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Linden Real Estate Market Report - January-March, 2013

By
Real Estate Agent with Remax First Realty II 0790808

Market Analysis of Linden, NJ, Real Estate Market for January-March, 2013

 

  • Total number of properties available - 235
  • Total sales - 15
  • Average sale price - $208,783
  • Average list price - $222,849
  • Average Days on Market - 115
  • Average Sale Price/List Price ratio - 90%
  • Absorption Rate - 11.5 months of inventory (4-6 months is a "normal" market, less than 4 months is a "sellers market" and more than 6 months is a "buyers market.")

Linden buyers are currently enjoying a very strong buyers market. Properties are selling at about 90% of list price, and there are plenty of homes available. For a list of all active properties available in Linden today, please click here and click on "Search Homes."

For a free market analysis of your home, please email us at TeamZuhl@gmail.com.

For more information on Linden Real Estate:

How long will my Union County home be on the market? - 02/24/13

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

Free Market Analysis of Linden, NJ - 07/30/12 

Linden, NJ, Market Report - 1st half of 2012 - 07/09/12 

Time to Sell in Linden! - 03/11/12

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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.