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

This winter, Scotch Plains had 125 active listings and 118 sold listings. The average sale price this winter was $551,616 with the average home selling 71 days.

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

Significantly more homes were sold this winter (118) compared to last winter (36).

SOLDscotchplainsYfirstquarter2015

Inventory is slightly higher this year (125 listings) than last year (111).

INVscotchplainsYfirstquarter2015

The average sale price in the first quarter of 2015 was $551,616 compared with an average sale price of $452,714 last year.

PRICEscotchplainsYfirstquarter2015

The average home sold after 71 days this winter compared to 65 days in 2014.

DOMscotchplainsYfirstquarter2015

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

For more information on selling a home:

For more information on Scotch Plains Real Estate:

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Comments on: "The Scotch Plains, NJ, Real Estate Market Report for First Quarter, 2015" (2)

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

  2. […] The Scotch Plains Real Estate Market Report for First Quarter 2015 […]

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