months of supply: 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)
months of supply: Rahway Real Estate Market Report - August 2013
- 08/04/13 10:01 PM
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 201 homes listed for sale in Rahway and 15 homes sold in July. The average home sold for $226,540 in … (2 comments)
months of supply: How does the Cranford Real Estate Market affect you?
- 06/29/13 01:09 AM
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 months it would take for all the current homes for sale on the market to sell, based upon the rate of sales in the past. A Months of Supply of 5 months is considered average - buyers and sellers are about equal in the area and homes are being bought at about the same rate that they are being put on the market. A Months of Supply of less than 5 months is what real … (1 comments)
months of supply: Months of Supply in Clark, NJ
- 06/25/13 06:24 AM
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 months it would take for all the current homes for sale on the market to sell, based upon the rate of sales in the past. A Months of Supply of 5 months is considered average - buyers and sellers are about equal in the area and homes are being bought at about the same rate that they are being put on the market. A Months of Supply of less than 5 months is … (3 comments)
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.
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