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These are just preliminary closed sale numbers, as we are still compiling the data on pending transactions, and year over year change, but since I know many of you anticipate this information at the start of each month, here are some numbers for Westfield NJ Real Estate for the month ending March 2008.
Closed Sales: 18
Average Sales Price: $711,416
Average Days on Market: 87
Average List to Sale Price Ratio: 96.3%
Click here for the Cranford Numbers
Click here for January's Westfield Numbers
In isolation, these numbers show a healthy balance of buyers and sellers with the days on market, however, we really can't judge what this means for the state of the market, until we compare these numbers with prior years, and also look at how many homes are actively listed, versus how many actually sold. Expect those numbers in the next week or so.
Thanks for Reading our Westfield NJ Real Estate Market Summary
Sean Carroll - Realtor, Team Leader
"Team Carroll" Real Estate Professionals for Cranford, Westfield, and Surrounding Areas
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These are just preliminary closed sale numbers, as we are still compiling the data on pending transactions, and year over year change, but since I know many of you anticipate this information at the start of each month, here are some numbers for Westfield NJ Real Estate.
Closed Sales: 14
Average Sales Price: 779,714
Average Days on Market: 67
Average List to Sale Price Ratio: 94.7%
Click here for the Cranford Numbers
In isolation, these numbers show a healthy balance of buyers and sellers with the days on market, however, we really can't judge what this means for the state of the market, until we compare these numbers with prior years, and also look at how many homes are actively listed, versus how many actually sold. Expect those numbers in the next week or so.
Thanks for Reading our Westfield NJ Real Estate Market Summary
Sean Carroll - Realtor, Team Leader
"Team Carroll" Real Estate Professionals for Cranford, Westfield, and Surrounding Areas
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Tonight, I am fortunate to have the opportunity to go to the new Prudential Center in downtown Newark, NJ to see hockey's New Jersey Devils take on the Buffalo Sabres. I have to admit, I am not a Devils Fan, in fact, having grown up outside Philadelphia, I grew up hating the Devils, mainly because they won too much. Anyway...I digress...
I am excited as a resident of Westfield, NJ to simply hop on New Jersey Transit at the Westfield Station (less than a half mile from me, so I can walk) and take the train right to Newark Penn Station, where I am told there is a nice pedestrian walkway to the arena. Living in Westfield, Cranford, or anywhere along these train lines is probably the #1 or #2 reason (schools) why our property values have outperformed the other parts of NJ and national real estate market. Thus, you will never be sorry you bought in a quality community like Cranford, Westfield, or Berkeley Heights, NJ.
While I can't say I will be rooting for the Devils tonight, I will surely have a good time, as I am being treated by a client and a friend so it will be great to catch up...I pay for golf, he pays for sporting events. :)
Sean Carroll - Realtor, Team Leader
"Team Carroll" - Real Estate Professionals.
Serving Cranford, Westfield, Scotch Plains, Berkeley Heights, New Providence and Surrounding Areas
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