Market Analysis of Rahway, NJ, Real Estate Market for January-March, 2013
- Total number of properties available - 169
- Total sales - 33
- Average sale price - $195,083
- Average list price - $223,610
- Average Days on Market - 151
- Average Sale Price/List Price ratio - 96%
- Absorption Rate - 13.02 months of inventory (4-6 months is a "normal" market, less than 4 months is a "sellers market" and more than 6 months is a "buyers market.")
Buyers in Rahway are currently enjoying a very strong buyers market with high inventory. For a list of all active properties available in Rahway today, please click here and click on "Search Homes."
For a free market analysis of your home, please email us at TeamZuhl@gmail.com.
For more information on Rahway Real Estate:
The Winter Real Estate Market in Rahway - 02/23/13
Buying or Selling a Home in Rahway, NJ - 01/12/13
Free Market Report of Rahway Homes! - 08/13/12
Rahway Market Trends - 03/25/12