buying a home: Real Estate Market Report - Clark, NJ
- 12/08/13 07:59 AM
Clark, NJ is home to about 15,000 people. Student sin Clark attend Frank K. Hehnly Elementary School or Valley Road Elementary School, Carl H. Kumpf Middle School for grades 6 - 8, and Arthur L. Johnson High School for grades 9 - 12.
Homes in Clark have held their value better than many others in Union County. The average home sold in Clark in November was listed at $486,557 and sold for $414744, nearly 10% higher than the average sale price in October.
Inventory in Clark is very low. There are currently only 51 homes offered for sale in Clark, lower than at any … (3 comments)
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buying a home: Dear Agent - Please remove carcasses from your listings!
- 11/16/13 08:50 PM
Listing agents have an ethical and legal responsibility to the homeowners they represent.
So when we were out showing homes to our buyers yesterday, it's the agent that we blame for what was left on the floor of the house.
There were at least a dozen dead birds lying around the inside of the home - in various stages of decay. There must have been a window open and somehow these poor things got in but couldn't figure out how to get out and died on the floor.
To compound the offense, our buyers had a young child with them … (33 comments)
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buying a home: Scotch Plains Buyers and Sellers Need to Know
- 11/09/13 06:57 AM
About 23,000 people live in the beautiful Union County town of Scotch Plains. Many of those people take advantage of the 45 minute easy commute via New Jersey Transit to Manhattan.
There are currently 138 homes offered for sale in Scotch Plains - compared to the summer peak of 173 homes on the market, this is a low inventory. Twenty-six homes sold in October, about 20% less than the summer peak of 33 homes.
Homes that come on the market are selling quickly - the average Days on Market of a sold home in Scotch Plains was 58 days in … (3 comments)
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buying a home: How to Buy or Sell a Rahway Home
- 11/09/13 06:25 AM
The real estate market in Rahway has had a tough recovery, but there are some good signs that recovery is on its way.
One of the factors that real estate professionals use to evaluate the strength of a real estate market is by the month's supply. This number tells us how many months it would take, at the current rate of sales, for all the current homes on the market to sell. Having less than 5 months of supply is what real estate professionals call a sellers' market - there are more buyers than sellers and homes are selling quicker than … (1 comments)
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buying a home: Mountainside Real Estate Market Report
- 11/09/13 02:04 AM
Buyers and sellers in Mountainside ask us all the time - "How's the real estate market in Mountainside?" Here's everything you need to know if you're thinking of buying a home or selling a home in Mountainside.
Home prices in Mountainside have dropped a bit from the summer - the average home that sold in Mountainside in October was sold for $517,200, which is about 14% lower than the price peak of July, 2013. The good news is that prices are higher than they were in October of 2012 - about 7% higher.
There are currently 35 homes offered for … (1 comments)
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buying a home: Linden Real Estate News
- 11/08/13 11:29 PM
Are you thinking about buying or selling a home in Linden? Here's everything you need to know.
For starters, houses are beginning to stay on the market a bit longer than they did over the summer - the average sold home in Linden in October was on the market for 105 days, compared to 86 days in September. Over last winter, homes were taking about 150 days to sell, so this remains an improvement over last year.
Home prices in Linden remain relatively stable. The average Linden home that sold in October sold for $221,970, compared to $219,206 in September. … (1 comments)
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buying a home: How's the Real Estate market in Kenilworth?
- 11/08/13 01:58 AM
Kenilworth continues to experience a strong real estate market with very little signs of slowing down for the winter. Currently, there are 34 homes listed for sale in Kenilworth. Seven homes were sold in October, compared to only 2 homes that were sold in October of 2012.
Prices in Kenilworth remain strong. The average list price of a home in Kenilworth was $312,414 and the average sale price was $349,497.
If you're interested in purchasing a home in Kenilworth or the surrounding area, please see a complete list of homes at www.WayneZuhl.com. If you're planning to sell your Kenilworth home, … (1 comments)
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buying a home: The Fanwood Real Estate Market Report
- 11/07/13 10:19 PM
Thinking about buying or selling a home in Fanwood? Here's everything you need to know.
Fanwood is a small town, home to about 7000 people, in Union County. There are currently 29 homes offered for sale in Fanwood - a lower inventory than Fanwood has seen in 2 years. Eight homes sold in Fanwood in October - 10% less than sold during the summer months, but significantly better than the one home that sold in October of 2012.
Prices in Fanwood remain strong. The average home that sold in Fanwood was listed for $456,845 and sold for $432,413. There has been … (1 comments)
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buying a home: Cranford Real Estate Market Report - October 2013
- 11/07/13 05:25 AM
Thinking about buying or selling in Cranford? Here's what you need to know about the real estate market in Cranford.
The inventory in Cranford remains higher than it was in 2012 but has dropped a bit since the summer. Currently, there are 104 homes offered for sale in Cranford - 20% fewer than at the peak of inventory in July but still 25% higher than October of 2012. Sixteen homes were sold in Cranford in October - about 50% fewer than sold in the peak of July 2013 but 100% more than the lowest point of March of 2013.
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Prices in … (0 comments)
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buying a home: How's the Real Estate market in Clark?
- 11/07/13 04:57 AM
Thinking about buying or selling a home in beautiful Clark, New Jersey? Here's what you need to know!
Inventory in Clark has begun to shrink, down to 71 homes currently offered for sale - compare that to the 85 home offered for sale in September. The last time the inventory was so low was in January of 2013. There were 15 homes sold in Clark in October - lower than the year's highest rate of 20 homes sold in August and June, but still 300% higher than the year's lowest rate of 4 homes sold in February.
Prices in Clark … (2 comments)
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buying a home: How's Union's Real Estate?
- 10/26/13 11:42 PM
Union, NJ, is home to nearly 57,000 people. It occupies northern Union County in the area that was called Connecticut Farms in the 18th Century. Nearly 57,000 people live in Union.
There are six primary (PreK-4) schools:
Battle Hill School Hannah Caldwell School Connecticut Farms Elementary School Franklin School Livingston School Washington School Central Five-Jefferson School serves grade 5, and Burnet Middle School and Kawameeh Middle School serve grades 6 though 8. Union High School serves 2400 students in grades 9-12.
In September , there were 344 homes listed for sale and 31 homes sold. This results in a months supply of 6.7. This number tells you how … (2 comments)
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buying a home: How's Springfield's real estate market?
- 10/26/13 11:26 PM
Springfield, NJ, is home to roughly 15,000 people. New Jersey Monthly magazine ranked Springfield as the 85th best place to live in New Jersey.
All of Springfield's public schools are named for notably Springfield residents. Students in Springfield attend Edward V. Walton Early Childhood Center for grades Pre-K to 2, James Caldwell Elementary School in grades 3-5, Thelma L. Sandmeier Elementery School for grades 6-8 and Jonathan Dayton High School for grades 9-12. Springfield students also attend Saint James the Apostle School serving grades Pre-K through 8.
Springfield currently has 5.2 months of inventory. This number tells you how many months it would … (2 comments)
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buying a home: How's the Scotch Plains Real Estate Market?
- 10/26/13 09:50 AM
Scotch Plains, NJ is home to about 23,000 people in southern Union County. It was the site of the Battle of Short Hills during the American Revolution. It was also home of the first African American country club, the Shady Rest Country Club, now the site of the Scotch Hills Municipal golf course.
Students in Scotch Plains are served by the Scotch Plains-Fanwood Regional School District which includes five elementary schools, two middle schools, and Scotch Plains-Fanwood High School. Scotch Plains is also home to theUnion County Vocational Technical Schools and Union Catholic Regional High School. Union County College has a facility in Scotch Plains as well.
New Jersey Transit … (1 comments)
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buying a home: The Rahway Real Estate Market Report
- 10/26/13 04:27 AM
Rahway, NJ is home to nearly 28,000 people. The area was once the home of the Lenni Lenape Native Americans and the city was named for a local tribal chief whose name was Rahwack. The corner of St. Georges Avenue and Westfield Avenue was the site where George Washington met troops from Elizabeth and Newark during the Revolutionary War.
Rahway public school children are served by four elementary schools, Rahway 7th and 8th grade Academy and Rahway High School.
There are currently 180 homes offered for sale in Rahway. This is an 18% reduction in inventory since September of 2012. To browse all Rahway … (2 comments)
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buying a home: How's Mountainside's Real Estate Market?
- 10/26/13 01:15 AM
New Jersey Monthly magazine ranked Mountainside as its 16th best place to live in its 2008 rankings of the "Best Places To Live" in New Jersey, as well as eighth in the 2010 list.
Currently, there are 43 homes offered for sale in Mountainside, representing a 14% decrease in inventory compared to September of 2012.
The average home that sold in Mountainside in September sold for $734,339. This is 44% higher than average sales in September of 2012.
Real Estate Professionals judge the strength of a real estate market based upon the Months of Supply in the area. This number tells you how many … (0 comments)
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buying a home: Linden Real Estate Market Report
- 10/26/13 12:54 AM
The city of Linden is served by the Linden Public School system with eight elementary schools, McManus and Joseph E. Soehl Middle Schools, and Linden High School. Linden homeowners enjoy one of the lowest tax rates in Union County.Nearly 41,000 people call Linden home.
Currently, there are 245 homes offered for sale in Linden. In September, there were 22 homes sold.
The average home sold in Linden in September sold for $221,739 after 85 days on the market. Not only is this much quicker than homes have been selling in Linden, it is also 15% higher than the average home sold in September of 2012.
… (2 comments)
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buying a home: Kenilworth Real Estate Market Report
- 10/25/13 09:44 AM
Kenilworth, NJ, is located in the heart of Union County and is home to nearly 8000 people.
Harding Elementary School holds students from Pre-K to sixth grade, David Brearley Middle School holds grades 7 and 8 and David Brearley High School holds students in grades 9-12 from Kenilworth and Winfield Township. Kenilworth also has St. Theresa's which is a Roman Catholic elementary school.
There are currently 31 homes listed for sale in Kenilworth. Five homes were sold in September while 10 homes were sold in August.
The average sale price of a home in Kenilworth in September was $363,539, very close to where it has been … (1 comments)
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buying a home: What do you need to know about buying or selling a home in Garwood?
- 10/22/13 09:16 AM
Garwood is a borough in southern Union County and is home to roughly 7000 residents. The 400 elementary students in Garwood all attend Lincoln School. Garwood high school students join Clark students at Arthur L. Johnson High School in Clark.
Currently, there are 21 homes on the market in Garwood with one completed sale in September. There were 3 completed sales each month this summer, so things are appearing to slow down. Inventory is up, also, with 21 homes now compared to 18-20 all summer.
Of course with such a low inventory and with so few homes selling in Garwood, it's difficult to … (1 comments)
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buying a home: How's Fanwood's Real Estate Market?
- 10/20/13 12:29 AM
Fanwood is a beautiful small town in Union County and is home to about 7000 people. The real estate market in Fanwood continues to be robust, and buyers and sellers are wise to do some market research in order to make decisions about their property. Here are some statistics from the Fanwood real estate market to help buyers and sellers as they navigate the real estate waters.
There are 30 homes currently offered for sale in Fanwood, the lowest inventory Fanwood has seen in quite some time - how that affects prices will remain to be seen.
Homes in Fanwood continue to … (3 comments)
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buying a home: Cranford Real Estate Market Report - September, 2013
- 10/19/13 10:55 PM
Cranford, NJ, is a lovely town in central Union County and is home to roughly 23,000 people. Cranford High School has consistently ranked in the top schools in the Country and State.
If you're thinking of buying or selling a home in Cranford, it's important to know how the market has been faring lately. Here are some statistics to help you make decisions about buying or selling a home.
There are currently 98 homes offered for sale in Cranford, down from 123 in July. Home sales in Cranford are also down - there were 13 homes sold in September, compared to 29 sold in … (0 comments)
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Clark, NJ is home to about 15,000 people. Student sin Clark attend Frank K. Hehnly Elementary School or Valley Road Elementary School, Carl H. Kumpf Middle School for grades 6 - 8, and Arthur L. Johnson High School for grades 9 - 12. 
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