Rahway Real Estate Market Report - January-March, 2013

By
Real Estate Agent with Remax First Realty II 0790808

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:

How long will my Union County home be on the market? - 02/24/13

The Winter Real Estate Market in Rahway - 02/23/13

Buying or Selling a Home in Rahway, NJ - 01/12/13

How do additional bathrooms or bedrooms affect market value in Rahway? - 10/15/12 

Free Market Report of Rahway Homes! - 08/13/12

Rahway Market Trends - 03/25/12

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~ Wayne & Jean 

Union County, NJ - a great place to live and work!

If you're looking to buy or sell a property in Union County, call us at 908-917-4189 or email TeamZuhl@gmail.com.

 

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All opinions, information and data provided is deemed reliable but is subject to errors and omissions. Not intended to solicit other Brokers' clients. We cooperate with them fully. 

Comments (1)

Bryan Robertson
Los Altos, CA

I haven't seen a market report in a while that showed a strong buyers market.  I hope the current surge heads your way and it becomes a sellers market soon.

Apr 06, 2013 01:13 AM