In Westfield, NJ, as in many towns, the spring is a very busy time for sellers to put their homes on the market and for the buyers to start their search in earnest. The market in Westfield NJ was busy this year and the homes that were priced right and showed well were snapped up and often there were multiple bids on the same home.
Now in the heat of the summer, many of those sales are closing. I always hear buyers tell me that it’s easy to find homes for sale, but somewhat harder to get an accurate picture of what they really sold for. The following link will show you all the Westfield NJ homes that have closed since June 2012. There were in all 57 of them and they ranged in price from an asking of $259,000 to $1,750,000 and sales prices from $252,000 to $1,751,000.
This breaks down to an average list price of $718,347 and an average sale price of $692,677, resulting in a sales-price-to-list-price ratio of 96.1%. The average days on market for these properties was 40 days.
Currently, there are 155 homes on the market in Westfield. So if you are thinking of moving here, there is still inventory out there and you might want to start taking a look.
If you would like more information about buying or selling a home, please contact me on my direct line at (732) 261-6151. I’d be glad to help you.
If you know someone else who would find this information helpful, please pass it on to friends and family!
If you’re considering buying or selling soon, or know someone who is, it’s important to have a knowledgable, local agent who can guide you through the process. I am always available to help.
This blog is the courtesy of Jackie Safran who is an award winning Real Estate Agent at RE/MAX Properties Unlimited in Westfield, NJ (732) 261-6151. I help nice people sell and buy beautiful homes in Union and Middlesex Counties.