Beautiful Fanwood, NJ, is located in southern Union County and is home to just over 7000 people.
If you’re thinking of selling a home in Fanwood, the time is ideal right now! With 35 homes for sale in Fanwood, the inventory is certainly dropping, especially since sales remain robust!
An analysis of sale price and list price will show prices have increased all year. The average list price in November was $458,246 and the average sale price was $445,000 – over 97% of list price - adding even more evidence to show how hot this market is. Buyers thinking of making an offer on a Fanwood home are going to need to come in strong with a high offer or risk losing a home – with low inventory, sellers have a definite advantage.
Since the market in Fanwood has remained robust, homes are selling quickly with an average Days on Market under 80 days – not quite as quickly as this summer with homes selling after less than 2 months on the market, but still quicker than most of Union County.
If you’re interested in buying or selling a Fanwood home, call Team Zuhl at 908-917-4189 for more information.
To learn more about the Fanwood Real Estate market, check out these links: