Westfield Real Estate Market Report - April 2017

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Real Estate Agent with Samsel & Associates 0790808

If you own a home in Westfield, or if you want to own a home in Westfield, this is the place to be for information about real estate values this spring.

Inventory: There are currently 213 homes offered for sale in Westfield right now. Inventory in Westfield continues to increase which is unusual in Union County. Throughout the rest of the county, we're experiencing decreases in inventory creating a strong seller's market. In Westfield, sales remain steady but inventory is increasing.

westfield inventory march 2017

 

 

Prices: The current listings range in price from $363,000 to $4,450,000.  Thirty three homes were sold in March at an average sale price of $773,173. The average price in this case does not tell the whole story. When we break down the listed homes by price category, we see that 38% of the available inventory is offered for between $1M and $2M. westfiel list prices april 2017

Days on Market: Of course, the length of time it takes to sell a home depends on far more than just location. It is also dependent on price, condition, and marketing. In Westfield, the average home that sold in March was sold after 57 days on the market, slightly longer than the previous month and slightly faster than the 60 days in March of 2016.

 

If your next step is selling your Westfield home, call us today at 908-917-4198 for your free comparative market analysis and see how your home compares to others in Westfield.

 

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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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Ambassador
1,613,740
Harry F. D'Elia
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Thank you for providing your local real estate information so that we stay informed

Apr 18, 2017 04:02 AM #1
Rainmaker
3,192,314
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Seems like there are many opportunities in Westfield right now. Call Wayne and Jean Marie for all the details!

Apr 18, 2017 04:09 AM #2
Rainmaker
3,302,328
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Wayne and Jean. Want to buy or sell in Westfield? All they need is your phone number! Enjoy your day!

Apr 18, 2017 05:10 AM #3
Rainmaker
1,549,110
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Wayne and Jean Marie Zuhl By the report you have shared with us, it is clear to see that the market is starting to heat-up for you.  Thanks for the alert!

Apr 18, 2017 05:41 AM #4
Rainmaker
3,248,015
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Wayne and Jean Marie

The April 2017 real estate trend lines are moving in the direction for Westfield New Jersey.

Good luck and success.

Lou Ludwig

Apr 21, 2017 07:28 PM #5
Rainmaker
3,248,015
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Wayne and Jean Marie

Have a great weekend and a productive week.

Good luck and success.

Lou Ludwig

Apr 22, 2017 07:53 PM #6
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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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