Buyer's Market in Union

By
Real Estate Agent with Samsel & Associates 0790808

An important first step in buying or selling a home is learning about market conditions. Team Zuhl has crunched the numbers for you and here's what you need to know.

 

Inventory: There are currently 345 homes offered for sale in Union. This is good news for buyers. The inventory has recovered from its very low dip this winter - down to 197 in December - so there's more to choose from.  Sellers need to make sure that their homes are priced competetively and are in top condition in order to compete as the inventory continues to rise.

 

 

 

Prices: Increased supply often decreases prices, and that's exactly what we're seeing in Union this month as well. The average sale price in Union in April was $224,481, down 13% from March's average of $258,815 and down 10% from the 12 month average of $250,282.

 

 

Days on Market: Sales continue to be sluggish. The average sold home in Union in April had been on the market for 117 days, about average for Union over the past 2 years.

 

To view this month's infographic, please click the image below.

 

For more information on selling a Union home:

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:

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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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Topic:
Real Estate Market Trends
Location:
New Jersey Union County Union
Groups:
New Jersey & Pennsylvania -- Realtors/Loan Officers/Title Clerks/Real Estate Lawyers
New Jersey Real Estate Experts
Garden State Real Estate
Tags:
inventory
prices
buying a home
selling a home
market report
union
real estate

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Rainmaker
764,120
Ed & Tracy Oliva
West USA Realty - Arizona - Fountain Hills, AZ
The Oliva Team Arizona Agents

Good Morning and this is some good Info for all in your area,  keep up the good work and good luck with your business,  E

May 25, 2014 11:52 PM #1
Rainmaker
4,432,850
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Anyone looking to buy a home in Union should call you to be their agent.

Jun 01, 2014 07:55 PM #2
Rainmaker
637,962
Don Sabinske
Don Sabinske, Sabinske & Associates Inc. - Zimmerman, MN
Sabinske & Associates Inc.

Union county New Jersey is Team Zuhl's real estate market.  Whether buying or selling, they know the market and can give you great advice!

Jun 05, 2014 01:30 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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