Did you hop past the September Linden Real Estate Market Report?

By
Real Estate Agent with Samsel & Associates 0790808

Team Zuhl studies the real estate market in Linden every month to make sure that Linden home owners and home buyers are well educated about what Linden homes are worth. The September real estate market update for the Linden market was published a few weeks ago.

 

linden real estate market report

Click here if you missed the September Linden Real Estate Market Update!

Here's a quick summary of what we learned:

Inventory:

  Active Listings Sold Listings
August 2019 145 35
August 2018 201 49
12 month average 173.46 36.77

As inventory shrinks, demand for homes usually increases. This can help to raise prices and/or shorten the length of time homes are on the market.

Linden is currently experiencing a normal market holding 5.03 months of inventory.

Prices:

  Average List Price Average Sale Price
August 2019 $316,723 $299,892
August 2018 $283,468 $271,120
12 month average $299,313 $279,825

 

Linden has had a slow but steady improvement in prices for several years.

Days on Market:

  Days on Market
August 2019 68
August 2018 55
12 month average 59.92

 

Sales appears to have slowed down after a relatively quick summer. Sellers who want to stand out in the inventory will have to price their homes well so that they can sell fast.

Click here to read what this means for buyers and sellers!

 

To see earlier market reports of Linden , please click hereIf you’re thinking of buying or selling a Linden home, 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
Tags:
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buying a home in linden
selling a home in linden
linden realtors
linden real estate market report
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Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Wayne and Jean. Catchy photgraph and caption. Thanks for the update. Enjoy your day!

Sep 20, 2019 05:05 AM #1
Rainmaker
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Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Hi Wayne and Jean Marie... I love checking in on your market reports because they always put a smile on my face!

Sep 20, 2019 09:45 AM #2
Rainmaker
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Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good afternoon Wayne and Jean Marie Zuhl - if they hopped past the Zuhl Team market intellegence reports they need to go back to the source!

Sep 20, 2019 11:48 AM #3
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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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