Westfield NJ Market Update. December 2011

At the end of December 2011, there were 35 sales pending in the Westfield NJ real estate market, which left 92 listings still being available.   Currently, the market would be described as being mildly active.  The average list-to-sales ratio for December was 91.7% which is a simple way to express the difference between two values, the list price and sold price.  The average sold price for the last 30 days was $753,861 with an average days-on-market of 71 days.

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