Union, NJ, is home to nearly 57,000 people. It occupies northern Union County in the area that was called Connecticut Farms in the 18th Century.
There are six primary (PreK-4) schools: Battle Hill School, Hannah Caldwell School, Connecticut Farms Elementary School, Franklin School, Livingston School, Washington School. Central Five-Jefferson School serves grade 5, and Burnet Middle School and Kawameeh Middle School serve grades 6 though 8. Union High School serves 2400 students in grades 9-12.
With 246 single family homes for sale in Union, there’s something for everyone. Prices range from to $84,900 $1,250,000 with property sizes from condos to 40 acre luxury properties. Inventory has dropped since the peak of spring, 2012, and has stayed relatively low for all of 2013.
With lower inventory, prices tend to increase and that’s exactly what we’re seeing. The average sale price of a home in Union in December was $270,806, well above the average 2013 sale price of $257,398 and even higher than the average 2012 sale price of $234,427.
Sales are still sluggish compared to the rest of Union County. The average Union County home sold in 76 days in 2013, but the average home in Union Township sold after 109 days. While this is still an improvement over the 2012 average of 116 days, December 2013 was sluggish at 141 days.
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About 23,000 people live in the beautiful Union County town of Scotch Plains. Many of those people take advantage of the 45 minute easy commute via New Jersey Transit to Manhattan. Public school children in Scotch Plains are served by the Scotch Plains-Fanwood Regional School District and attend Howard B. Brunner Elementary School, J. Ackerman Coles School, Evergreen School, William J. McGinn School, School One, Park Middle School, Terrill Middle School, and Scotch Plains-Fanwood High School. The Union County Vocational Technical Schools are in Scotch Plains as is Union Catholic Regional High School.
Inventory: There are 63 homes offered for sale in Scotch Plains, ranging in price from $199,999 to $799,000. Inventory is a little low – on average, 138 homes are on sale at any given time in Scotch Plains. Twenty two homes were sold in December.
Pricing: The average sale price of a home in Scotch Plains in December was $449,445, slightly lower than the 2013 average of $491,445 and lower than the average of $517,814 in December of 2012. Scotch Plains remains one of the highest market values of Union County.
How long does it take to sell a home: Scotch Plains homes sell faster than most Union County homes – in December, the average Scotch Plains sold home had been on the market for 53 days and the average for 2013 was 63 days. The county average was 76 days in 2013.
Team Zuhl is here to help you every step of the way. Please call or email us when you’re ready to get your home on the market! Good luck!
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The borough of Kenilworth has its roots as a pre-Revolutionary farming town and is currently home to almost 8000 people. Kenilworth public school children are served by Harding Elementary School, David Brearley Middle School, and David Brearley High School.
Fourteen single family homes are currently offered for sale in Kenilworth. They range in price from $150,000 to $625,000. This is a lower inventory than Kenilworth usually has – compare it to 24 homes listed in December of 2013 and 30 homes listed in January of 2013. Sales have also dropped off – only 24 homes were sold in December compared to the average of 35 homes sold per month through 2013 and 34 homes sold in December of 2012.
Sale prices in Kenilworth are slightly below the year’s average as well. The average sale price in Kenilworth in December was $294,500 compared with a 2013 average of $331,956 and compared with the average sale price of $376,744 in December of 2012.
Homes in Kenilworth sell slightly slower than the average home in Union County. In Kenilworth, a home was on the market for 95 days before it was sold in December. In Union County as a whole, the average days on market was 75 days.
If you’re interested in purchasing a home in Kenilworth or the surrounding area, please see a complete list of homes at www.WayneZuhl.com. If you’re planning to sell your Kenilworth home, please call us at 908-917-4189 for a free comparative market analysis of your home.
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The borough of Fanwood, NJ is home to just under 7500 people. Students in Fanwood are served by the Scotch Plains-Fanwood Regional School District. The Fanwood station is a New Jersey Transit railroad station on the Raritan Valley Line, making Fanwood a convenient home for commuters to NYC.
Inventory is down in Fanwood. There are currently 17 single family homes offered for sale in Fanwood, ranging in price from $199,000 to $770,000. Eight homes have sold so far in January, compared to the total of 5 homes sold during the entire month of December. While inventory has shrunk (25 active listings a month ago, 32 listings a year ago), sales have been brisk. Eight homes have sold so far in January, compared to the total of 5 homes sold during the entire month of December.
As you might anticipate, the average days on market of homes sold in Fanwood is very low. The county average days on market in 2013 was 74 days. The 2013 average for Fanwood was only 56 days and the December average was 46 days.
With homes selling this quickly in Fanwood, how are prices affected? The average sale price in Fanwood in December was $415,600. The average sale price in December of 2012was $405,000 and the average in all of 2013 was $427,709. This is about average for Union County.
What does this mean to the home buyer or seller in Fanwood? Call Team Zuhl today!
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