Categories for Real Estate News

Scotch Plains Real Estate Four Year Trend Analysis

Scotch Plains remains one of the most sought after towns in Union County. Here is a snapshot of the 2016 year end trend analysis of the real estate market in Scotch Plains: Sales: 320 homes were sold in Scotch Plains in 2016, up 29% over 4 years. Prices: The average ...

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Rahway Real Estate Market 4 Year Trend Analysis

Rahway’s real estate market continues to be affected by a large numbers of distressed properties – short sales, foreclosures, and pre-foreclosures. This causes prices to drop and home sales to slow down. As the distressed properties are sold and get off the market, improvements should be more obvious than they ...

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Fanwood Real Estate Market Trends 4 Year Analysis

Fanwood continues to be one of the most highly sought towns in Union County. Here’s a snapshot of the 2016 real estate market: Home Sales: 125 homes were sold in Fanwood in 2016, up 76% from the 71 homes that were sold in 2013.  This accompanied a relatively steady inventory ...

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Cranford Real Estate Market Four Year Trend Analysis

The Cranford real estate market in 2016 saw an increase in condo sales and a resulting decrease in home prices. Average sale price – $429,710, down 2% from 2015. This is a result of an increase in condo sales and half duplex sales in 2016 and is not an indicator ...

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Clark Real Estate Four Year Trend Analysis

Clark real estate was hot in 2016. How does this compare to the previous several years? Inventory is down. The average inventory in 2013 was 91 homes. The average inventory in 2016 was 76 homes. Lower supply tends to drive prices up. Sales are up. 130 single family homes were ...

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