Westfield Area Market Report for July 2019

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

Active listings for luxury Westfield homes remained high, according to the Westfield Area Market Report for July 2019. More than 60% of these listings were newly constructed or are ready to be built. A few owners in the incredibly popular Savannah also put their properties up for sale, including a penthouse unit. If you want to make it your own, you need to act now.

The Westfield Area Market Report for July 2019 showed that active listings remain high in the luxury market. New construction remains a hot commodity.

Westfield Area Market Report - July 2019

Active Westfield Luxury Homes for Sale - July 2019

Search Westfield luxury homes for saleGarden State MLS reported a total of 40 active Westfield area luxury home listings in July 2019. Twenty-five of those are either newly constructed, currently under construction or scheduled to be built soon. Eleven of them came onto the market within the last 30 days. They include a gorgeous custom colonial currently under construction by Prominent Properties at 26 Carol Rd. It just hit the market last week. If you hurry, you can customize this property to your exact specifications. Just contact me for a private tour. Other Westfield luxury properties for sale include a penthouse in the Savannah that went up for sale just nine days ago.

Westfield Luxury Homes Under Contract - July 2019

Eight luxury Westfield homes went under contract in July 2019. Five of them were newly constructed homes. Two of them went under contract after spending less than 30 days on the market. They included a custom colonial scheduled to be built. The new owner loved the plans so much that they entered escrow after the listing was on the market for just 24 days. Since it's in the very early stages of development, the new owner gets to put their spin on all of the finishing touches on this one. The other listing is an Elshiekh custom colonial that is currently under construction. It spent just four days on the market before the new owner swooped in to claim it as their own.

Westfield Luxury Homes Sold - July 2019

Sixteen luxury Westfield homes were sold in July 2019. Eleven of those were brand new construction. Five spent less than 30 days on the market before being sold. One, a 2014 custom colonial on Embree, spent just nine days on the market and sold for $26,000 over the list price. A 2007 remodeled custom colonial on Virginia spent just 14 days on the market before being sold at list price for $899,000.


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

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Scott Gleason

Westfield NJ New Homes Specialist
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