westfield nj homes: Westfield NJ Real Estate Market Report - 12/17/09 08:20 AM
Our latest figures for the Westfield NJ Real Estate Market report are in. It looks like inventories went way up in the first part of 2009, but leveled out again towards the end of the year. Prices were down between 10 and 25 percent depending upon the neighborhood, but homes in the first time buyer range actually showed signs of going up in price towards the end of the year.
For the complete article, CLICK HERE, and visit the full blog with detailed statistics on Westfield NJ Homes Sold, Listed, Days On Market, and expired listing totals.
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westfield nj homes: Westfield NJ Real Estate and Homes Report - 09/25/09 06:36 AM
We have just completed the analysis of the Westfield NJ Real Estate market and compared it to a year ago, and also compared it to the peak of 2005-2006. There are some interesting statistics that can help you if you are a buyer or seller in today's real estate market in Westfield, or even if you are a homeowner who is just curious.
To view the complete article, Click Here
Thanks for reading, and check back for more updates about local real estate
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westfield nj homes: Westfield NJ Real Estate and Homes Sold Report - 02/04/09 08:36 AM
Here are the raw numbers for Westfield NJ for the 2 month period from December 1 through January 31. Later this week, I will be posting the 4th quarter numbers and comparing that quarter to the 3rd quarter and the 4th quarter from a year ago, so you can see where are market is, and maybe even where it is going.
Here is the data for those 2 months:
Closed Sales: 19 (this is very low compared to past months)
Avg. Sales Price: $785,842
Avg. Final List Price: $828,421
List to Sale Price Ratio: 94.8% (this is as low as I've seen this … (0 comments)

westfield nj homes: Westfield NJ Real Estate Summary - August 2007 - 08/24/07 05:40 AM
Westfield, NJ Real Estate Update 
There are currently 195 single family homes  on the market for sale. These numbers have stayed stable in the past month. Last month, there were about 203 listings for sale at this time. Inventory levels in general are higher than in prior months, giving buyers more options when selecting a home.
Although prices in general have trended slightly lower or flatlined, Westfield still remains an appealing option for many buyers, which has enabled homes to sell quickly if they are priced properly. Westfield NJ has an excellent school system, an expansive downtown shopping and dining area, and a train line to Newark, with … (0 comments)

westfield nj homes: Westfield NJ Homes For Sale and Homes Sold - June/July 2007 - 07/18/07 08:45 AM
Westfield, NJ Real Estate Update 
There are currently 203 single family homes  on the market for sale. These numbers have stayed stable in the past month. Last month, there were about 201 listings for sale at this time. Inventory levels in general are higher than in prior months, 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. Westfield NJ has an excellent school system, an expansive downtown shopping and dining area, and a train line to Newark, with transfer service … (0 comments)

westfield nj homes: Westfield NJ Homes for Sale and Homes Sold - May 2007 - 06/11/07 06:18 AM
There are currently 201 single family homes  on the market for sale. These numbers have risen slightly in the past month as the spring market has picked up. Last month, there were about 195 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. Westfield NJ has an excellent school system, an expansive downtown shopping and dining area, and a train line to Newark, with transfer … (0 comments)

westfield nj homes: Westfield NJ Homes for Sale and Homes Sold - April 2007 - 05/07/07 05:29 AM
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 … (0 comments)

westfield nj homes: Westfield NJ Real Estate - Westfield NJ Homes Sold - February, 2007 - 03/02/07 01:09 AM
For the 12 month period ending February 28, 2007 as compared to the 12 month period ending August 2006, there are some clear signs that the real estate market in Westfield, NJ has stabilized considerably. Prices and Inventory have leveled off, as the spring market approaches. Days on market has remained stable, as have the number of listings and list price to sales price ratio.
Average Days On Market:
12 mos Ending 8/2006: 52
12 Mos. Ending 2/2007: 57
List Price to Sales Price Ratio:
8/2006: 98%
2/2007: 97%
Total Listings Activated in MLS
8/2006: 3603
2/2007: 3726
These figures definitely support a more balanced and normalized real estate market, over the past several months, the amount of … (0 comments)