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The Rahway, 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 Rahway’s real estate market is dead in the winter!

This winter, Rahway had 190 active listings and 36 sold listings. The average sale price this winter was $211,662 with the average home selling after 125 days.

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

Significantly more homes were sold this winter (36) compared to last winter (29).

rahwaySALESfirstquarter2015

Inventory is slightly higher this year (190 listings) than last year (185).

rahwayINVENTORYfirstquarter2015

The average sale price in the first quarter of 2015 was $211,662 compared with an average sale price of $215,300 last year.

rahwayPRICEfirstquarter2015

The average home sold after 125 days this winter compared to 133 days in 2014.

rahwayDOMfirstquarter2015

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

For more information on selling a home:

For more information on the Real Estate in Rahway and Linden:

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

  1. […] The Rahway Real Estate Market Report for First Quarter 2015 […]

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