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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:

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Comments on: "What’s up in Kenilworth’s Real Estate Market?" (2)

  1. […] of time to sell: Last month, we reported a slowdown in the rate of sales. The average home that sold in March sold […]

  2. […] What’s Up in Kenilworth’s Real Estate Market? April 18, 2014 […]

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