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Linden Real Estate Market Report - July 2015

By
Real Estate Agent with Remax First Realty II 0790808

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.

There were 21 homes sold in June of 2015.

 

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.


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:

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:

 

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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.