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Mar 03, 2021

Somerset County’s Real Estate Market Conditions March 2021 – Bridgewater Edition

By |2021-04-20T11:16:26-04:00March 3, 2021|55+, Buyers, First Time Home Buyers, Local News, Market Reports, Sellers|

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.

Mar 02, 2021

Hunterdon County’s Real Estate Market Conditions March 2021

By |2021-04-16T16:56:07-04:00March 2, 2021|55+, Buyers, First Time Home Buyers, Local News, Market Reports, Sellers|

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.

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