Union County Homes: Real Estate Market Report for Linden, NJ - October 2016

Real Estate Market Report for Linden, NJ - October 2016

Linden home buyers and home sellers need to understand the Linden real estate market. Here’s what you need to know for October, 2016.

Inventory: There are 240 single family homes offered for sale in Linden, continuing the trend of decreasing inventories that we've seen since February.There were 29 homes sold in Linden in September of 2016.

There is very little change in inventory over the last 4 years.

lindenINV0916

Prices: The average home that was sold in Linden in September of 2016 was sold for $242,756. Although this sale price does not reflect a dramatic improvement, slow improvements over the last several years appear to have made an impact on sale prices. The price trend is showing an increase and homeowners in Linden are still seeing a modest return on their investment.

lindenPRICE0916

Days on Market: Homeowners who want to sell their home quickly should consult with their real estate agent to ensure that their home is being marketed aggressively, is priced competitively, and is in pristine showing condition. The average home in Linden that was sold in August was sold after 110 days on the market which is the slowest we've seen since March.

If you’re thinking of buying or selling a home in Linden, Team Zuhl is here to help you every step of the way!

FREE market analysis of linden (3)

 

 

 

~ 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 12:37PM

Comments

Yes home owners need to know if it is a buyers or a sellers market and this is where Team Zuhl comes in with the answers, Endre

Posted by Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002 (Berkshire Hathaway HomeServices) almost 2 years ago

Good morning Wayne and Jean. Slow and steady is the way to go. Enjoy your day! 

Posted by Wayne Martin, Real Estate Broker (Wayne M Martin) almost 2 years ago

Wayne and Jean Marie Zuhl There appears to be something that is going to change based on your numbers. Either inventories should begin to rise, or home prices will drop or both. Time will tell! Thanks for the report!

Posted by Sandy Padula and Norm Padula, JD, GRI, Presence, Persistence & Perseverance (Realty National) almost 2 years ago

Sounds like some very affordable options available in your area.  Nice market update with lots of helpful information.

Posted by Belinda Spillman, Colorado Living! (Aspen Lane Real Estate Colorful Colorado) almost 2 years ago

another awesome colorful and detailed report that buyers and sellers can learn from !

Posted by Mark Loewenberg, KW 561-214-0370 (KW of the Palm Beaches) almost 2 years ago

Participate