Union County Homes: Fanwood Real Estate Market Report - October 2016

Fanwood Real Estate Market Report - October 2016

If you're planning on buying or selling a home in Fanwood, the first step is to get familiar with local market trends. Here's what you need to know for October, 2016.

Inventory: There are currently 39 homes offered for sale in Fanwood which is pretty typical for Fanwood. Four homes were sold in August which is much lower than we've seen in Fanwood since April.

Prices: The average sold home in Fanwood was sold for $459,188. The 12 month average in Fanwood is $435,777.

Days on Market: Homes in Fanwood sell quickly. In September, the average home was actively listed for only 23 days before going under contract - the fastest monthly average in Fanwood in at least 5 years.

Selling a home in Union County can be a long, arduous process, or it can be quick and easy - it all depends on 3 factors:

  1. Condition. Is your home updated? Is it clean and uncluttered? Is it convenient for agents to show?
  2. Pricing. Is your home priced competitively? Are you attracting buyers in the price range that your home is actually valued?
  3. Marketing. Does your listing agent have an aggressive marketing campaign that includes print and digital marketing?

 

 

If you want to sell your home quickly, you need to focus your energy on competing with the other houses in your town.

>  First, be sure that your house shows well. If you need to clean it, remove clutter, or improve curb appeal, do it now!

> Second, confirm with your Realtor that the house is priced competitively. Ask your Realtor to do a Comparative Market Analysis, especially if your house has been on the market for a long time.

> Third, Evaluate the marketing system that your Realtor has been using. When you do a web search of  homes for sale in your town, does your house appear? Has your Realtor held any open houses?


 

If you're ready to sell your home and want to get it sold as quickly as possible, call Team Zuhl. We'll handle the rest!

 

 

 

 

~ 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 5 commentsWayne and Jean Marie Zuhl • October 12 2016 11:33AM

Comments

Good Morning Wayne and Jean - nice market report for Fanwood.  I was also wondering if you are hosting a meetup this time.  I am considering but have a short window since my daughter is getting married on the the 4th of November.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) almost 2 years ago

Great looking Fanwood market report Wayne and Jean Marie Zuhl

I like your layout. Have a great weekend 

Posted by Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917 (Coldwell Banker) almost 2 years ago

Thank you for the useful market report on your area.

Posted by Michelle Carr-Crowe-Top 1% Diamond Certified Real Estate Team Sells Cupertino San Jose Homes-Just Call 408-252-8900, Family Helping Families Buy & Sell Homes 40+ Years (Get Results Team...Just Call (408) 252-8900!) almost 2 years ago

This is still a tough sale for many sellers.  When a like property sells very close and you show them the pictures and how cluttered theirs is compared to the neighbor that sold, some still don't get it.  

Posted by Florida Tolbert Team Keller Williams Advantage, Keller Williams Land Division Specialist (Keller Williams Advantage III Realty in Lake Nona) almost 2 years ago

This is good advice for home sellers, Wayne and Jean. Three is no sense in beign on the market if you aren't going to do it right.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) almost 2 years ago

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