When you’re thinking of buying or selling a home in Union, a necessary first step is to research the real estate market conditions. Here’s what you need to know this month.
Inventory: There are currently 347 homes offered for sale in Union. They range in price from $65,000 to $1,840,00. This is an exceptionally low inventory and the laws of supply and demand would indicate that prices will go up as an increased number of buyers are eager to be settled before the end of the summer.
Prices: The average sale price in Union in June was $256,649, just slightly above the 12 month average of $250,512. Prices have been relatively stagnant for the past year, although there is a downward trend when we compare past years.
2014 average YTD =$239,392
2013 average = $256,665
2012 average = $245527
To see this month’s infographic, please click here.
If you’re considering selling your Union home, call us today for a free comparative market analysis of your home.
For more information on selling a Union home:
- 3 Simple Steps To Selling Your Home Fast – 03/26/12
- 4 Ways to Get Union County Homes to Sell Quicker!! – 01/12/12
- How Do Sellers Choose the Right Agent?
- Preparing Your Home to Sell
- PRIDE in Selling Your Home
For more information on Union Real Estate:
- Buyers Market in Union – June 21, 2014
- Union Real Estate Market Report – 4/26/2014
- If You’re Ready to Buy, Union is the Town for you! 3/2014
- Big Range of Homes for sale in Union – 1/19/2014
- October in Union’s Real Estate Market
- Union Real Estate Market Report – August, 2013 – 08/07/13
- It’s a Buyer’s Market in Union! – 07/01/13
- Real Estate Market Report for Union, NJ – April, 2013 – 05/28/13
- JUST LISTED!! 1937 Arbor Lane, Union – 05/13/13
- Market Report for Union, for January-March, 2013 – 04/07/13
- JUST SOLD! 1473 Burnet Ave, Union – 12/27/12
- How long will my Union County home be on the market? – 02/24/13
- Real Estate Market Looking Up In Union, NJ – 10/26/12
- How do additional bathrooms or bedrooms affect market value in Union? – 10/13/12
- Free Market Analysis of Union, NJ – 08/01/12
- Union NJ Market Report for the First Half of 2012 – 08/01/12
- Union NJ Marketing Trends – 03/18/12