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Springfield, NJ Market Trends

By
Real Estate Agent with Remax First Realty II 0790808

Wait till you see what's going on in Springfield!

Check out this graph - we're showing active listings of the past 6 Januarys. It's plain to see that the inventory is back up to its normal robust levels!

But that's just part of the picture - what good is a high inventory if nothing's selling, right? So check out this graph, showing the same period of time. 2012 was the second best January of the past 6 years, and the market appears to definitely be on the upswing!

The good news doesn't stop there. A comparison of Days on Market reminds us of how very awful last winter was, but poitns out that things are apparently back to normal!

There is one trend in Springfield that will make homeowners cringe. Housing prices have held steady and even dropped slightly since 2009.

For more information on housing trends in Springfield and all of Union County, call us today at 732-499-0030 x 244.

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~ Wayne & Jean 

Union County, NJ - a great place to live and work!

If you're looking to buy or sell a property in Union County, call us at 908-917-4189 or email TeamZuhl@gmail.com.

 

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All opinions, information and data provided is deemed reliable but is subject to errors and omissions. Not intended to solicit other Brokers' clients. We cooperate with them fully.