Union County Homes: January 2017

Fanwood Real Estate Market Four Year Trend Analysis

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Fanwood is one of the most desirable towns in Union County. Here we take a look at what's been going on in the Fanwood Market.

Homes Sold:  In 2016, 125 homes were sold in Fanwood, this is up 76% from the 71 homes that sold in 2013.  Even though sales are up, the inventory has remained consistent the past four years.

Sale Price: In Fanwood the average sale price in 2016 was $430,269, this is up 11% from the average sale price of $386,777 in 2013.  Great news if you're thinking about selling your Fanwood home.

Average Days on Market: In 2016, homes were sold after only 44 days on the market. In 2013, the average time to sell a home in Fanwood was 76 days.  Another great indicator that the Fanwood market has recovered and is continuing to do well.

Fanwood real estate year end trend analysis

 

 

 

 

~ Wayne & Jean 

Union County, NJ - a great place to live and work!

If you're looking to buy or sell a property in Union County, call us at 908-917-4189 or email TeamZuhl@gmail.com.

 

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All opinions, information and data provided is deemed reliable but is subject to errors and omissions. Not intended to solicit other Brokers' clients. We cooperate with them fully. 

Comment balloon 3 commentsWayne and Jean Marie Zuhl • January 30 2017 03:43PM
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