Market Analysis of Scotch Plains, NJ, Real Estate Market for January-March, 2013
- Total number of properties available - 153
- Total sales - 36
- Average sale price - $476,534
- Average list price - $573,929
- Average Days on Market - 81
- Average Sale Price/List Price ratio - 96%
- Absorption Rate - 7.0 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.")
For a list of all active properties available in Scotch Plains 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 Scotch Plains Real Estate:
How long will my Union County home be on the market? - 02/24/13
Buying and Selling a Home in Scotch Plains - 01/13/13
Shift in Scotch Plains Real Estate Market - 10/26/12
How does the number of baths/beds affect sale price in Scotch Plains? - 10/13/12
Free Market Report of Scotch Plains! - 08/18/12
Scotch Plains Market Report - 07/20/12
Scotch Plains Market Trends - 03/11/12
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