local market reports below to help you get started.

Mid-Year Real Estate Market Reports for Union County

When you’re considering buying or selling a home in Union County, you need the most up-to-date information about sales prices and inventory.  Here are the latest market reports for the towns in Union County:

When you’re ready to buy or sell a home in Union County, call Team Zuhl!

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