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:
- Battle Hill School
- Hannah Caldwell School
- Connecticut Farms Elementary School
- Franklin School
- Livingston School
- Washington School
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
JUST SOLD! 1473 Burnet Ave, Union - 12/27/12
Real Estate Market Looking Up In Union, NJ - 10/26/12
Free Market Analysis of Union, NJ - 08/01/12
Union NJ Marketing Trends - 03/18/12