There are currently 196 single family homes and 2 multi family homes on the market for sale. These numbers have risen in the past month as the spring market has picked up. Last month, there were about 175 listings for sale at this time. Inventory levels are higher than before, giving buyers more options when selecting a home.
Although prices in general have trended slightly lower, Westfield still remains an appealing option for many buyers, which has enabled homes to sell quickly if they are priced properly. Multiple offers are still a possiblity for competetively priced homes. However, with so many new listings, I expect days on market to rise for homes that are priced too high.
There were 30 properties that closed in March in Westfield, the average selling price was $891,675 and the average days on market was 77. (according to Garden State MLS Statistics)
Prepared By:
Sean Carroll - Realtor
RE/MAX Classic Group
Serving Cranford, Westfield, Garwood, Berkeley Heights, and surrounding towns as your Realtor!
http://www.westfieldpropertiesonline.com
http://www.thecarrollconnection.com/
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