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Homes for Sale - Linwood, NJ - Real Estate Trends - October 2013
Homes for Sale - Linwood, NJ - Real Estate Trends - October 2013
Single Family
The Linwood, NJ Real Estate Market is showing a modest overall improvement as we head into the fall season. October saw a 109.1% increase in new listings coming on the market over October of 2012. 23 new single family homes where introduced to the market.
The number of newly listed single family Homes for Sale in Linwood, NJ during the 12 month period ending October 31st is up 38% over the previous 12 month period.
Sold properties in October where up 80% over last October with 9 sold single family properties. This brings the current total of sold properties for the 12 month period to 83. A 36.1% increase over the previous 12 month period.
Combined, the total number of newly listed Linwood, NJ Homes for Sale and total inventory versus the number of properties being sold has allowed the months supply of inventory to drop to 12.3 months. A 17.4% decrease from 2012. This still denotes an strong Buyers Market, but it is a significant improvement from 14.9 months last year.
Average Days on Market in October were down 27.4% to 3 months. Days on Market for the running 12 month ... more

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