Westfield Area Market Report - September 2018

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

Thinking about selling your home in the fall? Even though we may have just passed the busiest time for Westfield real estate, the fall season presents a great time to entice buyers, too. The buyers currently looking for homes want to complete a sale before the holidays. So, the people coming to look at your home are very motivated. That's great for a seller. The Westfield Area Market Report for September 2018 reports very favorable activity in our area, especially for newly constructed luxury homes.

While August may be peak season for the local real estate market, the Westfield Area Market Report for September 2018 showed serious activity.

Westfield Area Market Report - September 2018

Active Westfield Luxury Homes for Sale - September 2018

Click here for an instant "No Strings Attached" valuation of your home.The Garden State MLS reported a total of 30 active listings in September 2018. Fourteen of those were newly constructed homes. Ten of these came onto the market within the last 30 days. This includes a condo in the beautiful, prestigious Savannah building located in town. That just hit the market 16 days ago. If you're interested in making the Savannah your home address, you'd better hurry. These don't come up often. So, they tend to sell pretty quickly.

Westfield Luxury Homes Under Contract - September 2018

Nine luxury Westfield area homes went under contract in September 2018. Four of them were newly constructed or are currently under construction. One of them, a condo inside the Savannah, was listed just three weeks ago. Like I said before, many people desire a residence at the Savannah. Listings there don't last long.

Westfield Luxury Homes Sold - September 2018

Donate to Team Guys & Dolls for Bike MS NYC 2018Ten luxury Westfield area homes were sold in September 2018. Six of them were newly constructed, are currently under construction or are ready to be built. Three of these homes sold in under 30 days, with one take less than two weeks for a buyer to snatch it up. Two properties (a 2015 custom colonial and another custom colonial located in the north side Franklin School district) sold at list price. A brick Northside home sold for $22,000 above list price.

If you wish to sell your home, the Westfield Area Market Report shows great activity with buyers. Whether older or newer construction, buyers in the market right now should be taken seriously. The Federal Reserve already raised rates several times this year. But they're not finished yet. Experts say we should expect another raise in December. Today's buyers want to take advantage of current rates before they increase. Consider all offers before deciding on the final one. And contact me when you're ready to put your Westfield home on the market.

Curious about your home’s value?

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

Chatham
Cranford
Fanwood
Millburn-Short Hills
Mountainside
Scotch Plains
Summit
Watchung
Warren

Westfield by Grade School:

Franklin
Jefferson
McKinley
Tamaques
Washington
Wilson

Scott Gleason, CRS at RE/MAX Select, Luxury Homes

Originally posted on my Westfield area luxury homes real estate blog here: http://www.luxuryhomesnj.com/westfield-nj-market-reports/westfield-area-market-report-september-2018/.

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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

This is very informative for those looking to buyers and sellers in the Westfield area Scott. Hope activity ramps up going into the end of the year for you.

Oct 19, 2018 01:09 PM #1
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Scott Gleason

Westfield NJ New Homes Specialist
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