Garwood is a borough in southern Union County and is home to roughly 7000 residents. The 400 elementary students in Garwood all attend Lincoln School. Garwood high school students join Clark students at Arthur L. Johnson High School in Clark.
Inventory in Garwood was up 50% in April as compared ot March and up 100% as compared to February. Sales are up 100% since March.
Homes in Garwood are selling very quickly. Peaking at 5 months on market in March, homes are selling within a month in April.
With inventory increasing, it's not surprising that list price is decreasing. With only 1 or 2 homes sold per month, it's difficult to compare sale price accurately.
For more information on Garwood Real Estate:
Garwood Real Estate Market Trends - January-March, 2013 - 04/05/13
How long will my Union County home be on the market? - 02/24/13
Garwood Market Report - December, 2012 - 12/28/12
Garwood NJ Market Report - 02/15/12
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