Linden, New Jersey, is home to just over 40,000 people in southeastern Union County.
Before a buyer or seller begins a real estate transaction in Linden, the first step is to understand how the local real estate market is behaving. Before you list your home for sale, you need an accurate picture of how much it is worth. Before you begin looking at houses to buy in Linden, it’s important to know how much house you can afford.
Sales: Currently there are 300 homes offered for sale in Linden. The trend line for that past 3 years shows practically no change in inventory. There were 25 homes sold in Linden in August. The trend line over the past 3 years also shows no change in sales. Since real estate is often a function of supply and demand, it’s important to note that the same number of homes are listed every month as are actually sold.
Prices: The average sale price of a home sold in Linden in August was $231,081. Home prices have been increasing for several years. Lower mortgage rates and an increasing economy have helped boost prices in Linden even though the inventory remains high.
Days on Market: People who are selling their house often have anxiety about maintaining their home in show-ready condition. Being constantly ready for a showing is stressful and most home sellers are eager to sell quickly – not only to relieve the anxiety of being on the market, but also to help them get to the next stage in their lives. Therefore, Days on Market can be an indicator of how long an average home will take from the day it is listed until the day it sells. In Linden, homes sold in August after an average of 81 days on the market. The good news is that the overall trend in Linden is that homes are selling more quickly now than they were two or three years ago, although the improvement is very slow. The bad news is that homes sell slowest, typically, over the winter. Homeowners who want a quick sale have a small window of opportunity in the autumn before risking a longer time on the market.
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!
For more information on selling a home:
- PRIDE in Selling Your Home
For more information on the Linden Real Estate Market:
- Linden Real Estate Market Report – August, 2015
- How Long will it take to Sell My Linden House? July 2015
- Buying or Selling a House in Linden – July 2015
- The Linden Real Estate Market Report for the First Quareter of 2015
- Linden Real Estate Market Report – January, 2015
- Strong Buyers Market in Linden – June 21, 2014
- Linden and Rahway Real Estate – May 17 2014
- Rahway and Linden Real Estate Market Report – April 17, 2014
- Buyers Market in Rahway and Linden – 3/8/2014
- Single Family Homes for sale in Linden and Rahway – 1/1/2014
- The Linden Market Report – 11/2013
- October in Rahway’s Real Estate Market – November, 2013
- How’s Linden’s Real Estate Market? October, 2013
- Linden Real Estate Market Report for August, 2013 – 08/15/13
- Rahway Real Estate Market Report – August 2013 – 08/05/13
- Linden Months of Supply – 07/12/13
- How does the Months Supply in Rahway affect sellers? – 07/10/13
- Sell my home in Rahway! – 07/02/13
- Sell my Linden home! – 06/25/13
- Beautiful 3 BR home in Linden offered for sale! – 06/01/13
- Linden Real Estate Market Report – April, 2013 – 05/26/13
- Rahway Real Estate Market Report – April, 2013 – 05/27/13
- Linden Real Estate Market Report – January-March, 2013 – 04/20/13
- Rahway Real Estate Market Report – January-March, 2013 – 04/05/13
- 602 W. Curtis Street, Linden – 04/04/13
- Rahway, NJ – A brief historical look – 03/04/13
- How long will my Union County home be on the market? – 02/24/13
- The Winter Real Estate Market in Rahway – 02/23/13
- For Sale – 904 Kent Place, Linden – 12/10/12
- Buying or Selling a Home in Rahway, NJ – 01/12/13
- Linden Real Estate Market – 2012 in Review – 01/07/13
- Still a Buyer’s Market in Linden! – 10/29/12
- How do additional bathrooms or bedrooms affect market value in Linden? – 10/14/12
- How do additional bathrooms or bedrooms affect market value in Rahway? – 10/15/12
- Free Market Analysis of Linden, NJ – 07/30/12
- Linden, NJ, Market Report – 1st half of 2012 – 07/09/12
- Free Market Report of Rahway Homes! – 08/13/12
- Rahway Market Trends – 03/25/12