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Big range of homes for sale in Union

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 SchoolHannah Caldwell SchoolConnecticut Farms Elementary SchoolFranklin SchoolLivingston SchoolWashington SchoolCentral 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.

 

For more information on selling a Union home:

If you’re considering selling your Union home, call us today for a free comparative market analysis of your home.

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For more information on Union Real Estate:

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The Springfield, NJ, Real Estate Market Report

Springfield, NJ, is located in northern Union County and is home to roughly 15,000 people. New Jersey Monthly magazine ranked Springfield as the 85th best place to live in New Jersey.

All of Springfield’s public schools are named for notably Springfield residents. Students in Springfield attend Edward V. Walton Early Childhood Center for grades Pre-K to 2, James Caldwell Elementary School in grades 3-5, Thelma L. Sandmeier Elementery School for grades 6-8 and Jonathan Dayton High School for grades 9-12.  Springfield students also attend Saint James the Apostle School serving grades Pre-K through 8.

 

Springfield currently has 5.2 months of inventory. This number tells you how many months it would take for all the current homes for sale on the market to sell, based upon the rate of sales in the past. A Months of Supply of more than 5 months is what real estate professionals often call a “buyer’s market.” This means that there are more sellers than buyers in the area and homes are selling slower than they are being put on the market. Typically, this decreases prices.

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There are 109 homes for sale in Springfield today. Fifteen were sold in September.

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The average sale price in Springfield in September was $443,574. This is 11% higher than the average sale price in September of 2012.

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To see a complete list of all homes offered for sale in Springfield, NJ, please click here.

If you have a home in Springfield that you’d like to sell, contact us for a free comparative market analysis!

For more information on Springfield, NJ:

 

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