The Westfield Real Estate Market Report

By
Real Estate Agent with Remax First Realty II 0790808

The town of Westfield in Union County is home to more than 30,000 people and is well-loved for its downtown shops and easy access to NYC. Students in Westfield attend the Westfield Public School system.

 

 

 

There are currently 117 homes offered for sale in Westfield, about 20% lower than in October and nearly 50% lower than the summer's inventory. Only 15 homes were sold in Westfield in November, compared to 63 that were sold in July.

 

 

 

While the inventory is down, prices in Westfield have been going up. The average price of a home sold in Westfield so far in 2013 is $759,218 but the average home sold in November was sold for $874,563. Compare that to the average home sold in 2012 which was $683,126 and you'll see why homes in Westfield are in high demand.

 

For a list of all active properties available in Westfield 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 Westfield Real Estate:

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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 (12)

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Wayne & Jean, nice market report for Westfield, and looks like a great town if commuting into the City.

Dec 15, 2013 10:25 PM
Toni Weidman
Sailwinds Realty - Trinity, FL
20+ Years Selling Homes in New Port Richey, FL

Good report, Jean, and good to see prices are going up. Inventory will go up again after the holidays.

Dec 16, 2013 06:05 AM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Wayne and Jean Westfield sounds like a great town close to NYC.  From your report it seem many feel it is the place to be too.

Dec 16, 2013 09:14 PM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Many of the trends you are describing are happening across the country. This will normally mean increased values, which is great for future sellers.

Make it a great evening!

Dec 17, 2013 07:55 AM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Wayne and Jean - Great real estate market update for Westfield, I'm sure when the weather heats up so will the closings again.

Dec 17, 2013 09:27 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Wayne and Jean, Yes those prices are going up and buyers had better act now to take advantage of the better prices.

Dec 17, 2013 12:11 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Wayne & Jean, great market report for Westfield, NJ, and tis the season for low inventory.   Hope it picks back up next month!

Dec 17, 2013 09:23 PM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Wayne and Jean,

We are noticing the same type of stats in the US market, it bodes well for a recovery, and we are all rooting for the job market to continue improving. A

Dec 18, 2013 06:56 AM
Barbara Altieri
Kinard Realty Group Fairfield and New Haven County CT Real Estate - Shelton, CT
REALTOR-Fairfield County CT Homes/Condos For Sale

Wayne and Jean -- The Westfield market sounds strong and you have presented very important info for every buyer and seller to be educated with. Good job!

Dec 18, 2013 10:18 AM
John G. Johnston
John G. Johnston & Associates, LLC - Westcliffe, CO
An Exclusive Buyer's Agent ~ Westcliffe, CO

Wayne and Jean  I see you have a much better market than ours.  We are still waiting for a recovery.  Great report and I see you are closing in on 500,000 before the end of the year.  Congratulations!

Dec 18, 2013 10:19 AM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Similar to many markets around the country and in state that I do mortgages. Higher prices and lower inventories. Nice job with the report.

Dec 19, 2013 08:45 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Wayne and Jean,

Interesting report, and like Joe said, it is what we are hearing from our clients in many places.  A

Dec 19, 2013 09:00 AM

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