The average list price for all listings in Bridgewater Township is $458,560.
There were 26 new listings in Bridgewater Township last month with an average list price of $537,650.
There were also 43 homes that have gone under contract in the past 30 days with an average list price of $636.962 and 32 days on market.
Based on the last full month's contract sales, statistics show a severely deficient supply of inventory of just two months. Normal market conditions average four to six months in Hunterdon County. Units going under contract averaged 55 days on the market. One hundred fifty-eight units went "under contract" in February, up slightly from 142 in the prior month. Newly listed properties in the same period totaled 89, down from 102 in the preceding month. Our total inventory number decreased from 643 this time last year to 255 units, 60% less than last year.
Housing demand is high and supply is low, so if you’re thinking of moving, it’s a great time to do so. There are likely many buyers who are looking for a home just like yours, and there are options coming for you to find a new house too. Let’s connect today to see how you can benefit from the opportunities available in our local market.
Over the past year, homeowners have gained an unprecedented opportunity to sell with great success while buyer demand is soaring.
With homes selling twice as fast as they did last year at this time, getting multiple offers, and rising in price, homeowners are in the driver’s seat.
Let’s connect today if you’re ready to learn about the leverage you have as a seller in today’s housing market.
Based on the 50-year symbiotic relationship between treasury rates and mortgage rates, it appears mortgage rates could be headed up this year.
It may make sense to buy now rather than wait.
Let's connect and talk about your particular situation.
Today’s housing market is a big win for sellers, but these conditions won’t last forever.
If you’re in a position to sell your house now, you may not want to wait for your neighbors to do the same.
Let’s connect to discuss how to sell your house safely so you’re able to benefit from today’s high demand and low inventory.
Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home.
If you’re in a position to buy a home, let’s connect to determine your best move in today’s housing market while interest rates are still in your favor.
With mortgage interest rates hitting record lows so many times recently, some are wondering if we’ll see low rates continue throughout 2021, or if they’ll start to rise.
If you’re ready to buy a home, it may be wise to make your move before mortgage rates begin to rise.
Let’s connect to discuss how today’s low rates can create more opportunities for you this year.
Savings in any form is a good thing.
The forced savings you can earn from making a mortgage payment enables you to build wealth through home equity.
That equity can come in handy in both good and more challenging times.
Whether you’re a first-time buyer or a move-up buyer, don’t let the headlines scare you away from your dream of homeownership.
Instead, connect with mortgage and real estate professionals to determine what you can afford and what’s available at that price.
Like almost half of the buyers in the survey, you may be pleasantly surprised.
Let's connect and I can introduce you to a mortgage professional who can help you to determine what you can afford and get the process started.