Real Estate Market Report for Union, NJ - April, 2013

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Real Estate Agent with Samsel & Associates 0790808

Real Estate Market Report for Union, NJ - April, 2013

Union, NJ, is home to nearly 57,000 people. It occupies northern Union County in the area that was called Connecticut Farms in the 18th Century. Nearly 57,000 people live in Union.

There are six primary (PreK-4) schools:File:Map Union County NJ Union Twp.gif

Central Five-Jefferson School serves grade 5, and Burnet Middle School and Kawameeh Middle School serve grades 6 though 8. Union High School serves 2400 students in grades 9-12.

The housing inventory is leveling off after the big drop it took over the winter. Currently there are 345 homes offered for sale in Union, down from 436 in April of 2012 - a 21% decrease in inventory. 

 Homes in Union are selling slowly. In April of 2013, the average home that sold was under contract 125 days after listing, up from 77 days in April of 2012.

 Homes in Union are selling at an average of 96% of list price.

 The average sale price of a home in Union is roughly $250,000 and mostly holding within a few percent of that for the past 15 months.

To see photos and descriptions of all of the homes currently offered for sale in Union, please click here.

If you're considering selling your Union home, call us today for a free comparative market analysis of your home.

For more information on Union Real Estate:

JUST LISTED!! 1937 Arbor Lane, Union - 05/13/13

Market Report for Union, for January-March, 2013 - 04/07/13

JUST SOLD! 1473 Burnet Ave, Union - 12/27/12

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

Real Estate Market Looking Up In Union, NJ - 10/26/12

How do additional bathrooms or bedrooms affect market value in Union? - 10/13/12

Free Market Analysis of Union, NJ - 08/01/12

Union NJ Market Report for the First Half of 2012 - 08/01/12 

Union NJ Marketing Trends - 03/18/12 

 

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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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New Jersey Union County Union
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Rainmaker
985,055
Beth and Richard Witt
Long Island Cash Home Buyer - Huntington, NY
Long Island Cash Home Buyer 516-330-6940

Great Report and I especially like all the links where folks can go to gather tons of good information...

May 28, 2013 09:11 PM #1
Rainmaker
1,228,786
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor
Wayne & Jean, your area like many others has had decline in number of properties on the market. Hopefully that changes soon as people feel more comfortable with recovery.
May 30, 2013 03:31 AM #2
Ambassador
1,471,250
Toni Weidman
Sailwinds Realty - Trinity, FL
20+ Years Selling Homes in New Port Richey, FL

We all seem to be experiencing lower inventory levels and shorter times on the market, Jean. I'm hoping that the potential sellers will gain some confidence in actually putting their home on the market.

May 30, 2013 04:42 AM #3
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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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