March 2017 Westfied NJ Luxury Market Report

By
Real Estate Agent with RE/MAX Select NJ# 9483506

According to the March 2017 Westfield NJ Luxury Market Report, spring will be busy. Almost 70% of current listings hit the market in the last 30 days.Last week, I wrote about preparing for competition in the spring Westfield housing market.  The March 2017 Westfield NJ Luxury Market Report supports this argument.  Most of the active listings currently for sale hit the market within the last 30 days.  Are you ready to invest in a luxury Westfield area home?  You're not alone.

March 2017 Westfield NJ Luxury Market Report

Click here for an instant "No Strings Attached" valuation of your home.According to the Garden State MLS, a total of 23 luxury Westfield homes went up for sale in March 2017.  Of these, 12 were new construction or are ready to be built.  Sixteen listings (almost 70% of total active listings) hit the market within the last 30 days.  Eight of them entered the market within the last seven days.

The March 2017 Westfield NJ Luxury Market Report noted a total of 10 homes pending.  Eight of these properties were new construction.  This seems to be a hot spot in the Westfield luxury market right now.  Once construction is completed, it costs more to tweak it to your tastes.  However, if your offer is accepted early enough in the home building process, you may still have time to put the finishing touches on it that you want.  Talk to your Westfield REALTOR@ for more details.

Five Westfield luxury homes were sold last month, according to the March 2017 Westfield NJ Luxury Market Report.  Four were newly constructed homes.  One, a 2015 Colonial, sold right at list price.  Another property located in Carleton Manor went under contract in just 17 days.

Buyers want to invest in the Westfield luxury market.  With warmer weather ahead, there will be more competition out there for these properties.  If you're interested in taking a tour of any of these homes, please contact me today so we can discuss exactly what you are looking for in your next Westfield home.

Please click below for the market update of interest to you:

Cranford 
Fanwood 
Garwood 
Mountainside 
Scotch Plains 
Summit

Westfield by Grade School:

Franklin 
Jefferson 
McKinley 
Tamaques 
Washington 
Wilson

Scott Gleason, CRS at RE/MAX Properties Unlimited, Luxury Homes for Sale in Westfield

Originally posted on my Westfield NJ luxury real estate blog here: http://www.luxuryhomesnj.com/westfield-nj-market-reports/march-2017-westfield-nj-luxury-market-report/.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
New Jersey Union County Westfield
Groups:
HyperLocal Neighborhood and Community Posts
Luxury Properties $750k+
LuxuryRealEstate.com Network For ActiveRain Members
New Jersey Real Estate Experts
Posts to Localism
Tags:
march 2017 westfied nj luxury market report
westfield homes for sale
westfield luxury homes
westfield luxury real estate

Spam prevention
Show All Comments
Rainmaker
792,366
Peter Mohylsky. Beach Expert
PrimeSouth Properties - Santa Rosa Beach, FL
THE BEACH IS OPEN

Nice post here.  i need to follow the links to see where they may lead.  Have a super weekend.

Apr 07, 2017 04:49 AM #1
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
359,748

Scott Gleason

Westfield NJ New Homes Specialist
What's My Home Value?
*
*
*
*

Additional Information