Happily, Real Estate activity in Westfield has not screeched to a halt, as shown by the 38 contracts signed since the 1st of the year. Selling at the current pace, and if no more homes are listed, Westfield would sell out in 8.9 months (absorption rate). That is down from 12 months last fall, though it took some considerable price positioning to get there, as the chart also shows.
Westfield is faring pretty well, because. . .people want to live here!
What separates the dozens of houses sold from the multitude of "on-the-markets?" What makes a seller sincere right now? The successes are prepared, presented and priced in a truly businesslike way.
Location and "move in" are very powerful now, along with value. You can see that houses sold all over the price spectrum, and if you know our town, they sold in a wide variety of locations too. The sellers and agents made honest assessments of the location and size of the houses (historic decisions) and the market preparation (current decisions) and priced what they really had to offer. Many of the houses with long market times, and reductions, sold quickly after they repositioned themselves. In other words they won as soon as they started fishing in the right pond.
If you would like to see the listings and pictures behind the story, please drop me a line. Scott@LuxuryHomesNJ.com
|
STATUS |
NUM |
Street name |
ORIGLIST |
LISTPRICE |
SALEPRICE |
PENDDATE |
LISTDATE |
DOM |
|
S |
902 |
Highland Ave |
1500000 |
1399000 |
1250000 |
1/4/09 |
10/8/08 |
88 |
|
S |
16 |
N Wickom Dr |
375000 |
375000 |
375000 |
1/6/09 |
12/20/08 |
17 |
|
S |
58 |
Summit Court |
529000 |
529000 |
500000 |
1/8/09 |
11/12/08 |
57 |
|
S |
1723 |
Summit Ave |
549900 |
428900 |
400000 |
1/9/09 |
10/1/08 |
100 |
|
UC |
1321 |
Pine Grove Ave |
469900 |
399900 |
1/9/09 |
10/9/08 |
92 |
|
|
S |
808 |
Lawrence Ave |
2995000 |
2799500 |
2600000 |
1/17/09 |
10/1/08 |
108 |
|
S |
149 |
Summit Ct |
599900 |
479900 |
420000 |
1/19/09 |
8/20/08 |
152 |
|
S |
242 |
Myrtle Ave |
499000 |
439000 |
422300 |
1/21/09 |
9/11/08 |
132 |
|
UC |
532 |
Sherwood Pkwy |
739000 |
699000 |
1/23/09 |
9/25/08 |
120 |
|
|
UC |
247 |
Sinclair Pl |
965000 |
699000 |
1/23/09 |
10/20/08 |
95 |
|
|
S |
937 |
Fanwood Ave |
479900 |
479900 |
470000 |
1/23/09 |
12/18/08 |
36 |
|
UC |
128 |
East Dudley |
1395000 |
1395000 |
1/26/09 |
11/19/08 |
68 |
|
|
UC |
826 |
Fairacres Ave |
629000 |
599000 |
1/26/09 |
9/15/08 |
133 |
|
|
S |
218 |
Sinclair Pl |
2594000 |
2099000 |
1884000 |
1/27/09 |
9/14/08 |
135 |
|
UC |
529 |
Edgar Rd |
499000 |
469000 |
1/30/09 |
10/8/08 |
114 |
|
|
UC |
644 |
Central Ave |
274900 |
274900 |
1/31/09 |
9/24/08 |
129 |
|
|
UC |
538 |
Colonial Avenue |
749000 |
749000 |
2/2/09 |
10/14/08 |
111 |
|
|
UC |
212 |
Myrtle Avenue |
399000 |
399000 |
2/2/09 |
1/14/09 |
19 |
|
|
S |
1108 |
Central Ave |
429900 |
429900 |
400000 |
2/3/09 |
12/9/08 |
56 |
|
UC |
111 |
Ayliffe Avenue |
439900 |
429900 |
2/4/09 |
9/16/08 |
141 |
|
|
UC |
245 |
Delaware St |
499000 |
499000 |
2/4/09 |
1/22/09 |
13 |
|
|
UC |
118 |
Clifton Street |
379000 |
379000 |
2/5/09 |
11/24/08 |
73 |
|
|
UC |
756 |
Warren St |
409900 |
409900 |
2/5/09 |
1/16/09 |
20 |
|
|
S |
936 |
Carleton Rd |
539900 |
539900 |
520000 |
2/9/09 |
2/2/09 |
7 |
|
UC |
1612 |
Boynton Ave. |
579900 |
499900 |
2/10/09 |
9/22/08 |
141 |
|
|
UC |
725 |
Highland Ave |
1299000 |
1299000 |
2/11/09 |
2/4/09 |
7 |
|
|
UC |
22 |
Cowperthwaite Sq |
650000 |
529000 |
2/12/09 |
11/26/08 |
78 |
|
|
S |
18 |
Carol Road |
559000 |
559000 |
530000 |
2/12/09 |
11/19/08 |
85 |
|
UC |
1 |
Lincoln Plaza |
725000 |
649000 |
2/13/09 |
4/18/08 |
301 |
|
|
UC |
792 |
Fairacres Ave |
528500 |
528500 |
2/16/09 |
2/10/09 |
6 |
|
|
UC |
512 |
Dorian Pl |
519900 |
519900 |
2/18/09 |
11/26/08 |
84 |
|
|
UC |
251 |
Avon Rd |
619900 |
619900 |
2/18/09 |
2/11/09 |
7 |
|
|
UC |
1116 |
Ripley Ave |
1050000 |
999999 |
2/19/09 |
10/15/08 |
127 |
|
|
UC |
755 |
Carleton Road |
499999 |
424900 |
2/24/09 |
10/10/08 |
137 |
|
|
UC |
600 |
Ardsleigh Drive |
429000 |
412000 |
2/26/09 |
1/16/09 |
41 |
|
|
UC |
758 |
Prospect Street |
1299000 |
1199000 |
2/27/09 |
10/3/08 |
147 |
|
|
UC |
713 |
Marcellus Dr. |
629000 |
599000 |
2/27/09 |
2/2/09 |
25 |
|
|
UC |
382 |
Orenda Circle |
1795000 |
1700000 |
3/2/09 |
8/28/08 |
186 |
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