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Posts tagged ‘Kenilworth’

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.

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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.

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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!

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market report, real estate, Union County

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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%.

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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.

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

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market report, Union County, year end

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Summer Recreation in Union County Parks

Union County’s Park System has plenty to entertain you and the family and friends this summer. There are dozens of parks throughout the County, each with something different to offer summer fun lovers!

Where can I bike in Union County?

  • Ashbrook Reservation in Scotch Plains
  • Echo Lake Park in Mountainside/Westfield
  • Lenape Park in Union/Westfield
  • Nomahegal Park in Cranford
  • Oak Ridge Park in Clark/Edison
  • Rahway River Parkway in Cranford
  • Warinanco Park in Elizabeth/Rosellebiking

Where can I canoe or kayak in Union County?

  • Milton Lake park in Clark/Rahway
  • Passaic River Parkway in Berkeley Heights/Summit
  • Rahway River Parkway in Clark
  • Watchung Reservation

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Where is there a dog park in Union County?

  • Echo Lake Park in Mountainside/Westfield

Where can I fish in Union County?

  • Blackbrook Park in Kenilworth
  • Briant Park in Summit
  • Cedar Brook Park in Plainfield
  • Echo Lake Park in Mountainside/Westfield
  • Elizabeth River Parkway in Hilside/Union
  • Green Brook Park in Plainfield
  • Lenape Park in Cranford/Kenilworth/Springfield/Union/Westfield
  • McConnell Park in Cranford
  • Milton Lake Park in Clark/Rahway
  • Nomahegan Park in Cranford
  • Passaic River Parkway in Berkeley Heights
  • Rahway River Parkway in Rahway/Clark/Linden/Cranford/Springfield
  • Watchung Reservation

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Where are there fitness trails in Union County?

  • Briant Park in Summit
  • Cedar Brook Park in Plainfield
  • Echo Lake Park in Mountainside
  • Esposito Park in Cranford
  • Nomahegan Park in Cranford
  • Oak Ridge Park in Clark/Edison
  • Phil Rizzuto Park in Union/Elizabeth
  • Ponderosa Park in Scotch Plains
  • Rahway River Parkway in Rahway/Springfeld

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Where can I play handball in Union County?

  • Cedar Brook Park in Plainfield
  • Mattano Park in Elizabeth

Where are there Nature Trails in Union County?

  • Ashbrook Reservation in Scotch Plains
  • Lenape Park in Cranford/Kenilworth/Springfield/Union/Westfield
  • Milton Lake Park in Clark/Rahway
  • Passaic River Parkway in Berkeley Heights/New Providence/Summit
  • Watchung Reservation

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Where are there pedal boats in Union County?

  • Echo Lake Park in Mountainside/Westfield
  • Rahway River Parkway in Cranford

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Where are there water sprays in Union County?

  • Cedar Brook Park in Plainfield
  • Phil Rizzuto Park in Union/Elizabeth
  • Ponderosa Park in Scotch Plains
  • Watchung Reservation

Where are there tennis courts in Union County?

  • Cedar Brook Park in Plainfield
  • Mattano Park in Elizabeth
  • Rahway River Park in Rahway
  • Unami Park in Cranford/Garwood/Westfield

 

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Union County

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Kenilworth Real Estate Recovers slightly

Home buyers and sellers in Kenilworth need to know market conditions before they make any decisions. Here’s what you need to know this month.

Inventory: The inventory in Kenilworth remains low for spring with only 41 homes offered for sale – the average this time of year is closer to 45.

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What does this mean to you? Buyers are eager to get into their new homes before the end of summer and are ready to look at your house!

Homeowners in Kenilworth who are considering selling their home might not find a stronger market. As the inventory continues to be low, prices are likely to increase.

Prices: We are seeing an slight increase in prices in Kenilworth, bkenPRICEmayut the spring market has been sluggish. May’s average sale price was $316,000, only 6% higher than April and 11% below the average last May of $361,942.

What does this mean to you? Homeowners can increase their home’s value by making sure that the home is in tip top showing condition and that all routine maintenance has been completed. Another way to increase your home’s value is to make upgrades that buyers are looking for – updated kitchens and baths always top the list.


Days on Market: 

The average home in Kenilworth was sold after 59 days on the market. Homes typically sell the fastest in the summer and the slowest in the winter.kenDOMmay

What does this mean to you?

Homes that are priced well and that show well are likely to sell the quickest. Contact us to be sure that you’re priced competitively.

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.

For more information on Kenilworth Real Estate:

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Union County

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Ready to sell in Kenilworth?

If you’re thinking of buying or selling a home in Kenilworth, one of the first steps you should take is to study the market conditions so that you understand how real estate is valued in Kenilworth. Here’s a good place to start.

kenilworthInventory: There are currently 37 homes offered for sale in Kenilworth ranging in price from $144,900 to $625,000 with an average list price of $338,743. You can browse them all by clicking here.

The inventory in Kenilworth is a little low for spring. There were 41 homes on the market in April of 2013 and 44 homes on the market in April of 2012.

Prices: The average sale price in Kenilworth in April was $399,143, 20% higher than the average over the last 12 months.  This could be due to the lower inventory. Buyers typically come out in large numbers in the spring, and Kenilworth’s inventory isn’t quite up to its normal spring levels. High demand with low inventory typically produces high prices.

Length of time to sell: Last month, we reported a slowdown in the rate of sales. The average home that sold in March sold after 153 days – significantly slower than any month in the past 18. April more than made up for it with the average home selling after only 53 days on the market. Nearly always, spring sees a shorter time on the market and this year is definitely no exception. Buyers who are ready to buy need to act fast to be sure to get the home they want!

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.

For more information on Kenilworth Real Estate:

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Union County

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What’s up in Kenilworth’s Real Estate Market?

Whether you’re a homeowner or thinking of becoming a homeowner in Kenilworth, here’s what you need to know about real estate values in Kenilworth.

Inventory: Only 1 home sold in March in Kenilworth, making March the slowest sales month in more than 2 years. The good news is that inventory is up – there are currently 35 homes offered for sale, up from 28 in February.

Prices: Of course, when only 1 home sells, that one home’s impact on averages is much more dramatic. The one house that was sold in March was sold for $280,000, which is lower than the average sale price in Kenilworth for the last six months.

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.

For more information on Kenilworth Real Estate:

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Union County

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Kenilworth prices remain steady

Are you a Kenilworth homeowner or a Kenilworth home buyer? Either way, here’s some news you can use.

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.

For more information on Kenilworth Real Estate:

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Union County

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