Linden Real Estate Market Update - April 2017

By
Real Estate Agent with Samsel & Associates 0790808

Do you know how much your Linden home is worth? Many factors affect the value of your home including condition and location but no factor is as important as the location of your home. Here's what's happening in the real estate market in Linden right now.

Inventory: Twenty four homes were sold in Linden in March, down 11% from the sales in March of 2016. There were 230 active listings in March, down 16% from March of 2016. Lower inventory usually drives up prices.

Prices: The homes that are currently offered for sale in Linden range in asking price from $99,900 to $549,000.

Almost half of the active inventory is priced in the $200,000-$300,000 price range and nearly 25% are offered below $200,000 making Linden very attractive to buyers.

linden asking prices april 2017

The average list price is $251,235, up 8% from March 2016. The average sale price of a home in Linden in March 2016 was $223,538, up 17% from last March.

average list and average sale price in Linden march 2017

 

Days on Market: Homes in Linden were sold in March after an average of 82 Days on the Market. This is down 25% from March of 2016.

If you'd like to see earlier market reports for Linden, please click here. To see how Team Zuhl can help you sell your home for the most money possible in the least time possible, please call us at 908-917-4189.

 

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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 Linden
Groups:
New Jersey & Pennsylvania -- Realtors/Loan Officers/Title Clerks/Real Estate Lawyers
New Jersey Real Estate Experts
Tags:
buying a home in linden
selling a home in linden

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Rainmaker
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Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Thank you for posting this useful information about your market.  Great use of charts for visuals.

Apr 16, 2017 01:59 PM #1
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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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