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Posts tagged ‘Fanwood’

Memories of Bowcraft

 Author’s Note: Team Zuhl is not affiliated with the owners of Bowcraft or the Purchaser of the property. 

With the Bowcraft property being sold (not by Team Zuhl) it appears that the amusement park will be razed.  The current plan is for an apartment complex to be built on the site.

I grew up in Cranford, and in my youth, Bowcraft was a place where I spent many, many days.  Riding the rides, when I was a bit older (probably 17) we would go there for the arcades and mini-golf.  I have fond memories of bringing my nieces and nephews there and my own children got to enjoy Bowcraft in their younger years also.

So now, it is going to be a memory.  But a memory will be kept alive as long as people keep talking and sharing about it.

Here’s where you come in.  Please leave your memories and photos about Bowcraft in the comments below.  I’m sure that even though we will all miss Bowcraft, sharing these memories will help keep Bowcraft alive and will brighten the faces of many young and old.

As soon as we find out any new information about the site, we will post it here or on our website: http://www.waynezuhl.com/ 

All opinions, information and data provided is deemed reliable but is subject to errors and omissions. Not intended to solicit other Brokers’ clients. We cooperate with them fully. 

Fanwood Real Estate Market Report – August 2015

fanwoodaugust15

If you are a buyer or a seller interested in a home in Fanwood, please call Team Zuhl! We’re happy to help you in all of your real estate needs!

For more information on selling a home

For more information on Fanwood Real Estate:

How long will it take to sell my Fanwood house?

DOMFanwoodinfographicIf you are a buyer or a seller interested in a home in Fanwood, please call Team Zuhl! We’re happy to help you in all of your real estate needs!

For more information on selling a home

For more information on Fanwood Real Estate:

Buying or Selling a Home in Fanwood – July 2015

Before you buy or sell a home in Fanwood, 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 49 single family homes offered for sale in Fanwood. It’s evident in examining this graph that inventory increases every summer and decreases in the winter in Fanwood. There were 8 homes sold in Fanwood in June.

fanwoodINVjune2015
PRICES:
The average home sold in Fanwood in June was sold for $452,750 which is about 3% higher than the 12 month average of $440,209. The average sale price in June of the past several years is shown in this graph in green. It’s evident that the trend is upward, and June 2015 saw averages about 14% higher than June of 2012.

fanwoodPRICESjune2015

Fanwood 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 Fanwood 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:

fanwoodDOMjune2015

The average home in Fanwood was sold after 24 days. This is the fastest sale rate seen in Fanwood since June of 2013. Summers typically have a lower Days on Market in Fanwood and in all of Union County. 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 Fanwood, please call Team Zuhl! We’re happy to help you in all of your real estate needs!

For more information on selling a home

For more information on Fanwood Real Estate:

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

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!

For more information on selling a home

For more information on Fanwood Real Estate:

How long will it take to sell my Union County home?

The length of time it takes to sell your Union County home is dependent on several factors, the most important of which are:

  1. Location
  2. Condition
  3. Upgrades
  4. Marketing

The average Union County home that was sold in 2014 was sold after 66.6 days with the range in Days on Market from 50 days (Cranford) to 105 days (Linden).  Among the fastest towns were Fanwood with 51 days, Westfield with 53 days, and Garwood with 54 days. Among the slowest towns were Union with 96 days and Rahway at 85 days.

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More great news – every single town in Union County had a faster average Days on Market in 2014 than in 2012.

countydom2012to2014

The county average showed that homes in Union County sold 14% faster in 2014 than in 2012. The biggest improvement in DOM were Rahway and Fanwood with a 33% decrease in time it takes to sell a home. The slowest improvement was in Linden which only showed a 5% decrease in time to sell a home.

countydom2014percentchange

How does this affect you? If you’re a homeowner, you can improve the length of time it takes to sell your home by improving its condition.  Another critical step is to choose a competent and professional agent who can market your home appropriately.

When you’re ready to buy or sell a Union County home, please contact us for more information!

What is your Union County Home Worth?

Happy New Year, Union County!

With the new year comes new data, and one of the most compelling numbers we’ve crunched this week has been the change in prices from 2012 to 2014.

County-wide, the average home in Union County sold for 3.9% more in 2014  than the average home in 2012. Not every town, however, saw an increase and some towns were bigger winners than others. Garwood is the biggest winner over the past 2 years – the average sale price of a home in Garwood increased by 40% from 2012 to 2014. Also on the winner’s board was Clark with a 16.3% increase. Mountainside saw a 14.7% increase in prices and Rahway is up by 14.5%. Fanwood home prices increased by 12.6% during this time period and Springfield increased by 9.9%. Lesser gains were seen by Westfield at 4/2%, Linden at 1.5% , and Union at 0.8%.

Three Union County towns saw decreases in home values when 2014 average home sales were compared to 2012. Cranford homes lost 0.5% value, Scotch Plains lost 1.8% value and Kenilworth comes in with the biggest loss of 9.4%.

countypercentchangeinsaleprice121314

county14pricesaverage14

What is your home worth? A home’s value is dependent on many things including location, condition, upgrades, and marketing. The average home in Union County in 2014 was sold for $403,443. In 2014, homes in Westfield were the highest valued homes in Union County. The average Westfield home that was sold in 2014 was sold for $711,933. Mountainside wasn’t far behind with an average price of $605,184. In the middle of the pack were Scotch Plains, Fanwood, Clark, and Springfield with average sale prices in the $400k range. Cranford, Garwood, and Kenilworth all had average sale prices in the $300k range and Union, Rahway, and Linden had average sale prices in the $200k range.

county14pricesaveragewholecountyA

When you’re ready to buy or sell a Union County home, please contact us for more information!

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