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Real Estate Market Report for Mountainside, NJ – August 2015

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

For more information on selling your home:

For more information on Mountainside Real Estate:

Not intended to solicit currently listed properties.

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How Long Will It Take To Sell Your House in Mountainside?

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

For more information on selling your home:

For more information on Mountainside Real Estate:

Not intended to solicit currently listed properties.

Buying or Selling a Home in Mountainside – July, 2015

Before you buy or sell a home in Mountainside, your first step is to understand how the real estate market is performing. Here’s what you need to know this summer.

Inventory: There are currently 50 single family homes offered for sale in Mountainside. This is an unusually low inventory for the beginning of summer. Low inventory sometimes results in an increase in prices. There were 8 homes sold in June in Mountainside.

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Prices:

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The average sale price of a home in Mountainside in June of 2015 was $698,681. This is 11% higher than the 12 month average of $625,728 and the highest June average of the past several years.

Sellers who want to get top dollar for their home will want to be sure that their marketing is on point and that their home is appropriately priced. Buyers who are looking for a bargain in Clark will want to do their research. When you find the home you want to buy, be sure that your offer is competitive because there are many multiple offer situations this summer.

Days on Market:

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Eight homes were sold in June in Mountainside and they were sold after an average of 55 days on the market, the fastest June sales in several years. The 12 month average in Mountainside is 63 days.

Home sellers who are interested in selling their property quickly will need to be sure that the home is priced correctly. Overpriced homes sell much more slowly, if they sell at all. Condition also affects the speed at which a home will sell. Homes that are cleaner, more up to date, and in better condition will sell faster than others.
If you are a buyer or a seller interested in a home in Union County, please call Team Zuhl! We’re happy to help you in all of your real estate needs!

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

For more information on selling your home:

For more information on Mountainside Real Estate:

Not intended to solicit currently listed properties.

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

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

This winter, Mountainside had 35 active listings and 10 sold listings. The average sale price this winter was $689,900 with the average home selling after 48 days.

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

Slightly fewer homes were sold this winter (10) compared to last winter (13).

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Inventory is higher this year (35 listings) than last year (28).

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The average sale price in the first quarter of 2015 was $689,900 compared with an average sale price of $604,531 last year.

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The average home sold after 48 days this winter compared to 59 days in 2014.

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

For more information on selling your home:

For more information on Mountainside Real Estate:

Not intended to solicit currently listed properties.

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