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Should you buy a home in Garwood?

By
Real Estate Agent with Remax First Realty II 0790808

Garwood, NJ, is a beautiful borough in central Union County. Home to fewer than 5,000 people, the town is served by one elementary school serving students in grades K-8. High school students attend Clark's Arthur L. Johnson High School.

 

 

Inventory: There are currently 12 single family homes offered for sale in Garwood at an average list price of $328,958.  Last April there were 15 homes actively listed. The average inventory over the last 12 months is 14 listings, so inventory in Garwood is a bit low. This could be good news for home sellers as a low supply often leads to higher prices. 

 

 

 

Prices: 

  • Average sale price in April, 2014 - $339,000
  • Average sale price in April, 2013 -  $428,000
  • Average sale price April 2013-April 2014 - $312,026

On average, 1-3 homes are sold in Garwood per month. April had only 1 sale. Average sale prices, therefore, are less significant because there is a wide variety of home styles and conditions.


+Days on Market:

The average home that sold in Garwood in April was sold after only 21 days on the market. Again, because there are rarely more than 3 homes sold in one month, averages become less meaningful. 

 

If you're a Garwood homeowner,  call or email us when you're ready to get your home on the market! Good luck!

If you're a Garwood homebuyer, click here to search current listings in Garwood and then call us for your private showing of your new home!

 

Team Zuhl is here to help you every step of the way. 

For more information on Garwood 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 (2)

Beth and Richard Witt
New York, NY
The best Retired Brokers !!!!

You guys do an awesome job of keeping folks in your area aware of what is going on in their housing market.... Anyone looking to buy or sell should contact you...

May 22, 2014 02:11 AM
Adrian Willanger
206 909-7536 AdrianWillanger-broker.com - Seattle, WA
Profit from my two decades of experience

Team Zuhl, good inforgraphic, gives buyers and sellers a great snapshot of the Garwood real estate market. 

May 22, 2014 02:32 AM