A great place to live and work

 

Scotch Plains, NJ was famous in the Revolutionary War as the site of the Battle of Short Hills. 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. It is now home to about 23,000 people, many of whom enjoy the ease of a short 45 minute commute to Port Authority via New Jersey Transit.

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.

In Scotch Plains, 248 homes were sold in 2012 with sales peaking in the summer and resulting in a 43% decrease in inventory at the end of 2012 compared to the beginning of 2012. Only 101 homes are actively for sale  and this represents less than 4  months worth of inventory remaining in Rahway which is much lower than most of Union County. At the current rate of sales, it will take 3.7 months for the existing listings to sell.

 

 

List prices in Scotch Plains essentially increased about 8% over 2012. Sale prices, on the other hand, ended the year about 11% lower than they were in January.

 

 

Homes in Scotch Plains sold quickly this year. The average days on market of a home in Scotch Plains was less than 2 months over the summer and remains less than 3 months even at the end of the year.

 

 

If you’re thinking of buying a home in Scotch Plains or if you’re thinking of selling your home in Scotch Plains, you deserve a Realtor who understands the market and can get you the best deal. Please call us at 908-917-4189 for your personal consultation.

 

 

 

 

For more information on housing in Scotch Plains:

Shift in Scotch Plains Real Estate Market

How does the number of baths/beds affect sale price in Scotch Plains?

Free Market Report of Scotch Plains!

Scotch Plains Market Report

It made me wish I was 5 again

Scotch Plains Market Trends

11 Union County High Schools Make the Top 1000 List!

 

Advertisements

Comments on: "What’s happening in the Scotch Plains Real Estate Market" (1)

  1. Hello, i read your blog from time to time and i
    own a similar one and i was just curious if you get a lot of spam feedback?

    If so how do you prevent it, any plugin or anything you can suggest?
    I get so much lately it’s driving me insane so any help is very much appreciated.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Tag Cloud

%d bloggers like this: