Making Your Real Estate Dreams Come True

Posts tagged ‘selling a home’

Buying and Selling a Scotch Plains Home – July 2015

Before you buy or sell a home in Scotch Plains, 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 176 homes offered for sale in Scotch Plains. This is pretty normal for Scotch Plains – you can see in the graph below that every sumer has a peak inventory of roughly 175 homes. The summer market is definitiely heating up.

scotchplainsINVjune2015

Prices: The average price of a sold home in Scotch Plains in June was $472,235. This is 8% higher than June of 2014 when the average sale price was $439030 but 8% lower than the 12 month average of $508,310. What’s happening? There’s a definite up-trend over the past year as the real estate market continues to settle, and you’ll notice that the peaks and valleys are less extreme now than they were three years ago.

scotchplainsPRICEjune2015thisoneisajpeg

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 Scotch Plains 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: The average sold hom in Scotch Plains was sold after 56 days on the market. Looking at this graph of the past 3 years, it’s easy to see that things have improved quite dramatically although there are still some bumps in the road.

scotchplainsDOMjune2015

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’re planning on selling your Scotch Plains home, call Team Zuhl today for a free comparative market analysis of your home. If you’re thinking of buying a home in Scotch Plains, call us today!

For more information on selling a home:

 

For more information on Scotch Plains Real Estate:

Buying and Selling a Home in Rahway – July 2015

Before you buy or sell a home in Rahway, 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 228 single family homes offered for sale in Rahway. This is slightly higher than previous years. Higher inventory sometimes leads to lower prices.

rahwayINVjune2015

Fifteen homes were sold in June in Rahway. This is much lower than we usually see in June.rahwaySOLDjune2015

Prices: The average home that sold in Rahway in June was sold for $234,739. This is the highest average sale price we’ve seen in Rahway since last summer and higher than the 12 month average sale in Rahway which is $209,872.rahwayPRICEjune2015

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 Rahway 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: Homes that sold in Rahway in June had been on the market for an average of 95 days. This is slower than we saw last summer when homes were selling iafter 43-55 days.

rahwayDOMjune2015

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’re planning on selling your Rahway home, call Team Zuhl today for a free comparative market analysis of your home. If you’re thinking of buying a home in Rahway, call us today!

For more information on selling a home:

For more information on the Real Estate in Rahway and Linden:

Buying or Selling a Home in Mountainside – July, 2015

Before you buy or sell a home in Mountainside, 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 50 single family homes offered for sale in Mountainside. This is an unusually low inventory for the beginning of summer. Low inventory sometimes results in an increase in prices. There were 8 homes sold in June in Mountainside.

mountainsideINVjune2015

Prices:

mountainsidePRICESjune2015

The average sale price of a home in Mountainside in June of 2015 was $698,681. This is 11% higher than the 12 month average of $625,728 and the highest June average of the past several years.

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 Clark 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:

mountainsideDOMjune2015

Eight homes were sold in June in Mountainside and they were sold after an average of 55 days on the market, the fastest June sales in several years. The 12 month average in Mountainside is 63 days.

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 Union County, please call Team Zuhl! We’re happy to help you in all of your real estate needs!

If you’re planning on selling your Mountainside home, call Team Zuhl today for a free comparative market analysis of your home. If you’re thinking of buying a home in Mountainside, call us today!

For more information on selling your home:

For more information on Mountainside Real Estate:

Not intended to solicit currently listed properties.

Buying or Selling a Home in Linden – July 2015

Before you buy or sell a home in Linden, 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 279 single family homes offered for sale in Linden. This is a higher inventory than we normally see in June. Increased inventories tend to cause a decrease in prices.

lindenINVjune2015

There were 21 homes sold in June of 2015.

lindenSOLDSjune2015


Prices
: The average price of a home sold in Linden in June was $224,043. about 4% higher than the 12 month average of $215,276.

lindenPRICEjune2015
Sellers who want to get top dollar for their Linden 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 Linden 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:

lindenDOMjune2015

Homes that sold in Linden in June sold after an average of 124 days on the market, significantly higher than the 12 month average of 98 days.

Home sellers who are interested in selling their Linden 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 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:

For more information on the Linden Real Estate Market:

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:

Buying or Selling a home in Cranford – July 2015

Before you buy or sell a home in Cranford, you need to know how the real estate market has been performing. Here’s what you need to know this summer:

Inventory:

 cranfordINVjune2015

There are currently 132 homes offered for sale in Cranford. This summer has seen the highest inventory in Cranford in several years. Higher inventory sometimes leads to a decrease in prices. There were 22 homes sold in Cranford in June.

Prices: 

cranfordPRICESjune2015

The average price of a home sold in Cranford in June was $470,048. This is about 9% higher than the twelve month average sale price. May of 2015 had an average sale price of $510,020 which is the highest average sale price in several years. 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 Clark 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:

cranfordDOMjune2015

Homes in Cranford sell quickly. The average home that sold in Cranford in June was sold after only 32 days on the market, and the 12 month average in Cranford was 56 days on the market. 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’re planning on selling your Cranford home, call Team Zuhl today for a free comparative market analysis of your home. If you’re thinking of buying a home in Cranford, call us today!

For more information on selling your home:

 

For more information on Cranford Real Estate:

Buying or Selling a Home in Clark, NJ – July 2015

Clark, NJ is home to 15,000 people and was incorporated as a township in 1864. Clark was named for Abraham Clark, a signer of the Declaration of Independence.

Before you buy or sell a home in Clark, your first step is to understand how the real estate market is performing. Here’s what you need to know this summer.

Inventory:  clarkDOMjune2015

There are currently 54 single family homes offered for sale in Clark which is lower than we normally see in the summer. A lower inventory might boost prices. Twelve homes were sold in June, just under the 12 month average of 14 homes and lower than we normally see in June.

Prices:

clarkpricejune2015

The average home that sold in Clark in June was sold for $489,458, almost 20% higher than the twelve month average in Clark. 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 Clark 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: 

clarkINVENTORYjune2015

Homes sell quickly in Clark. In June, the average home sold after 75 days, a bit longer than the 12 month average of 61 days. 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 Clark, New Jersey, 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 Clark and Clark 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:

2014 Springfield Real Estate Round Up

The Township of Springfield, NJ, is home to nearly 16,000 people and is the home of Baltrusol Golf Club. It is also the location of the Battle of Springfield which was the last battle of the Revolutionary War.  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 notable 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.

Before you buy or sell a home in Springfield, it’s important to understand the local real estate market. Here’s what you need to know:

Inventory: There are currently 10 homes offered for sale in Springfield – about 60% fewer than were on the market in August and 33% fewer than the 2014 average.

springfield14inventory

Prices: The average price of a sold home in Springfield in December 2as $445,450, about 11% higher than the 2014 average and 27% higher than the 2013 average.

springfield14prices

Days on Market:

December was a very slow month for sales in Springfield. The average home that sold in December had been on the market for 134 days – higher than any month in the past 3 years. The average for 2014 was 65 days which is 2 weeks faster than the 2013 average of 78 days.

springfield14dom

What this means to you: It’s never been more important than now to have competent and experienced professional representation when you’re thinking of buying or selling. If you have a home in Springfield that you’d like to sell, contact us for a free comparative market analysis! If you’re thinking of buying a home in Springfield, click here to search available homes.

For more information on selling your home:

For more information on Springfield, NJ:

2014 Real Estate Market Update for Rahway, NJ

Happy New Year!  Rahway  has had several revitalization projects in recent years. Its population is just over 27,000. Students in Rahway are served by Grover Cleveland School,  Franklin School, Madison School, and Roosevelt School, Rahway 7th & 8th Grade Academy for grades 7-8 and Rahway High School for grades 9-12.

Before you buy or sell a home in Rahway, here’s what you need to know for 2014:

Inventory: There are currently 191 homes offered for sale in Rahway. The average active inventory in Rahway for 2014 was 214 homes – about 16% higher than 2013. Higher inventory helps to create a Buyers’ Market in which there are more homes than people interested in buying a home. This has the tendency to reduce prices. Homes that are priced closer to value and homes that are well maintained sell for more than comparable homes that are priced higher than value or are not as well maintained.

rahway14inventory

Prices:

The average sold price of a home in Rahway in December was $247,190 compared to the yearly average sold price of $236,361. This reflects a 4% increase as compared to 2013. 

rahway14prices

Days on Market:

Homes that are well maintained and that are priced close to value will sell faster than homes that are less well maintained and homes that are priced too high. The average Days on Market in Rahway in December was 52 days – this is the fasted turn around in Rahway in several years. The 2014 average DOM was 85 days, 16% faster than 2013.

rahway14dom

What does this mean to you? If you are a homeowner or a homebuyer in Linden, it’s never been more important than now to have competent and professional representation. Team Zuhl is here to help you every step of the way. Contact us now for your free Comparative Home Analysis!

For more information on selling a home:

For more information on the Real Estate in Rahway and Linden:

Tag Cloud

%d bloggers like this: