market: Union Real Estate Market Report - June 2014
- 07/09/14 03:35 AM
When you're thinking of buying or selling a home in Union, a necessary first step is to research the real estate market conditions. Here's what you need to know this month.
Inventory: There are currently 347 homes offered for sale in Union. They range in price from $65,000 to $1,840,00. This is an exceptionally low inventory and the laws of supply and demand would indicate that prices will go up as an increased number of buyers are eager to be settled before the end of the summer.
Prices: The average sale price in Union in June was $256,649, just slightly above the 12 month … (4 comments)
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market: Springfield Real Estate Market Report - June 2014
- 07/08/14 05:28 AM
When you're thinking about buying or selling a home in Springfield, a necessary first step is to understand the local market conditions. Here's what you need to know this month:
Inventory: There are currently 115 homes offered for sale in Springfield. They range in price from $119,000 to $1,235,000. This is the highest inventory held in Springfield in about 2 years after a very low inventory winter. The summer market should clear out some of those homes.
Prices: The average sale price in Springfield in June was $347,879 and the average sale price over the past 12 months was $375,612. With inventory … (1 comments)
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market: Scotch Plains Real Estate Market Report - June 2014
- 07/07/14 06:03 AM
A necessary first step to take before you buy or sell a Scotch Plains home is to learn about local real estate market trends. Here's what you need to know this month.
Inventory: There are currently 172 homes offered for sale in Scotch Plains, ranging in price from $230,000 to $3,295,000 - something for every budget! Please click here to search listings and then contact us when you're ready to schedule your showings!
Prices: The mean sale price in Scotch Plains in June was $442,500, only slightly below the 12 month average of $445,807.
With prices holding steady, homeowners who are considering selling their home … (6 comments)
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market: Rahway Real Estate Market Report - June 2014
- 07/07/14 05:09 AM
Before you buy or sell a home in Rahway, an important first step is to learn about the real estate market conditions. Here's what you need to know this month.
Inventory: There are currently 216 homes offered for sale in Rahway. They range in price from $29,000 to $539,000. Please click here to search the inventory and contact us when you're ready to schedule a showing!
Prices: The average sale price in Rahway in June was $212,508, slightly higher than the 12 month average of
What does this mean to you?
If you are a homeowner in Rahway and if you are considering selling your … (3 comments)
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market: Mountainside Real Estate Market Report - June, 2014
- 07/07/14 04:29 AM
Before you buy or sell a home in Mountainside, an important first step is to learn about the real estate market conditions. Here's what you need to know for June, 2014.
Inventory: There are currently 51 homes offered for sale in Mountainside. They range in price from $319,000 to $2,000,000. Click here to view the current listings.
Prices: The average sale price in Mountainside in June was $555,000 and the average sale price over the past 12 months was $550,180.
What does this mean to you? The increase in inventory in Mountainside is a normal increase for summer and may not impact prices. … (0 comments)
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market: Linden Real Estate Market Report - June 2014
- 07/07/14 02:54 AM
If you're planning on buying or selling a home in Linden, the first step is to learn about the Linden real estate market conditions. Here's what you need to know this month.
Inventory: There are currently 241 homes offered for sale in Linden and they range in price from $60,000 to $649,000. Inventory has leveled off this summer and homeowners who are interested in selling their home will want to be sure that their home is in top selling condition.
Prices: The average selling price of a home in Linden in June was $216,963, just slightly under the 12 month average of … (1 comments)
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market: Cranford Real Estate Market Report - June, 2014
- 07/04/14 03:12 AM
If you're planning on buying or selling a home in the near future, one of the first steps you'll take is learning about the real estate market. Here's what you need to know about Cranford this month:
Inventory: There are currently 115 homes offered for sale in Cranford, ranging in price from $189,000 to $1,350,000 - certainly something for every budget. This is a typical Cranford inventory for early summer and it's likely that inventory will drop by 30% or more by August as summer buyers find their new homes.
Prices: The blue line in this chart represents the average list price of … (1 comments)
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market: Linden and Rahway Market Update
- 04/17/14 03:03 AM
Time on market: For homeowners in Rahway and Linden, the expected spring quickening in the real estate market has yet to arrive. While prices are up, the length of time it's taking to sell the average home has actually increased.
Prices: The average sale price in Rahway and Linden is higher than it's been in more than 2 years. The average sale price in Rahway and Linden in March of 2014 was $228,493.
Inventory: The inventory in Rahway and Linden was lower this winter than it's been in over 2 … (1 comments)
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market: Fanwood Real Estate Market Report - February, 2014
- 03/08/14 04:26 AM
What does this mean to the home buyer or seller in Fanwood? Call Team Zuhl today!
For more information on selling a home:
3 Simple Steps To Selling Your Home Fast - 03/26/12 4 Ways to Get Union County Homes to Sell Quicker!! - 01/12/12 For more information on Fanwood Real Estate:
Fanwood Real Estate Market Report - 2/8/14 Fanwood Real Estate - 1/18/2014 The Fanwood Real Estate Market Update - 12/14/13 Fanwood's October Market Report - 11/8/2013 Fanwood Real Estate Market Report – August 2013 - 08/14/13 5 Steps to Sell your Fanwood Home! - 07/30/13 Months of Supply in Fanwood - 07/13/13 Real Estate Market Report for Fanwood, … (4 comments)
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market: Dear TZ - What's my home worth?
- 02/13/14 03:27 AM
Dear Team Zuhl,
I'm thinking about selling my home, but I'm not sure what it's worth. How can I find out?
Pondering Pat
Dear Pat,
The easiest way of finding out what your home is worth, is to contact your REALTOR and ask for a Comparative Market Analyis (CMA). Many agents, including Team Zuhl, will not charge ANY fee to do a Market Analysis. An appraiser will charge a fee, usually several hundred dollars, but in many cases the appraiser will provide a more accurate number.
A CMA is only an estimate of the value of the property based … (1 comments)
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market: 14 Homes for Sale in Fanwood
- 02/03/14 03:04 AM
The borough of Fanwood, NJ is home to just under 7500 people. Students in Fanwood are served by the Scotch Plains-Fanwood Regional School District. The Fanwood station is a New Jersey Transit railroad station on the Raritan Valley Line, making Fanwood a convenient home for commuters to NYC.
Currently, there are 14 homes offered for sale in Fanwood. Inventory in Fanwood tends to be cyclical - higher in the spring and summer, and lower in the fall and winter. This January's inventory is, however, the lowest inventory seen in Fanwood for several years.
How will this affect prices? A lower inventory usually drives prices up as supply isn't … (0 comments)
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market: 51 Westfield Homes for Sale
- 01/24/14 11:10 PM
The town of Westfield in Union County is home to more than 30,000 people and is well-loved for its downtown shops and easy access to NYC. Students in Westfield attend the Westfield Public School system.
There are 51 homes offered for sale in Westfield this weekend, ranging in price from $179,000 to $2,250,000. There were 24 homes sold in December, just slightly lower than the 31 homes sold in an average month.
The average sale price of a home in Westfield in December was $802,213, still well above the average for 2013 of $762,802. Homes continue … (2 comments)
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market: Union County 2013 Year End Real Estate Market Report
- 01/01/14 05:19 AM
Union County home buyers and sellers - here is the 2013 year end real estate market report!
Let's begin by comparing the average sale price in the various towns of Union County through 2012 and 2013.
It's obvious that Westfield has the highest sale price of the county - and has for many years - and Rahway and Linden make up the homes with the lowest sale price. It's also obvious that there are a wide variety of homes in Union County and there is something for nearly every budget! The middle towns - Springfield, Clark, Cranford, Kenilworth, … (1 comments)
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market: How to Price Your Home to Sell!
- 12/23/13 02:08 AM
Dozens of home listings in Union County expire every week. If a home doesn't sell, the three biggest reasons are:
1. Price - If you're asking $350,000 for your home, then it had better be at least as good as the other homes in the area being offered for $350,000. If not, it won't sell. In fact, it won't even be seen by buyers. The factors that determine the value of a home are:
1. Location
2. Size
3. Amenities/Upgrades
2. Condition - Rundown homes and homes that aren't updated don't sell unless they are priced lower than the competition. … (19 comments)
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market: Under Contract!!! 65 S. Union Avenue, Cranford
- 11/08/13 04:18 AM
&
Team Zuhl
Are thrilled to announce that
65 South Union Avenue, in Cranford
Is Under Contract!
This two family home is now pending and is expected to close before the end of the year.
If you or anyone you know would like to buy or sell a home, please contact Team Zuhl. We will get the job done the right way!!!
Top 10 Reasons Why Union County Home Sellers Choose Team Zuhl
How Does Team Zuhl sell a home?
… (4 comments)
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market: 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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market: 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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market: 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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market: 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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market: Linden Real Estate Market - 2012 in Review
- 01/06/13 07:40 PM
In Linden, 211 homes sold in 2012 with sales in August and September representing 22% of the total sales. There is 11 months worth of inventory remaining in Linden which is much higher than most of Union County. At the current rate of sales, it will take nearly a year for the existing listings to sell.
House prices in Linden have fluctuated a bit during 2012 and ended 2012 in December 16% lower than in January. In part, this is due to the nearly 37% of active listings in Linden that are short sales with lender approval required.
The … (1 comments)
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When you're thinking of buying or selling a home in Union, a necessary first step is to research the real estate market conditions. Here's what you need to know this month.
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