A great place to live and work

The city of Linden is home to about 40,000 people who are served by the Linden Public School system with eight elementary schools, McManus and Joseph E. Soehl Middle Schools, and   Linden High School. Linden homeowners enjoy one of the lowest tax rates in Union County.

Currently, there are 245 homes offered for sale in Linden. In September, there were 22 homes sold.

linden - active and sold listings

The average home sold in Linden in September sold for $221,739 after 85 days on the market. Not only is this much quicker than homes have been selling in Linden, it is also 15% higher than the average home sold in September of 2012.linden - average sale price and list price 

Real Estate Professionals judge the strength of a real estate market based upon the Months of Supply in the area. This number tells you how many months it would take for all the current homes for sale on the market to sell, based upon the rate of sales in the past.

A Months of Supply of 5 months is considered average – buyers and sellers are about equal in the area and homes are being bought at about the same rate that they are being put on the market.

A Months of Supply of less than 5 months is what real estate professionals often call a “seller’s market.” This means that there are more buyers than sellers in the area and homes are selling quicker than they are being put on the market. Typically, this increases prices.

A Months of Supply of greater than 5 months is what real estate professionals call a “buyer’s market.” This means that there are more sellers than buyers in the area and homes are sitting unsold for a while. Typically, this decreases prices.

In Linden, the months inventory has been decreasing pretty steadily for the past 18 months.linden months of supply

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 Linden Real Estate:

Advertisements

Comments on: "How’s Linden’s real estate market?" (12)

  1. […] How’s Linden’s Real Estate Market? October, 2013 […]

  2. […] How’s Linden’s Real Estate Market? October, 2013 […]

  3. […] How’s Linden’s Real Estate Market? October, 2013 […]

  4. […] How’s Linden’s Real Estate Market? October, 2013 […]

  5. […] How’s Linden’s Real Estate Market? October, 2013 […]

  6. […] How’s Linden’s Real Estate Market? October, 2013 […]

  7. […] How’s Linden’s Real Estate Market? October, 2013 […]

  8. […] How’s Linden’s Real Estate Market? October, 2013 […]

  9. […] How’s Linden’s Real Estate Market? October, 2013 […]

  10. […] How’s Linden’s Real Estate Market? October, 2013 […]

  11. […] How’s Linden’s Real Estate Market? October, 2013 […]

  12. […] How’s Linden’s Real Estate Market? October, 2013 […]

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: