Get ahead of the residential real estate market drivers in Somerset County, New Jersey, with Coldwell Banker Residential Broker sales associate, Joe Peters. Joe's monthly market update walks you through the economic conditions and trends that influence our local markets. You will come away knowing [...]
Get ahead of the residential real estate market drivers in Hunterdon County, New Jersey, with Coldwell Banker Residential Broker sales associate, Joe Peters. Joe's monthly market update walks you through the economic conditions and trends that influence our local markets. You will come away knowing [...]
Get ahead of the residential real estate market drivers in Somerset County, New Jersey, with Coldwell Banker Residential Broker sales associate, Joe Peters. Joe's monthly market update walks you through the economic conditions and trends that influence our local markets. You will come away knowing [...]
Get ahead of the residential real estate market drivers in Somerset County, New Jersey, with Coldwell Banker Residential Broker sales associate, Joe Peters. Joe's monthly market update walks you through the economic conditions and trends that influence our local markets. You will come away knowing [...]
Get ahead of the residential real estate market drivers in Somerset County, New Jersey, with Coldwell Banker Residential Broker sales associate, Joe Peters. Joe's monthly market update walks you through the economic conditions and trends that influence our local markets. You will come away knowing "what" is happening, and more importantly, "why" it is happening. As a result, you will be better informed to make home buying and selling decisions in 2021.
Get ahead of the residential real estate market drivers in Hunterdon County, New Jersey, with Coldwell Banker Residential Broker sales associate, Joe Peters. Joe's monthly market update walks you through the economic conditions and trends that influence our local markets. You will come away knowing "what" is happening, and more importantly, "why" it is happening. As a result, you will be better informed to make home buying and selling decisions in 2021.
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.
Units going under contract averaged 47 days on the market. Three hundred fifty-nine units went "under contract" in February, up slightly from 335 in the prior month. Newly listed properties in the same period totaled 207, down slightly from 217 in the preceding month. Our total inventory number decreased from 1.019 this time last year to 452 units, 56% less than last year.
Get ahead of the residential real estate market drivers in Somerset County and Bridgewater, New Jersey, with Coldwell Banker Residential Broker sales associate, Joe Peters. Joe's monthly market update walks people through the economic conditions and trends that influence our local markets. You will come away knowing "what" is happening, and more importantly, "why" it is happening. As a result, you will be better informed to make home buying and selling decisions in 2021.