You should read the Scotch Plains Market Update Meow!

By
Real Estate Agent with Samsel & Associates 0790808

Team Zuhl are the experts when it comes to buying and selling a home in Scotch Plains. We've studied the real estate market in Scotch Plains and are ready to provide you with the most up to date information regarding your home's worth.

Have you read the Scotch Plains real estate market report for September?

buying and selling a home in scotch plains

Here's a quick summary of what we've learned:

Inventory:

  Active Listings Sold Listings
August 2019 133 35
August 2018 161 37
12 month average 147.42 28.25

The law of supply and demand says that when inventory drops, prices rise.

Click here to view currently listed homes in Scotch Plains.

Months of Inventory:

  Months of Inventory
August 2019 5.64
August 2018 4.35
12 month average 5.75

In Scotch Plains, there are currently 5.64 months of inventory. There are enough homes listed for sale to satisfy the current buyers in Scotch Plains.

 

Prices:

  Average List Price Average Sale Price
August 2019 $650,382 $496,715
August 2018 $710,142 $558,004
12 month average $611,515 $557,661

Pricing your home right can affect your final sales price. Work with a professional you trust who can help you navigate the muddy waters of bidding wars.

Days on Market:

  Days on Market
August 2019 43
August 2018 37
12 month average 46.40

The speed of a home sale is dependent on home condition, pricing, and marketing. Work with your real estate professional to make sure that your home is priced right and marketed strongly!

 

Please read the full report for our analysis on what this means for buyers and sellers.

 

To read more about the real estate market in Scotch Plains, please read our earlier market reports here.  For more information on how Team Zuhl can help you, 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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Rainmaker
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Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good afternoon Wayne and Jean - no kitten around, the Zuhl team are the ones to call for buying or selling in Scotch Plains.

Sep 22, 2019 10:31 AM #1
Rainer
451,122
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

 

Sep 22, 2019 09:10 PM #2
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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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