These are just preliminary closed sale numbers, as we are still compiling the data on pending transactions, and year over year change, but since I know many of you anticipate this information at the start of each month, here are some numbers for Westfield NJ Real Estate for the month ending March 2008.
Closed Sales: 18
Average Sales Price: $711,416
Average Days on Market: 87
Average List to Sale Price Ratio: 96.3%
In isolation, these numbers show a healthy balance of buyers and sellers with the days on market, however, we really can't judge what this means for the state of the market, until we compare these numbers with prior years, and also look at how many homes are actively listed, versus how many actually sold. Expect those numbers in the next week or so.
Thanks for Reading our Westfield NJ Real Estate Market Summary
Sean Carroll - Realtor, Team Leader
"Team Carroll" Real Estate Professionals for Cranford, Westfield, and Surrounding Areas