Home Prices in West Orange, New Jersey for December '13

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Real Estate Agent with Keller Williams MidTown Direct Realty 0453393

Home Sale Prices in West Orange, New Jersey

Home prices in West Orange, NJ are continuing to rise, as has been the trend since July.  West Orange Graph 1With low inventory, there is more competition amongst  buyers looking for quality, well priced properties.  While looking for a home in the West Orange area, it is crucial to stay on top of the market and be aware of any new listings that may arise.  Work with a real estate professional with extensive knowledge of the housing market in West Orange.  Doing so will keep you from overpaying, or buying a home with potential issues and costly problems.  

 

The number of home sales that occured this month was slightly lower than the previous month.  The low inventory and higher prices can make it challenging to find the home that you are looking for, within your price range.  An experienced real estate agent can assist you in the purchase of a home in West Orange at a price that is fair to both parties involved.  This month showed a slight increase in active listings, suggesting that the market may pick up as spring rolls around.  With homes spending an average of 103 days on the market, listings are active longer than most other areas in this market.  Stay on top of current inventory in West Orange and be on the lookout for new listings throughout the entire process.  Your real estate agent will help ensure that no potential home goes unnoticed.  

West Orange, New Jersey Real Estate Report

The current average number of days that a listing is remaining active on the market is 103 days, higher than other communities in this area.  

The number of active listings in West Orange, NJ increasing by 1.8% this month.  

The number of unoccupied properties in West Orange, NJ is 12.23% below the national average.

If you are interested in relocating to the area, contact Barbara Lawrence for assistance in finding the perfect home based on her knowledge and experience with home prices in West Orange, N.J.

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Provided courtesy of Barbara Lawrence 
Keller Williams Midtown Direct Realty

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