Westfield's Monthly Single Family Home Productivity Report

<!-- -->November 2006 saw a 23.59% increase in the number of listings over November 2005. Westfield had 241 single family homes listed for November 2006 with a median list price of $779,900, averaging 98 days on the market. Of the 241 listings, 37 were new with a median price of $649,900. During the month there were 22 sales with a median sales price of $635,000.  One could infer significant price reductions were taken, before these sales were consummated. Sales were equivalent in comparison to November 2005. However, the average sales price to list price was a strong 98%.

 

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William Collins, Broker Associate
ERA Queen City Realty
South Orange, NJ

Office Phone: (970) 275-5454 Ext.: 11
Cell Phone: (908) 531-4979
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