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The Fanwood, NJ, Real Estate Market Report for First Quarter, 2015

Winter is the slowest time in Union County Real Estate. Not only do homes take longer than average to sell in the winter, they also sell for less in the winter than they do the rest of the year.

But don’t think for even one moment that Fanwood’s real estate market is dead in the winter!

This winter, Fanwood had 32 active listings and 13 sold listings. The average sale price this winter was $462,885 with the average home selling after 76 days.

How does the winter of 2014-15 compare with previous years?

More homes were sold this winter (13) than last winter (10).

fanwoodSOLDfirstquarter2015

Inventory is higher this year (32 listings) than last year (26).

fanwoodINVfirstquarter2015

The average sale price in the first quarter of 2015 was $462,885 compared with an average sale price of $386,450 last year.

fanwoodPRICEfirstquarter2015

The average home sold after 76 days this winter compared to 73 days in 2014.

fanwoodDOMfirstquarter2015

If you’re planning on selling your Fanwood home, call Team Zuhl today for a free comparative market analysis of your home. If you’re thinking of buying a home in Fanwood, call us today!

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Comments on: "The Fanwood, NJ, Real Estate Market Report for First Quarter, 2015" (3)

  1. […] The Fanwood Real Estate Market report for the First Quarter of 2015 […]

  2. […] The Fanwood Real Estate Market report for the First Quarter of 2015 […]

  3. […] The Fanwood Real Estate Market report for the First Quarter of 2015 […]

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