Real Estate Market Report for Fanwood, NJ for April, 2013

By
Real Estate Agent with Samsel & Associates 0790808

Beautiful Fanwood, NJ, is located in southern Union County and is home to just over 7000 people.

After last spring's very high inventory, Fanwood has had a relatively stable, but low, inventory of homes. April, 2013 had 38 active listings, compared to April of 2012 which had 55 active listings. Sales have increased somewhat. There were eight homes sold in April of 2013, compared to 4 homes sold in April of 2012.

 

 Fanwood homes continue to sell quickly as they have for nearly a year. Homes in Fanwood have sold within the first two months on the market, on average, since June of 2012. Quick home sales reflects the continued low inventory.

 

 

The average list price of homes in Fanwood has increased pretty consistently over the past year and the average list price in April of 2013 was 13% higher than a year ago. The average sale price of a home in Fanwood in April, 2013, was $431,697, compared to $452,250 in April of 2012 representing a minor decrease in price. Overall, however, prices have seen an upward trend in Fanwood.

 


Before you buy or sell a home in Fanwood, be sure to call us for a free comparative market analysis. Your home may be worth more than you think when it's compared to others in Fanwood that have sold in the last year!

 

For more information on Fanwood Real Estate:

Fanwood Real Estate - January-March, 2013 - 04/14/13

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

 Fanwood Real Estate Market Report - 12/27/12

It's a Seller's Market in Fanwood, NJ! - 10/26/12

Free Market Report of Fanwood Homes! - 08/14/12

Fanwood's First Half of 2012 - 07/09/12

53 Kenilworth Homes Sold So Far in 2012! - 07/09/12

Fanwood NJ Market Report - 02/14/12

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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. 

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Rainmaker
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Ed & Tracy Oliva
West USA Realty - Arizona - Fountain Hills, AZ
The Oliva Team Arizona Agents

Good Morning,  great Info for all in your market!!  keep up the good work and good luck with your business,  E

May 06, 2013 09:00 PM #1
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Rainmaker
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Wayne and Jean Marie Zuhl

The Last Names You'll Ever Need in Real Estate
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