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.
There are several... Lower interest rate and paying less for your home monthly for a start. Having the best-looking offer and not requiring PMI are others.
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.
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.
If you’re thinking about moving this year, you’re not alone. Let’s connect to shed light on the equity you have in your current home and the opportunities it can create.
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.
"Right now we have less than half the inventory we had a year ago". "Most sellers and buyers feel safer with virtual showings". "I try to be an industry resource says Joe".
When you’re thinking about buying a home, there are a few key steps to take before you even start to look at houses. From saving for your down payment to getting pre-approved for a mortgage, you’ll want to make sure you keep your financial plan on track from the beginning. Let’s connect today to make sure you have an introduction to a trusted lender and the best possible real estate guidance as you begin your homebuying process.